Reservoir, VIC 3073

Property data updated 51,096 residents
Last 12 months snapshot
1,184 sales · 1,641 leases · Refreshed July 2026

Reservoir property market

Activity in Reservoir is split four ways, with unit rentals slightly in front, with 1,128 leases (up 0.6%) at $525 a week (up 1.9%) as of July 2026, renting out in about 22 days (up from 19 days last year), more sought-after than most unit rental markets in Victoria, with more than half being 2-bedroom.

Unit sales follow, with 596 sales (down 8%) at around $664k (up 2.3%), taking about 25 days to sell, one of the country's most in-demand unit markets, with 2-bedroom the most common at around 55%. Rounding it out, 588 house sales at around $951k (up 5.3%), among the most sought-after house markets nationally. 513 house rentals at $595 a week (up 5.3%).

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Reservoir demographics & population

Population
51,096
Median age
38yrs
Avg household
2.4people
Male · Female
49% · 51%
Owner-occupied
Renting
Lone person
Couples, no kids
Born overseas
Year 12+

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

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