Reservoir delivers a gross rental yield of 3.5% for houses and 6.1% for units in 2026 — the highest unit yield of any suburb within 15km of the Melbourne CBD. At a median unit price of $430,000 and median weekly rent of $505, Reservoir units are the strongest cash-flow residential investment in Melbourne’s inner north.
Reservoir Rental Yield Breakdown
| Property Type | Median Price | Median Weekly Rent | Gross Yield |
|---|---|---|---|
| House | $820,000 | $550/wk | 3.5% |
| Unit / Apartment | $430,000 | $505/wk | 6.1% |
| Townhouse | $620,000 | $480/wk | 4.0% |
How Does Reservoir Compare to Neighbouring Suburbs on Yield?
| Suburb | Unit Yield | Median Unit Price |
|---|---|---|
| Reservoir | 6.1% | $430,000 |
| Preston | 4.0% | $520,000 |
| Coburg | 4.2% | $460,000 |
| Brunswick | 3.8% | $530,000 |
| Northcote | 3.5% | $600,000 |
Why Is Reservoir’s Unit Yield So High?
Reservoir’s 6.1% yield reflects the gap between its median unit price ($430,000) and median weekly rent ($505). While neighbouring Preston and Coburg have seen strong price growth pushing yields down, Reservoir’s prices have remained more accessible while rents have grown strongly — creating Melbourne’s best inner-north yield gap.
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