Real Estate Reservoir Vic 3073

Reservoir (Vic.): Relaxed, Vibrant, Cultural, Historic

Housing Market in Reservoir (Vic.)

Key Reservoir (Vic.) Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$590	Top 47%	190% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Reservoir (Vic.)

Reservoir (Vic.) Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Reservoir (Vic.)

26.7%

Melbourne

28.8%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Development applications	405	Top 10%	68% to Jun 2025
Developments	1.0	Bottom 33%	Data for Jul 2023
Housing Stock Quality Indicator	70.6	Top 8%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	19 lots	Top 15%	47% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	143	Top 1%	495% to Feb 2025

Housing Stock Quality in Reservoir (Vic.)

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	63.5%	Bottom 6%	10% to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	4% to Jan 2021
NBN connection: fibreoptic cable to node	9.2%	Top 15%	Data for Jun 2023

Development Restrictions in Reservoir (Vic.)

Reservoir (Vic.) Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Reservoir (Vic.)

52.0%

Melbourne

36.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Total area	19.0 sq km	Top 36%	18% to Jan 2021
Heritage overlay total area	1.0 sq km	Top 12%	Data for Jun 2023
Residential density	315 sqm per resident	Bottom 11%	9% to Jan 2021

Risk in Reservoir (Vic.)

Reservoir (Vic.) Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Reservoir (Vic.)

49.3

Melbourne

49.7

Compare
Suburbs

Field	Value	VS Melbourne	Trend
% Owner Occupied	73.6%	Bottom 9%	0% to May 2023
% Rentals	26.4%	Top 9%	2% to May 2023
Housing Affordability Index	44	Top 20%	Data for Jun 2023
Median monthly mortgage	$1,980	Top 47%	15% to May 2023
Rent Affordability Index (Houses)	76	Bottom 38%	Data for Jun 2023
Rent Affordability Index (Units)	71	Bottom 23%	Data for Jun 2023
Mortgage as a percent of income	29.6%	Top 16%	8% to Jan 2021
Mortgaged Dwellings	32.2%	Bottom 31%	10% to May 2023

Housing Demand in Reservoir (Vic.)

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Reservoir (Vic.)

86.7%

Melbourne

82.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	17700	Top 27%	24% to Dec 2036
Historical Population (SA3)	100000	Top 27%	23% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	200000	Top 7%	57% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Reservoir (Vic.)

Reservoir (Vic.) Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$481	Top 49%	182% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	61.5%	Bottom 23%	24% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Darebin

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$545,000	Daventry St
10 May 2024	$585,000	Ashton St
10 May 2024	$625,000	Allenby Ave
10 May 2024	$575,200	Arundel Ave
10 May 2024	$427,500	Ashley St

Median House Rental Prices by Street (100)

Level_0	Street	Date	Median rent (per week)
104986	Evans Cr	13 Mar 2025	$625
104997	Faye St	13 Mar 2025	$635
104955	Elizabeth St	13 Mar 2025	$590
104957	Elliot St	13 Mar 2025	$550
104958	Elsey Rd	13 Mar 2025	$535

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
51.9%	Rodman St	quite tightly held	Every 19.3 years (quite tightly held)	2025
69.8%	View St	average turnover	Every 14.3 years (average turnover)	2025
46.3%	Grimwade St	very tightly held	Every 21.6 years (very tightly held)	2025
56.5%	Elizabeth Ct	quite tightly held	Every 17.7 years (quite tightly held)	2025
78.7%	Mendip Rd	average turnover	Every 12.7 years (average turnover)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Hobbs Cr	10 May 2024	$842,500
High St	10 May 2024	$620,000
Hickford St	10 May 2024	$812,500
Dredge St	10 May 2024	$996,000
Henty St	10 May 2024	$1,051,000

Percent of Renters by Street (100)

Percent of Renters	Street
46.6%	Aberdeen St
62.4%	Academy Ave
62.1%	Acheron Ave
0.0%	Adam Ct
9.2%	Alamo Rd

Businesses (100)

Name	Address
CDN Constructors PTY Ltd.	38-40 Malua St, Reservoir VIC 3073, Australia
Struct Form	1 Arunta St, Reservoir VIC 3073, Australia
Themed	25 Thrower St, Reservoir VIC 3073, Australia
MBR Group	4/37-39 Lakeside Ave, Reservoir VIC 3073, Australia
Facility Building Services Pty Ltd	22 Daleglen St, Reservoir VIC 3073, Australia

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
45 Newton St	$1,175,000	3.0	1.0	4.0	09 Mar 2025	On Market
33 Lane Cr	$1,220,000	3.0	3.0	2.0	08 Mar 2025	On Market
2 Charlton Cr	$700,000	2.0	1.0	1.0	08 Mar 2025	On Market
68 Ayr St	$950,000	3.0	2.0	6.0	07 Mar 2025	On Market
61 Winter Cr	Price Withheld	2.0	1.0	3.0	05 Mar 2025	On Market

Planning Applications: Dwellings (66)

Headline	Place	Date
Two Lot Plan of Subdivision Please also include an option to complete this development prior to construction using a Section 173 Agreement or similar. - Streamlined Planning through Electronic Applications and Referrals S243511V	29 Lane Crescent, Reservoir VIC 3073	12 Feb 2025
The proposed subdivision intends to subdivide the land into two lots, each containing an existing dwelling constructed approx. 30 years ago - Streamlined Planning through Electronic Applications and Referrals S243080A	1/241 Mahoneys Road, Reservoir VIC 3073	05 Feb 2025
Three lot subdivision (3) and construction of three (3) dwellings as shown on the plans accompanying the application. - Darebin City Council D/32/2025	53 Kia Ora Road Reservoir VIC 3073	31 Jan 2025
Development of four (4) double storey townhouses as shown on the plans accompanying the application. - Darebin City Council D/16/2025	1 Epstein Street Reservoir VIC 3073	21 Jan 2025
Construction of four (4) double storey dwellings - Darebin City Council D/687/2019/A	15 Rosenthal Crescent Reservoir VIC 3073	11 Jan 2025

Planning Applications: Other (31)

Headline	Place	Date
The display of one double sided internally illuminated promotion sign on the existing bus shelter as shown on the plans accompanying the application - Darebin City Council D/8/2025	122 Cheddar Road Reservoir VIC 3073	15 Jan 2025
Boundary Realignment and Removal of Easement as shown on the plans accompanying the application - Darebin City Council D/710/2024	685A Gilbert Road Reservoir VIC 3073	07 Jan 2025
Amend condition 4. Increase patron number to 150 - Darebin City Council D/421/2023/A	9 Cobham Street Reservoir VIC 3073	04 Jan 2025
Amend condition 4. Increase patron number to 150 - Darebin City Council D/2026/2024	9 Cobham Street Reservoir VIC 3073	03 Jan 2025
We seek to have the endorsed layout of the proposed childcare facility amended to meet the needs of the future operator of the facility. the proposed changes have been outlined on the provided cover letter submitted as part of the application and this should be read in conjunction with the amended town planning drawings. - Darebin City Council D/2025/2024	39 Barwon Avenue Reservoir VIC 3073	27 Dec 2024

Planning Applications: Industrial (3)

Headline	Place	Date
Proposed Industrial Development as shown on the plans accompanying the application. - Darebin City Council D/702/2024	274 Edwardes Street Reservoir VIC 3073	24 Dec 2024
Relocation of the Air conditioning Compressors within the factory floor space to avoid any external acoustic requirements. Condition 1a to be removed from existing planning permit D/102/2022 - Darebin City Council D/102/2022/A	6 Plateau Road Reservoir VIC 3073	21 Dec 2024
Relocation of the Air conditioning Compressors within the factory floor space to avoid any external acoustic requirements. Condition 1a to be removed from existing planning permit D/102/2022 - Darebin City Council D/2023/2024	6 Plateau Road Reservoir VIC 3073	20 Dec 2024

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 98 Rathcown Rd	$630	2	2	1	11 Mar 2025
Unit 1, 1a Cheddar Rd	$550	2	2	1	11 Mar 2025
23 Fyfe St	$455	2	2	2	11 Mar 2025
26b Mcmahon Rd	$570	3	1	2	10 Mar 2025
Unit 3, 20-22 Thackeray Rd	$600	2	2	1	07 Mar 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 4, 9-11 Wilson Bvd	$500	2.0	1.0	1.0	11 Mar 2025
Unit 14, 79a Rathcown Rd	$495	3.0	1.0	1.0	11 Mar 2025
Unit 5, 77 Pine St	$550	2.0	1.0	1.0	05 Mar 2025
Unit 3, 33 Harbury St	$4,952,151	2.0	1.0	1.0	05 Mar 2025
Unit 4, 50 Lane Cr	$440	2.0	1.0	1.0	05 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 4, 26 Barry St	$480,000	2.0	1.0	1.0	08 Mar 2025	On Market
Unit 1, 13 Shand Rd	$500,000	1.0	1.0	1.0	08 Mar 2025	On Market
Unit 3, 65 Whitelaw St	$398,000	1.0	1.0	1.0	08 Mar 2025	On Market
Unit 1, 20 Gertz Ave	Price Withheld	2.0	1.0	2.0	04 Mar 2025	On Market
Unit 1, 13 Fyfe St	$550,000	3.0	1.0	2.0	03 Mar 2025	On Market