Real Estate Agents Reservoir

VIC 3073

Whether buying, renting, or investing, it is important to know whether a suburb is right for you. We have the latest median prices, real estate market data & demographic information for Reservoir, VIC 3073 to help you make informed decisions about your property choices.

About Aurora Estate Agents

Showcasing a prominent local presence in Reservoir and a team illustrating rich and accumulative experience, Aurora Estate Agents offers an unrivalled calibre of personal attention. With high-tech media capabilities, private breakout spaces, a vibrant look and feel and an enviable awards cabinet, the office, which services not only Reservoir but also surrounding suburbs, exemplifies innovation and prowess.

Demographics

A little bit about who lives locally, as provided by government census data.

Population
50,465
Average Age
20 to 39
Owner
Renter
62%
38%
Family
Single
44%
56%
Distance to
Coburg North
Coburg North
Fawkner
Preston
Regent West
Preston West
Preston South
Thomastown
Kingsbury
Heidelberg West
Bundoora
0 mins
0 mins
0 mins
0 mins

Market Trends

View median property prices in Reservoir to get a better understanding of local market trends.
Bedrooms Type Median Price Avg Days on market Clearance Rate Sold this Year
2 Beds House $655k 76 days 59% 195 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$655k
ENTRY LEVEL
$490k
HIGH END
$1m
Sold this year
195
Rental median price
430
Auction clearance
Higher = more competition
59%
Average days on market
Lower = more competition
76 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $655k -4.2% 195
2022 $684k 4% 264
2021 $658k 5.3% 245
2020 $625k 4.2% 132
2019 $600k -9.8% 156
2018 $665k 0% 200
3 Beds House $817k 74 days 61% 328 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$817k
ENTRY LEVEL
$630k
HIGH END
$1.27m
Sold this year
328
Rental median price
495
Auction clearance
Higher = more competition
61%
Average days on market
Lower = more competition
74 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $817k -7.5% 328
2022 $883k 8.9% 351
2021 $811k 4.6% 449
2020 $775k 8.4% 257
2019 $715k -6% 284
2018 $761k 0% 328
4 Beds House $970k 80 days 63% 87 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$970k
ENTRY LEVEL
$685k
HIGH END
$1.46m
Sold this year
87
Rental median price
600
Auction clearance
Higher = more competition
63%
Average days on market
Lower = more competition
80 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $970k -4.1% 87
2022 $1.01m 5.3% 106
2021 $960k 11.6% 116
2020 $860k 6.2% 71
2019 $810k -10% 60
2018 $900k 0% 68
5 Beds House $1.17m 44 days 27% 17 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$1.17m
ENTRY LEVEL
$690k
HIGH END
$1.99m
Sold this year
17
Rental median price
630
Auction clearance
Higher = more competition
27%
Average days on market
Lower = more competition
44 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $1.17m -6.3% 17
2022 $1.25m 11.9% 22
2021 $1.12m 0% 23
2020 0 0% 8
2019 $885k -11.9% 13
2018 $1.01m 0% 18
1 Beds Unit $403k 36 days 91% 31 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$403k
ENTRY LEVEL
$245k
HIGH END
$690k
Sold this year
31
Rental median price
340
Auction clearance
Higher = more competition
91%
Average days on market
Lower = more competition
36 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $403k 2% 31
2022 $395k 0.8% 43
2021 $392k 5.9% 41
2020 $370k 0.8% 19
2019 $367k 7.9% 22
2018 $340k 0% 27
2 Beds Unit $553k 81 days 65% 174 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$553k
ENTRY LEVEL
$400k
HIGH END
$715k
Sold this year
174
Rental median price
395
Auction clearance
Higher = more competition
65%
Average days on market
Lower = more competition
81 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $553k -2.6% 174
2022 $568k 0.5% 226
2021 $565k 6.6% 238
2020 $530k 7.3% 162
2019 $494k -2.2% 126
2018 $505k 0% 149
3 Beds Unit $693k 70 days 62% 64 ＋
Market Performance
Sales Price Range
MEDIAN PRICE
$693k
ENTRY LEVEL
$445k
HIGH END
$895k
Sold this year
64
Rental median price
480
Auction clearance
Higher = more competition
62%
Average days on market
Lower = more competition
70 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2023 $693k -6.4% 64
2022 $740k 4.7% 61
2021 $707k 11.3% 107
2020 $635k 0.5% 77
2019 $632k -2% 54
2018 $645k 0% 71

* Data based on sales within the last 12 months

All information on this page is Domain , a digital property portal business.

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