Real Estate & Finance

Property Report & Market Data In Reservoir

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Average Market Value In Reservoir

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Reservoir’s property market has experienced moderate growth. Median house prices have climbed steadily due to strong demand from both first home buyers and investors, with units offering more affordable entry points.

850000

Median House Price

6.2 %

House Price Growth

540000

Median Unit Price

2.1 %

Unit Price Growth

Sales Trends In Reservoir

Stay ahead of the fast-moving sales trends around Reservoir

Sales volumes have remained consistent over the past year, with median prices rising and properties typically selling quickly due to strong local and investor interest.

310

Total Houses Sold

230

Total Units Sold

28

Days On Market (Houses)

2.8

Vendor Discount

Local Population Movement In Reservoir

Learn who is moving in and out of Reservoir! Is it on the rise or decline?

Reservoir has seen steady population growth, driven by young families, professionals, and migrants attracted by affordability, transport, and lifestyle amenities. There is consistent demand for both housing and rental accommodation.

54000

Population Size In Reservoir

3.5

Population Growth In Reservoir

25-34

Dominant Age Group InReservoir

Couples with children

Household Types In Reservoir

Market Decline or Growth Indicators For Reservoir

Learn who is moving in and out of Reservoir! Is it on the rise or decline?

Indicators show continuing strong demand, low vacancy rates, and moderate price growth, suggesting the market remains resilient with upward trends in both sales and rentals.

5.8

Annual Price Growth In Reservoir

400

Sales Activity Rate In Reservoir

2.8

Average Stock Inventory Time InReservoir

Rental Yields and Demand In Reservoir

Find out if this is a good investment opportunity buying real estate in and around Reservoir

Both houses and units enjoy solid rental yields, with demand frequently outstripping supply, leading to rapid leasing and low vacancy.

310

Total Houses Sold

230

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.8

Vendor Discount

Affordability and Finance Options For Reservoir

Home Loans: Financing Your Dream Home In Reservoir. Get Pre-Approved Today.

310

Total Houses Sold

230

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.8

Vendor Discount

Lifestyle and Amenities In and Around Reservoir

Reservoir Lifestyle: Why Live Here

Reservoir is a vibrant, family-friendly suburb offering a diverse range of amenities including shopping centres, cafes, schools, sporting facilities, and abundant parks. There is a strong community feel, with excellent public transport access and ongoing urban renewal balancing suburban peace with convenience.

35

Parks Count

19

Suburb Area

12

Distance To CBD

Property Type Breakdown Reservoir

Reservoir Properties: Houses vs. Units

310

Total Houses Sold

230

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.8

Vendor Discount

Reservoir Suburb Information

Reservoir Suburb Stats

State: Victoria

City: Melbourne

Population: 54,000

Postcode: 3073

Free Property Appraisal In Reservoir

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