Market snapshot
Suburb insights for Reservoir3073
Change suburbReservoir, approximately 12 km north of the CBD, is the largest suburb in Darebin by land area, offering a mix of established homes and modern developments. It features Edwardes Lake Park, Reservoir Leisure Centre, and lively shopping strips along Edwardes Street and Broadway. The suburb's cultural diversity, strong transport links, and recreation facilities continue to attract families and professionals.
Recent sales and auction results in Reservoir
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 49 Lawley St, Reservoir | 3 |  | House | Private Sale | 7/01/2026 | Barry Plant | View |
Sales data
Median sale price
$1mil
Quarterly price change
2.6%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Reservoir | Metro comparison |
|---|---|---|
| 2 | $795,000 | $940,000 |
| 3 | $916,000 | $851,000 |
| 4 | $1,150,000 | $970,000 |
| Insight | Reservoir | Metro comparison |
|---|---|---|
| Clearance rate | 78.4% | 77.8% |
| Days on market | 44 | 36 |
Rental data
Median weekly rent
$550
Rental yield
3%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Reservoir | Metro comparison |
|---|---|---|
| 2 | $500 | $585 |
| 3 | $570 | $550 |
| 4 | $650 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.