Auction Times
Thu 23 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 135 Cheddar Road 3 1 3 House | 6:00 PM Thu 23rd Jan | Ray White |
Sat 25 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 3/59 Pickett Street 3 1 1 Townhouse | 12:00 PM Sat 25th Jan | Jellis Craig Northern |
Tue 28 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 6/16 Banff Street 2 1 1 Townhouse | 6:00 PM Tue 28th Jan | Harcourts |
Sat 1 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 19/2A Crookston Road 2 1 1 Unit | 10:00 AM Sat 1st Feb | Harcourts |
 | 4/32 Banff Street 2 1 1 Unit | 11:00 AM Sat 1st Feb | Harcourts |
 | 2/114 Crookston Road 2 2 1 Townhouse | 1:00 PM Sat 1st Feb | Ray White |
 | 6/71 Pine Street 2 1 1 House | 3:00 PM Sat 1st Feb | Ray White |
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $434,500 | 0.0% | $181,000 | $1,755,000 | 433 |
| 2010 | $520,000 | +16.4% | $235,000 | $1,465,000 | 505 |
| 2011 | $500,000 | -4.0% | $210,000 | $1,260,000 | 367 |
| 2012 | $478,000 | -4.6% | $90,000 | $2,515,000 | 310 |
| 2013 | $515,000 | +7.2% | $255,000 | $1,100,000 | 503 |
| 2014 | $550,000 | +6.4% | $88,000 | $1,250,000 | 519 |
| 2015 | $612,500 | +10.2% | $230,000 | $1,600,000 | 546 |
| 2016 | $720,000 | +14.9% | $280,000 | $1,900,000 | 445 |
| 2017 | $825,000 | +12.7% | $340,000 | $2,052,000 | 442 |
| 2018 | $795,000 | -3.8% | $320,000 | $1,592,500 | 350 |
| 2019 | $760,000 | -4.6% | $380,000 | $2,220,000 | 341 |
| 2020 | $815,500 | +6.8% | $410,000 | $1,850,000 | 317 |
| 2021 | $950,000 | +14.2% | $390,000 | $3,135,000 | 553 |
| 2022 | $945,000 | -0.5% | $381,500 | $2,330,000 | 429 |
| 2023 | $871,000 | -8.5% | $490,000 | $2,150,000 | 428 |
| 2024 | $910,000 | +4.3% | $395,000 | $2,213,000 | 488 |
| 2025 | - | - | - | - | - |
Median Sale Price
$910K
Based on 487 recorded sales within the last 12 months
Updated on 21 Jan 2025
Suburb Growth
+4.2%
Current Median Price: $910,000
Previous Median Price: $871,500
Based on 910 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $330 | 0.0% | $140 | $690 | 511 |
| 2012 | $340 | +2.9% | $210 | $750 | 619 |
| 2013 | $330 | -3.0% | $150 | $1,390 | 586 |
| 2014 | $340 | +2.9% | $130 | $2,000 | 461 |
| 2015 | $355 | +4.2% | $165 | $920 | 722 |
| 2016 | $370 | +4.1% | $140 | $900 | 742 |
| 2017 | $390 | +5.1% | $180 | $750 | 702 |
| 2018 | $400 | +2.5% | $240 | $700 | 628 |
| 2019 | $410 | +2.4% | $260 | $1,040 | 619 |
| 2020 | $420 | +2.4% | $170 | $990 | 534 |
| 2021 | $420 | 0.0% | $140 | $850 | 640 |
| 2022 | $430 | +2.3% | $165 | $2,173 | 644 |
| 2023 | $500 | +14.0% | $165 | $2,390 | 424 |
| 2024 | $550 | +9.1% | $195 | $1,550 | 376 |
| 2025 | - | - | - | - | - |
Median Rent Price
$550
per week
Based on 358 recorded rent within the last 12 months
Updated on 21 Jan 2025
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 775 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $910,000
Current Median rent: $550
Based on 845 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Reservoir
Houses sold in Last 12 months ends 18 Jan 2025
$920K
Median Sale Price
60%
Clearance Rate
202/338
Sold/Reported
$2.52M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M | 12 | |
| $1.2 M - $1.4 M | 12 | |
| $1 M - $1.2 M | 33 | |
| $800 K - $1 M (Median Price Range) | 63 | |
| $600 K - $800 K | 32 | |
| $400 K - $600 K | 4 | |
Similar Suburbs to Reservoir 3073
Based on median house sale price sold in last 12 months
Schools closest to Reservoir, VIC 3073
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Gabriel's School | SPRING STReservoir 3073 | Primary | Catholic | 0.34 km |
| Reservoir Primary School | DUFFY STREETReservoir 3073 | Primary | Government | 0.56 km |
| St Stephen's School | 71 WHITELAW STReservoir 3073 | Primary | Catholic | 1.21 km |
| Preston Primary School | 240 TYLER STREETPreston 3072 | Primary | Government | 1.57 km |
| Reservoir East Primary School | BOLDREWOOD PARADEReservoir 3073 | Primary | Government | 1.47 km |
| Maharishi School of the Age of Enlightenment | 2-6 DUNDEE STREETReservoir 3073 | Primary | Independent | 1.72 km |
| Reservoir West Primary School | CARRINGTON ROADReservoir 3073 | Primary | Government | 1.62 km |
| Reservoir Views Primary School | 110 ST VIGEONS ROADReservoir 3073 | Primary | Government | 1.78 km |
| Holy Name School | 12 ROBB STReservoir 3073 | Primary | Catholic | 1.91 km |
| St Joseph the Worker School | 79 WILSON BLVDReservoir 3073 | Primary | Catholic | 2.04 km |