Reservoir and Fawkner are two of Melbourne’s strongest value investment suburbs. Both sit under $900,000 for a median house and deliver yields well above inner-suburb benchmarks.
Median Price Comparison
| Metric | Reservoir | Fawkner |
|---|---|---|
| Median House Price | $920,000 | $820,000 |
| Median Unit Price | $480,000 | $430,000 |
| House Yield | 3.1% | 3.6% |
| Unit Yield | 4.4% | 5.0% |
| 5-Year Growth | 28% | 24% |
| GeeVee Score | 7.9/10 | 7.3/10 |
Which Suburb Is Better for Yield?
Fawkner wins on yield across both houses (3.6% vs 3.1%) and units (5.0% vs 4.4%) at a lower entry price. For investors prioritising cash flow over capital growth, Fawkner is Melbourne’s strongest value proposition under $850,000.
Frequently Asked Questions
Is Fawkner better than Reservoir for investment?
For yield: yes. For capital growth: Reservoir wins (28% vs 24% over five years). Reservoir has stronger gentrification momentum as Preston and Coburg premiums push buyers further north.
What is Reservoir’s blocks of units market like?
Reservoir has the highest concentration of blocks of units in inner-north Melbourne, with typical yields of 6.1-7.9% on multi-dwelling assets priced between $1.9m and $4.2m.
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