Reservoir is a suburb of Melbourne, postcode 3073, located in the City of Darebin. in the State Electorate of victoria, 12klms from Melbourne City Centre. Current population is 50474.

Median House price in Reservoir is $785,000, -9% above the Melbourne-wide median of $859,097. The median price for a Unit in Reservoir is $565,000, 26% above the Melbourne-wide median of $450,00.

In the governed area of the City of Darebin is Reservoir, a stunning area in Melbourne, Victoria. Known for its great transport, ideal location and range of amenities, Reservoir has a population of 50,474 according to a census undertaken in 2016 with a real mix of long-time residents who have grown their family in the area and young, solo professionals who can see Reservoir is a great place to live. Just 12km from Melbourne?s Central Business District, there are a lot of professionals who live in the area for ease of access to the heart of the city while living in the north in a quiet yet beautiful area.

One of the most popular things about Reservoir is its close proximity to the Preston Market. For those looking for some fresh produce or some quirky trinkets, the popular market is the go-to place. The Edwardes Lake Park is also perfect for those who want a quiet walk or a family picnic. As for shopping, residents tend to head down Broadway and Edwardes Street where they can also enjoy a coffee in one of the many cafes or bakeries. There are even some long-time bakeries from the 1950s including Sargent?s. A lot of people also head to Northland shopping centre for all their favourite items.

It?s easy to get around with an excellent train and tram and you can take the car along the freeway to access the amenities around the area or get further afield. There are also good schools in the area for families and they tend to live in the period properties including beautiful Australian weatherboards and Art Deco homes that all have stunning renovations and good garden areas. Reservoir also has a number of homes that are from the 1960s which still enjoy good gardens and there are a lot of modern townhouses and units being built in the area.

With an ideal location just north of the city and with stunning period properties, good transportation and a brilliant market, Reservoir ticks a lot of boxes for young professionals and families.