Auction Times
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 35 Andrews Avenue 3 1 1 House | 10:00 AM Sat 9th Jul | Miles Real Estate |
 | 19 McShane Street 3 1 3 House | 10:30 AM Sat 9th Jul | Harcourts |
 | 107 Darebin Boulevard 3 1 1 House | 11:00 AM Sat 9th Jul | Nelson Alexander |
 | 34 Andrews Avenue 2 1 1 House | 11:30 AM Sat 9th Jul | D'Aprano Real Estate Solutions Pty Ltd |
 | 43 Cuthbert Road 3 1 2 House | 12:00 PM Sat 9th Jul | Ray White |
 | 1/170 Spring Street 3 2 2 Townhouse | 12:00 PM Sat 9th Jul | Ray White Preston |
 | 4/51 Lane Crescent 1 1 1 Unit | 12:30 PM Sat 9th Jul | Hockingstuart |
 | 2/14 Merino Street 2 1 2 Unit | 12:30 PM Sat 9th Jul | Brace Real Estate |
 | 33 Elliot Street 3 1 4 House | 1:00 PM Sat 9th Jul | Ray White |
 | 9/119-125 Mahoneys Road 3 2 1 Townhouse | 1:00 PM Sat 9th Jul | Nelson Alexander |
 | 1C Newton Street 2 1 1 Townhouse | 2:00 PM Sat 9th Jul | Ray White Preston |
 | 88 Tyler Street 3 2 2 Townhouse | 2:30 PM Sat 9th Jul | Harcourts |
Sat 16 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 31 Wattle Grove 6 2 2 House | 10:00 AM Sat 16th Jul | Ray White Preston |
 | 26 Tovey Street 3 1 2 House | 10:30 AM Sat 16th Jul | All Melbourne Rentals |
 | 20 Merrilands Road 3 1 1 House | 11:00 AM Sat 16th Jul | Barry Plant |
 | 59 McMahon Road 2 1 6 House | 11:00 AM Sat 16th Jul | Ray White Preston |
 | 51 Howard Street 3 1 4 House | 11:00 AM Sat 16th Jul | EJ Love Real Estate |
 | 2/7 Lindsay Street 2 1 1 Townhouse | 11:00 AM Sat 16th Jul | Brace Real Estate |
 | 30 Elsey Road 3 1 1 House | 11:00 AM Sat 16th Jul | Hockingstuart |
 | 12 Faye Street 3 1 2 House | 11:00 AM Sat 16th Jul | Ray White |
 | 10B Dumbarton Street 3 2 2 Townhouse | 11:00 AM Sat 16th Jul | Nelson Alexander |
 | 2/3 Cool Street 2 1 1 Townhouse | 11:30 AM Sat 16th Jul | Harcourts |
 | 14 Station Street 4 2 4 House | 12:00 PM Sat 16th Jul | Nelson Alexander |
 | 15/13 Elsey Road 1 1 1 Unit | 12:00 PM Sat 16th Jul | Ray White |
 | 146 Hughes Parade 4 2 2 House | 12:00 PM Sat 16th Jul | Brace Real Estate |
 | 2F Excelsior Street 3 1 1 Townhouse | 12:00 PM Sat 16th Jul | Love Real Estate |
 | 1/15 Cuthbert Road 3 2 1 House | 1:00 PM Sat 16th Jul | Ray White |
 | 148C Spring Street 3 2 2 Townhouse | 1:00 PM Sat 16th Jul | Nelson Alexander |
 | 23 Nicholson Avenue 3 1 2 House | 1:30 PM Sat 16th Jul | Nelson Alexander |
 | 1A Dwyer Avenue 3 1 2 House | 2:00 PM Sat 16th Jul | Nelson Alexander |
 | 2/200 Edwardes Street 1 1 1 Unit | 2:00 PM Sat 16th Jul | Ray White Preston |
Median Sale Price
House
$950K
Updated on May 2022
2 BR $905K | 3 BR $917K | 4 BR $1.05M |
Unit
$636K
Updated on May 2022
1 BR $408K | 2 BR $600K | 3 BR $750K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $432,500 | 0.0% | $181,000 | $1,000,000 | 433 |
| 2010 | $520,000 | +16.8% | $235,000 | $1,465,000 | 505 |
| 2011 | $500,000 | -4.0% | $210,000 | $1,260,000 | 367 |
| 2012 | $478,000 | -4.6% | $90,000 | $1,100,000 | 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 | $815,000 | +6.7% | $410,000 | $1,850,000 | 316 |
| 2021 | $950,000 | +14.2% | $390,000 | $3,135,000 | 553 |
| 2022 | $975,000 | +2.6% | $590,000 | $2,200,000 | 208 |
Median Sale Price
$980K
Based on 472 recorded sales within the last 12 months
Updated on 8 Jul 2022
Suburb Growth
+8.7%
Current Median Price: $980,000
Previous Median Price: $895,000
Based on 924 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2022)
Price Range Segments (12 months ending Jun 2022)
Median Weekly Rent Price
House
$400
Updated on May 2022
2 BR $350 | 3 BR $410 | 4 BR $480 |
Unit
$370
Updated on May 2022
1 BR $300 | 2 BR $360 | 3 BR $450 | 4 BR $550 |
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 | 617 |
| 2013 | $330 | -3.0% | $150 | $1,390 | 585 |
| 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 | 701 |
| 2018 | $400 | +2.5% | $240 | $700 | 628 |
| 2019 | $410 | +2.4% | $260 | $1,040 | 619 |
| 2020 | $420 | +2.4% | $170 | $990 | 530 |
| 2021 | $410 | -2.4% | $130 | $850 | 632 |
| 2022 | $420 | +2.4% | $165 | $2,173 | 294 |
Median Rent Price
$420
per week
Based on 593 recorded rent within the last 12 months
Updated on 8 Jul 2022
Rent Price Growth
+2.4%
Current Median Rent: $420
Previous Median Rent: $410
Based on 1163 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $980,000
Current Median rent: $420
Based on 1065 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2022)
Auction Results For Reservoir
Houses sold in Last 12 months ends 2 Jul 2022
$962K
Median Sale Price
78%
Clearance Rate
313/403
Sold/Reported
$2.2M
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 | 13 | |
| $1.2 M - $1.4 M | 37 | |
| $1 M - $1.2 M | 69 | |
| $800 K - $1 M (Median Price Range) | 96 | |
| $600 K - $800 K | 53 | |
| $400 K - $600 K | 1 | |
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 |