Auction Times
Sat 30 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 3 Purinuan Road 4 3 5 House | 10:30 AM Sat 30th Jan | Ray White |
 | 2/32 Storey Road 3 2 2 Townhouse | 11:00 AM Sat 30th Jan | Ray White Preston |
Sat 6 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 41 George Street 3 1 4 House | 11:00 AM Sat 6th Feb | Ray Mascaro & Co Pty Ltd |
 | 4/161 Wilson Boulevard 3 2 2 Townhouse | 11:00 AM Sat 6th Feb | Nelson Alexander |
 | 100 North Road 3 1 1 House | 11:00 AM Sat 6th Feb | Stockdale & Leggo |
 | 56 Lockton Avenue 5 2 2 House | 11:00 AM Sat 6th Feb | Love Real Estate |
 | 45 Shand Road 1 1 0 House | 11:00 AM Sat 6th Feb | One Agency North Realty |
 | 4 Frankston Street 3 1 1 House | 12:30 PM Sat 6th Feb | Brad Teal Real Estate |
 | 1 Merrilands Road 3 1 3 House | 1:00 PM Sat 6th Feb | Ray White |
 | 183 Albert Street 3 1 2 House | 1:30 PM Sat 6th Feb | Harcourts |
 | 41 Tunaley Parade 3 1 6 House | 2:00 PM Sat 6th Feb | Philip Webb |
Median Sale Price
House
$790K
Updated on Dec 2020
2 BR $742K | 3 BR $790K | 4 BR $870K |
Unit
$559K
Updated on Dec 2020
1 BR $380K | 2 BR $544K | 3 BR $642K |
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 | $477,500 | -4.7% | $90,000 | $980,000 | 310 |
| 2013 | $515,000 | +7.3% | $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 | $826,000 | +12.8% | $340,000 | $2,052,000 | 442 |
| 2018 | $795,000 | -3.9% | $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 | 311 |
| 2021 | $1,100,000 | +25.9% | $580,000 | $1,100,000 | 5 |
Median Sale Price
$816K
Based on 311 recorded sales within the last 12 months
Updated on 24 Jan 2021
Suburb Growth
+6.6%
Current Median Price: $815,500
Previous Median Price: $762,000
Based on 646 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$400
Updated on Dec 2020
2 BR $360 | 3 BR $410 | 4 BR $450 |
Unit
$375
Updated on Dec 2020
1 BR $310 | 2 BR $370 | 3 BR $450 | 4 BR $540 |
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 | $350 | +2.9% | $165 | $920 | 721 |
| 2016 | $370 | +5.4% | $140 | $900 | 739 |
| 2017 | $390 | +5.1% | $180 | $750 | 700 |
| 2018 | $400 | +2.5% | $240 | $700 | 625 |
| 2019 | $411 | +2.7% | $260 | $1,040 | 614 |
| 2020 | $420 | +2.1% | $170 | $990 | 521 |
| 2021 | - | - | - | - | - |
Median Rent Price
$420
per week
Based on 486 recorded rent within the last 12 months
Updated on 24 Jan 2021
Rent Price Growth
+2.4%
Current Median Rent: $420
Previous Median Rent: $410
Based on 1087 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $815,500
Current Median rent: $420
Based on 797 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Reservoir
Houses sold in Last 12 months ends 23 Jan 2021
$818K
Median Sale Price
82%
Clearance Rate
173/211
Sold/Reported
$1.5M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 5 | |
| $1 M - $1.2 M | 17 | |
| $800 K - $1 M (Median Price Range) | 51 | |
| $600 K - $800 K | 61 | |
| $400 K - $600 K | 7 | |
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 |