Reservoir VIC 3073: Property Market Report & Real Estate Insights
Part of Darebin, VIC
Property Market
| Median Weekly Rent | $360.22 |
| Median Monthly Mortgage | $1992.36 |
| Median Persons Per Bedroom | 0.88 |
| Average Household Size | 2.40 |
| Average Age | 39.09 |
| Average Income | $755.61 |
| Average Cars Per Dwelling | 1.53 |
| Average Properties Within 50M | 20 |
Typical House Prices
| 1 bed property | $590,000 |
| 2 bed property | $794,000 |
| 3 bed property | $1,724,000 |
| 4 bed property | $1,418,000 |
| 5 bed property | $1,587,000 |
| 6 bed+ property | $1,556,000 |
Typical Homes & Property Types
Average Internet Speeds in Reservoir
Download 25 Mbps / Upload 5 Mbps
Reservoir is a suburb of Melbourne, Victoria. Found within the Local Government Area of the City of Darebin, Reservoir is a well-established suburb with a population of over 50,000 residents. Reservoir is primarily a residential suburb, comprising a mixture of older brick homes and newer, more contemporary developments. First officially established in the 1920s, despite having been a populated area for some time, its name finds its roots in three water reservoirs found within the area, which still exist to this day, forming part of the system supplying fresh water to Melbourne. In recent years Reservoir has seen unprecedented development, becoming incredibly popular with those desiring an urban lifestyle without the heavy price tag associated with the areas directly surrounding the Central Business District.
Reservoir is something of a middle ground between the more rural outer suburbs and the bustling metropolitan lifestyle found in the centre of Melbourne. Located just 12 kilometres from the Central Business District, and serviced by four railway stations connecting it to the centre of the city via the Mernda Railway line, Reservoir has excellent rail connections and has easy access to a number of major highways and freeways. These convenient and direct transport connections, coupled with the affordability and urban lifestyle of the suburb, make Reservoir an incredibly appealing place to own property.
Recently Sold Properties
Local Schools
Is Reservoir a safe suburb?
Incidents Trend State Average
Public Transport
Beckenham - Greater then 10KM
Maddington - Greater then 10KM
Gosnells - Greater then 10KM
Seaforth - Greater then 10KM
Kelmscott Interchange - Greater then 10KM
Midland - Greater then 10KM
Challis - Greater then 10KM
East Guildford - Greater then 10KM
Kenwick - Greater then 10KM
Woodbridge - Greater then 10KM
Local Attractions & Points of Interest in Reservoir
Mundaring Golf Course - Greater then 10KM
C.Y.O'Connor Memorial - Greater then 10KM
valley fresh produce - Greater then 10KM
George Spriggs Reserve - Greater then 10KM
Kattamorda The Dell sign - Greater then 10KM
Mundaring Recreation Ground - Greater then 10KM
Pickering Brook Golf Course - Greater then 10KM
Perth Observatory - Greater then 10KM
Balmain East Weather – Average Local Climate by Month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.9 | 16.0 | 30.8 | 28.8 | 79.6 | 5.3 | 29.0 |
| Feb | 1.1 | 15.9 | 29.8 | 32.9 | 81.4 | 4.9 | 24.2 |
| Mar | 0.8 | 15.2 | 28.0 | 32.5 | 81.3 | 4.0 | 20.2 |
| Apr | 1.5 | 13.0 | 23.8 | 42.0 | 87.4 | 3.9 | 15.5 |
| May | 4.4 | 10.0 | 19.3 | 48.1 | 87.5 | 4 | 12.0 |
| Jun | 5.9 | 8.4 | 16.4 | 58.8 | 92.9 | 3.9 | 9.7 |
| Jul | 7.0 | 7.6 | 15.3 | 61.2 | 94.5 | 4.0 | 10.0 |
| Aug | 5.8 | 7.6 | 15.7 | 58.9 | 94.7 | 4.2 | 12 |
| Sept | 5.5 | 8.3 | 17.3 | 53.6 | 94.7 | 4.6 | 16.9 |
| Oct | 1.9 | 10.3 | 21.4 | 46.3 | 93.2 | 4.6 | 22.6 |
| Nov | 0.7 | 12.5 | 26.1 | 33.7 | 82.3 | 4.7 | 28.1 |
| Dec | 0.7 | 14.5 | 29.2 | 27.9 | 79.2 | 4.2 | 30.3 |
source: Australian Government Bureau of Meteorology
Nearby Suburbs
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