Auction Times
Sat 6 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 3/177 Edwardes Street 2 1 1 Unit | 10:00 AM Sat 6th Jun | Ray White |
 | 27 McColl Street 2 1 1 Townhouse | 10:00 AM Sat 6th Jun | Ray White Preston |
 | 83 Royal Parade 3 1 2 House | 12:00 PM Sat 6th Jun | Ray White |
 | 758 Plenty Road 2 1 2 House | 3:00 PM Sat 6th Jun | Ray White Preston |
Sat 13 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 28 Callander Street 3 2 2 House | 11:00 AM Sat 13th Jun | hockingstuart |
 | 63 Liston Avenue 3 2 1 House | 11:00 AM Sat 13th Jun | Hocking Stuart |
 | 4 Glasgow Avenue 2 1 1 House | 11:00 AM Sat 13th Jun | Stockdale & Leggo |
Median Sale Price
House
-
Updated on Apr 2020
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2020
1 BR - | 2 BR - | 3 BR - |
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 | $612,000 | +10.1% | $230,000 | $1,600,000 | 546 |
| 2016 | $720,000 | +15.0% | $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 | $825,000 | +7.9% | $495,000 | $1,850,000 | 114 |
Median Sale Price
$795K
Based on 343 recorded sales within the last 12 months
Updated on 4 Jun 2020
Suburb Growth
+6.9%
Current Median Price: $795,000
Previous Median Price: $740,500
Based on 665 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$400
Updated on Apr 2020
2 BR $360 | 3 BR $400 | 4 BR $450 |
Unit
$370
Updated on Apr 2020
1 BR $315 | 2 BR $370 | 3 BR $450 | 4 BR $590 |
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 | 622 |
| 2019 | $415 | +3.6% | $260 | $1,040 | 613 |
| 2020 | $420 | +1.2% | $170 | $990 | 207 |
Median Rent Price
$420
per week
Based on 552 recorded rent within the last 12 months
Updated on 4 Jun 2020
Rent Price Growth
+3.6%
Current Median Rent: $420
Previous Median Rent: $405
Based on 1171 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $795,000
Current Median rent: $420
Based on 895 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)
Auction Results For Reservoir
Houses sold in Last 12 months ends 30 May 2020
$780K
Median Sale Price
80%
Clearance Rate
265/332
Sold/Reported
$1.5M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 3 | |
| $1.2 M - $1.4 M | 4 | |
| $1 M - $1.2 M | 20 | |
| $800 K - $1 M | 77 | |
| $600 K - $800 K (Median Price Range) | 107 | |
| $400 K - $600 K | 11 | |
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 |