Reservoir is a diverse and growing suburb, known for its mix of established homes, cultural diversity, and leafy streets. The suburb offers excellent amenities, including Edwardes Street shopping village, Reservoir Leisure Centre, and nearby Edwardes Lake Park, making it a popular choice for families and professionals. Housing ranges from period homes and larger blocks to modern townhouses and apartments, catering to a wide range of buyers. Reservoir combines convenience, affordability, and community appeal, making it one of the north’s most sought-after suburbs.
At Haitch Conveyancing, we make purchasing in Reservoir a smooth and confident experience. From classic Californian bungalows and mid-century family homes to modern townhouses and apartments near shopping and transport hubs, this evolving suburb blends character with convenience. With our in-depth knowledge of Darebin City Council’s planning framework, we help you navigate zoning requirements, redevelopment opportunities, and Reservoir’s ongoing transformation – from transport improvements and community upgrades to the renewal of retail, dining, and recreational spaces that continue to add to its appeal.
Comprehensive conveyancing for all residential property matters across Melbourne and Victoria.
Fixed-fee conveyancing for houses, apartments, and townhouses. We review contracts, conduct searches, and protect your interests from offer to settlement.
From Section 32 to settlement, we prepare compliant documentation, manage negotiations, and ensure a smooth, on‑time sale.
Seamless property transfers between family members, partners, and trusts. Stamp duty and title transfer services included.
Off‑the‑plan, subdivisions, related‑party sales, and complex matters handled with precision and clear communication.
One clear fee, no hidden extras — know exactly what you’ll pay from day one.
Handled by an experienced team working alongside property lawyers for added legal protection.
Fast responses and regular updates so you’re always in the loop.
Covered by the LPLC’s professional indemnity insurance — the same comprehensive cover used by Victorian law firms.
Navigate local property complexities with confidence
Reservoir is affected by various planning overlays including flood-related ones. Areas under Special Building Overlay (SBO), Land Subject to Inundation Overlay (LSIO) or other flood planning controls can impose additional requirements for building design (floor levels, drainage), permits, and risk assessments.
Much of the new development is medium density: townhouses and smaller apartment complexes, particularly near main roads, transit lines, and new infrastructure. Detached houses remain in Reservoir, but are increasingly rare or more expensive.
With so many new and planned apartment/townhouse developments, there’s a chance of oversupply in some precincts. That could compress rental yields, slow capital growth, or cause increased competition among similar properties, especially those that are less well-located or lower quality.
Properties close to major roads, train lines, or busy shopping/transport hubs may suffer from noise, higher traffic, and parking issues. Even with amenity, trade-offs in terms of peace, light, or privacy may apply.
Median house price $894,250. Popular with families and developers, with larger block sizes and redevelopment potential driving steady demand.
Median unit price $525000. Growing, with modern apartments and townhouses providing affordable entry points
Getting Around
Reservoir Station (Mernda line), tram routes along Gilbert and Plenty Roads. Several bus routes available.
Living in Reservoir
Reservoir offers a relaxed suburban lifestyle with leafy streets, local shopping villages, and plenty of parks and recreational spaces, including Edwardes Lake Park. Its cultural diversity, strong sense of community, and growing café and dining scene make it appealing to families, professionals, and long-term residents.
Reservoir is managed by the City of Darebin, which oversees planning and development, road and park maintenance, waste and recycling services, and provides libraries, childcare, aged care, sporting facilities, and cultural initiatives that support its diverse community.
Californian bungalows, post-war family homes, renovated homes, townhouses and apartments.
We clarify your goals, timelines, and any risks so you know exactly what to expect.
We review all documents, run required checks, and negotiate amendments where needed.
Stay updated at every milestone with clear communication from our Melbourne team.
We coordinate with all parties to complete settlement on time and without stress.
We work on a fixed professional fee structure (not hourly). Your quote includes contract review, settlement coordination and standard searches. On top of the professional fee there are disbursements (government/council/title searches, water/rates, planning checks) that we pay on your behalf and itemise upfront. If anything outside the standard scope is needed (e.g., extra negotiations, urgent settlement changes, additional certificates), we’ll confirm costs first, no surprises.
Pre-purchase contract & Section 32 review (for buyers) or Section 32 preparation (for sellers)
Title, plan and council/rates searches, water authority enquiries, planning/overlay checks
Owners corporation certificate order/review where applicable (apartments/townhouses)
Stamp duty & concession guidance, settlement figures and adjustments
Liaison with your agent, lender and the other side’s conveyancer/solicitor
Digital settlement coordination (PEXA) and post-settlement confirmation
Plain-English updates at each milestone
Yes. Send us the Contract of Sale and Section 32 before you sign. We’ll flag risks, explain the fine print in plain English, and advise on amendments or special conditions (e.g., finance/building clauses, settlement date changes) so you can proceed with confidence.
Most contracts settle in 30, 60 or 90 days. Timing depends on what’s agreed in the contract, your finance approval, and any special conditions (e.g., building/pest). We drive the process, keep everyone aligned, and let you know if anything could affect your settlement date.
Reservoir offers a mix of affordability, space, and community atmosphere. It has large blocks, leafy streets, and is close to the city (about 12 km), while also providing easy access to schools, shops, and recreation. Its affordability compared to inner-north areas is a key drawcard.
Reservoir locals enjoy Edwardes Lake Park, Darebin Creek trails, and sporting facilities. Shopping is available at Edwardes Street, Broadway, and Reservoir Village, with larger centres like Northland nearby. The suburb also has a growing café and dining culture.
Yes. Some parts of Reservoir are affected by heritage overlays on older homes and environmental overlays near creeks and parklands. Medium-density zoning applies along transport corridors, encouraging townhouse and apartment projects. Buyers should confirm with the City of Darebin before developing.
Speak with our Reservoir conveyancing team today for a fast, fixed‑fee quote.