micromarkets

Reservoir, VIC 3073

Property data updated July 202651,096 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.

The full Reservoir report

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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.

InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby

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Census · ABS 2021

Who lives in Reservoir?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex30,695 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.6 people / household0.8 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity51%

Chance two random residents were born in different countries

Language diversity40%

Chance two random residents speak different languages at home

Religious diversity34%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Reservoir

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentTop 50%

Median monthly mortgageBottom 48%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Reservoir

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeBottom 30%

Median family incomeBottom 42%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 1.9× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Reservoir

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 14%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Reservoir

13 schools inside Reservoir, plus the closest options around it. Families can choose from 110 primary schools in Reservoir and its surrounds, and 42 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Reservoir13schools in the suburb itself

Primary schools110within 5 km · nearest in suburb

Secondary schools42within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Reservoir · 13Order by
1
Reservoir Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
2
St Gabriel's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
3
St Joseph the Worker SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
4
Reservoir West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
5
Preston Reservoir Adult Community Education - Prace College campusIndependent · Special · Co-ed · Years 6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
6
Maharishi School of the Age of EnlightenmentIndependent · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
7
William Ruthven Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
8
William Ruthven Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
9
Reservoir Views Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
10
Reservoir East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
11
Holy Name SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
12
Reservoir High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
13
Northern School For AutismGovernment · Special · Co-ed · Years U · Within suburb
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 137
14
Preston High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Preston · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
15
Northside Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bundoora · 4.1 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students387Multilingual50%ICSEA Rank50th
16
Sirius CollegeIndependent · Combined · Co-ed · Years Prep-12 · Broadmeadows · 4.1 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students387Multilingual50%ICSEA Rank50th
17
Northcote High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Northcote · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
18
Loyola CollegeCatholic · Secondary · Co-ed · Years 7-12 · Watsonia · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
19
Ivanhoe Girls' Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Ivanhoe · 4.1 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students387Multilingual50%ICSEA Rank50th
20
Ivanhoe Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Ivanhoe · 4.1 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students387Multilingual50%ICSEA Rank50th
21
Our Lady of Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Heidelberg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
22
Preston Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
23
Newlands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
24
St Raphael's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston West · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
25
Preston West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
26
Our Lady of the Way SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kingsbury · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
27
Preston South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
28
Thomastown East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
29
St Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Coburg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
30
Coburg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
31
St Bernard's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Coburg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
32
St Luke's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lalor · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
33
St Damian's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bundoora · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
34
Wales Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
35
St Oliver Plunkett's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
36
St Margaret Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick North · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
37
Pascoe Vale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
38
St Fidelis' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Moreland · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual1%ICSEA Rank50th
39
Coburg West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
40
Brunswick East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
41
St Bernadette's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
42
Rosanna Golf Links Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
43
Pascoe Vale South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale South · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
44
Ivanhoe Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ivanhoe · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
45
St Martin of Tours SchoolCatholic · Primary · Co-ed · Years Prep-6 · Rosanna · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
46
Westgarth Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
47
St Francis of Assisi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mill Park · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
48
Merri Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
49
Mary Immaculate SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
50
Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick East · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
51
Heidelberg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Heidelberg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
52
Fairfield Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fairfield · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
53
Banyule Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
54
St John's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
55
St Vincent de Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Strathmore · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
56
St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alphington · 4.1 km
State RankTop 50%EnglishMathsStudents387Multilingual50%ICSEA Rank50th
57
Fawkner Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fawkner · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
58
Darul Ulum College of VictoriaIndependent · Combined · Co-ed · Years Prep-12 · Fawkner · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
59
John Fawkner Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Fawkner · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
60
Kingsbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kingsbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
61
Preston North East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · East Preston · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
62
St Mark's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fawkner · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
63
St Matthew's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fawkner · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
64
Thomastown Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
65
Thomastown Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
66
Moomba Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fawkner · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
67
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
68
Northern College of the Arts and TechnologyGovernment · Secondary · Co-ed · Years 10-12 · Preston · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
69
East Preston Islamic CollegeIndependent · Combined · Co-ed · Years Prep-12 · Preston · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
70
Thomastown Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
71
Thomastown West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
72
St John's College PrestonIndependent · Combined · Co-ed · Years Prep-12 · Preston · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
73
Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
74
St Clare's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
75
Coburg Special Developmental SchoolGovernment · Special · Co-ed · Years U · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
76
Bell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
77
Coburg High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
78
Norris Bank Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bundoora · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
79
Australian International Academy of EducationIndependent · Combined · Co-ed · Years Prep-12 · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
80
Islamic College of SportIndependent · Secondary · Co-ed · Years 11-12 · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
81
Penders Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
82
Pascoe Vale North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
83
Thornbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
84
Lalor East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
85
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thornbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
86
St John XXIII Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thomastown · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
87
Peter Lalor Secondary CollegeGovernment · Secondary · Co-ed · Years 10-12 · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
88
St Thomas More's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Hadfield · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
89
Lalor Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
90
Lalor Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
91
Coburg North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
92
Mastery Schools VictoriaIndependent · Special · Co-ed · Years 4-9 · Bundoora · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
93
Merriang SchoolGovernment · Special · Co-ed · Years U · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
94
St Catherine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
95
Belle Vue Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glenroy · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
96
Bundoora Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Bundoora · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
97
Campbellfield Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Campbellfield · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
98
Thornbury High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Thornbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
99
Bundoora Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bundoora · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
100
Charles La Trobe P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Macleod West · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
101
Lalor Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
102
St Pius X SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg West · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
103
Holy Spirit SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thornbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
104
Merri-bek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Coburg · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
105
Westbreen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pascoe Vale · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
106
Lalor North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
107
Croxton SchoolGovernment · Special · Co-ed · Years U · Northcote · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
108
Virtual School VictoriaGovernment · Combined · Co-ed · Years Prep-12 · Thornbury · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
109
Waratah Special Developmental SchoolGovernment · Special · Co-ed · Years U · Bellfield · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
110
Rosanna Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
111
Pascoe Vale Girls Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Pascoe Vale · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
112
Antonine CollegeCatholic · Combined · Co-ed · Years Prep-12 · Pascoe Vale South · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
113
Parade CollegeCatholic · Secondary · Co-ed · Years 7-12 · Bundoora · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
114
Macleod CollegeGovernment · Combined · Co-ed · Years Prep-12 · Macleod · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
115
Lalor North Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Epping · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
116
Santa Maria CollegeCatholic · Secondary · Co-ed · Years 7-12 · Northcote · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
117
Concord SchoolGovernment · Special · Co-ed · Years U · Bundoora · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
118
Glenroy CollegeGovernment · Secondary · Co-ed · Years 7-12 · Glenroy · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
119
Northcote Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Northcote · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
120
Findon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
121
Glenroy PrivateIndependent · Combined · Co-ed · Years Prep-12 · Glenroy · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
122
Glenroy Central Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glenroy · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
123
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Northcote · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
124
Mill Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
125
Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Broadmeadows · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
126
Watsonia North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Watsonia North · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
127
Corpus Christi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glenroy · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
128
Dallas Brooks Community Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Dallas · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
129
Strathmore Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Strathmore · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
130
Brunswick North West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
131
St Francis de Sales SchoolCatholic · Primary · Co-ed · Years Prep-6 · Oak Park · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
132
St Peter's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Epping · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
133
St Monica's College - Davisson StreetCatholic · Secondary · Co-ed · Years 7-12 · Epping · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
134
Y Community SchoolIndependent · Secondary · Co-ed · Years 10-12 · Epping · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
135
Broadmeadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Broadmeadows · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
136
Brunswick North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
137
Glenroy Specialist SchoolGovernment · Special · Co-ed · Years U · Glenroy · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
138
Watsonia Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Watsonia · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
139
Mill Park Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
140
Sydney Road Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
141
St Dominic's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Broadmeadows · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
142
Mill Park Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mill Park · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
143
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick West · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
144
Deutsche Schule MelbourneIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
145
Brunswick Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
146
Oak Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Oak Park · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
147
Penola Catholic CollegeCatholic · Secondary · Co-ed · Years 7-12 · Broadmeadows · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
148
Greensborough Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Greensborough · 4.1 km
State Rank—English—Maths—Students387Multilingual50%ICSEA Rank50th
149
Yarra Me SchoolGovernment · Special · Preston · 4.1 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
150
Austin Hospital SchoolGovernment · Special · Heidelberg · 4.1 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Reservoir median house price & rent

Headline price, rent, yield and time on market for Reservoir — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

655kk

↑ +50.0% YoY

Days on marketⓘLast 12 months

flat YoY

SoldⓘLast 12 months

168

↑ +0.5% YoY

Months of supplyⓘLast 12 months

1.1mo

Median rentⓘLast 12 months

$397/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

↓ 1 day YoY

LeasedⓘLast 12 months

260

↑ +0.5% YoY

Gross yieldⓘLast 12 months

3.10%

Annualised

Data confidenceSales sample160StrongLease sample283Strong

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed160 sales · 283 leases

168+0.5%

$655k+0.5%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

Houses · 3 bed160 sales · 283 leases

168+50.0%

$655k+50.0%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

Houses · 4 bed160 sales · 283 leases

168+50.0%

$655k+50.0%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

Units · 1 bed160 sales · 283 leases

168+50.0%

$655k+50.0%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

Units · 2 bed160 sales · 283 leases

168+0.5%

$655k+50.0%

19 days+0d

260+50.0%

$397/wk+50.0%

13 days+1d

3.10%

50/100

Units · 3 bed160 sales · 283 leases

168+0.5%

$655k+50.0%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

All houses

168+50.0%

$655k+50.0%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

All units

168+0.5%

$655k+50.0%

19 days+0d

260+0.5%

$397/wk+50.0%

13 days+1d

3.10%

50/100

Where each segment ranks

Reservoir property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

4/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

4/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Reservoir

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Houses · 2 bed: +50%

Houses · 3 bed: +50%

Houses · 4 bed: +50%

Houses · Total: +50%

Units · 1 bed: +50%

Units · 2 bed: +50%

Units · 3 bed: +50%

Units · Total: +50%

VIC MEDIAN · +36%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Houses · 2 bed168 sales260 leases

−$299/wk

$696/wk

$397/wk

+50%

Typical premium

Houses · 3 bed168 sales260 leases

−$299/wk

$696/wk

$397/wk

+50%

Typical premium

Houses · 4 bed168 sales260 leases

−$299/wk

$696/wk

$397/wk

+50%

Typical premium

Units · 1 bed168 sales260 leases

−$299/wk

$696/wk

$397/wk

+50%

Typical premium

Units · 2 bed168 sales260 leases

−$299/wk

$696/wk

$397/wk

+50%

Typical premium

Units · 3 bed168 sales260 leases

−$299/wk

$696/wk

$397/wk

+50%

Typical premium

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

5 nearby suburbs · 10km · Total unit · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

32 / 100vs VIC

Days on market

18 days▼ −1 day YoY

Median price

$279k▲ +8.0% YoY

Sold (last year)

30▼ −6.9% YoY

Nearby suburb

Demand index

60 / 100vs VIC

Days on market

15 days0 days YoY

Median price

$566k▲ +6.4% YoY

Sold (last year)

64▲ +18.7% YoY

Nearby suburb

Demand index

56 / 100vs VIC

Days on market

19 days0 days YoY

Median price

$420k▲ +10.9% YoY

Sold (last year)

83▲ +1.5% YoY

Nearby suburb

Demand index

97 / 100vs VIC

Days on market

17 days▲ +1 day YoY

Median price

$482k▲ +1.8% YoY

Sold (last year)

462▼ −0.8% YoY

Nearby suburb

Demand index

63 / 100vs VIC

Days on market

19 days▼ −5 days YoY

Median price

$560k▲ +5.5% YoY

Sold (last year)

40▲ +8.0% YoY

Reservoir · this suburb

Demand index

99 / 100vs VIC

Days on market

19 days0 days YoY

Median price

$655k▲ +50.0% YoY

Sold (last year)

168▲ +0.5% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Reservoir against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Reservoir in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

5 peer suburbs · 10km · Total unit

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

19 / 100vs Australia

Days on market

18 days▼ −1 day YoY

Median price

$279k▲ +8.0% YoY

Sold (last year)

30▼ −6.9% YoY

Gross yield

3.29%

Nearby suburb

Demand index

37 / 100vs Australia

Days on market

15 days0 days YoY

Median price

$566k▲ +6.4% YoY

Sold (last year)

64▲ +18.7% YoY

Gross yield

3.72%

Nearby suburb

Demand index

29 / 100vs Australia

Days on market

19 days0 days YoY

Median price

$420k▲ +10.9% YoY

Sold (last year)

83▲ +1.5% YoY

Gross yield

2.70%

Nearby suburb

Demand index

81 / 100vs Australia

Days on market

17 days▲ +1 day YoY

Median price

$482k▲ +1.8% YoY

Sold (last year)

462▼ −0.8% YoY

Gross yield

3.34%

Nearby suburb

Demand index

45 / 100vs Australia

Days on market

19 days▼ −5 days YoY

Median price

$560k▲ +5.5% YoY

Sold (last year)

40▲ +8.0% YoY

Gross yield

3.52%

Reservoir · this suburb

Demand index

50 / 100vs Australia

Days on market

19 days0 days YoY

Median price

$655k▲ +50.0% YoY

Sold (last year)

168▲ +0.5% YoY

Gross yield

3.10%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Severe shortage	1.1	▼ -1.4	15	168	14.0
Balanced	2.7	▲ +1.8	38	168	14.0
Slightly loose	3.4	▲ +1.7	48	168	14.0
Loose	4.0	▲ +1.4	56	168	14.0
Loose	5.3	▲ +3.4	74	168	14.0
Loose	5.5	▲ +4.5	77	168	14.0
Loose	5.6	▲ +3.1	78	168	14.0
Loose	6.6	▲ +3.9	92	168	14.0

median

Rental market

Band	Months of supply left	YoY	Listed	Leased	Per month
Tight	0.4	▼ -1.1	9	260	21.7
Tight	0.5	▼ -1.5	11	260	21.7
National typical	0.7	▼ -1.4	15	260	21.7
Loose	1.3	▲ +0.3	28	260	21.7
Loose	1.5	▲ +0.5	33	260	21.7
Oversupply	2.0	▲ +1.0	43	260	21.7
Oversupply	2.1	▲ +0.8	46	260	21.7
Oversupply	2.5	▲ +1.4	54	260	21.7

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Reservoir — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Reservoir median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Reservoir fell from $526k (Jul 2021) to $521k (Jun 2026) — a 0.9% decline over five years — peaking at $840k between Aug 2021 and Jul 2022. Median house rent went from $267/wk to $348/wk (+30.3%) over the same period. For units, the median sale price fell from $537k to $481k (−10.5%), with rent up from $203/wk to $427/wk (+110.3%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$521k+1.6%

5y median $639kvs last year $513k

Total sales (trailing year)

Jun 2026

358-10.9%

5y median 397vs last year 402

Days on market (trailing year)

Jun 2026

17 days-11

5y median 33 daysvs last year 28 days

Median rent (trailing year)

Jun 2026

$348/wk-29.1%

5y median $337/wkvs last year $491/wk

Total leases (trailing year)

Jun 2026

346-13.5%

5y median 420vs last year 400

Days on market (rental) (trailing year)

Jun 2026

18 days+5

5y median 14 daysvs last year 13 days

Gross yield (trailing year)

Jun 2026

1.85%-0.93 pt

5y median 1.88%vs last year 2.78%

Months of supply

Jun 2026

1.5 months-23.0%

5y median 2.0 monthsvs last year 1.9 months

Months of supply (rental)

Jun 2026

1.3 months-15.7%

5y median 1.3 monthsvs last year 1.5 months

Nearby markets

Suburbs near Reservoir: prices compared

The nearest suburbs to Reservoir, ranked by distance — each lined up against Reservoir on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketReservoirVIC 3073 · Units · Total

Price$655k

DOM19 days

Sold168

5 markets within 5kmLast 12 months

KingsburyVIC 30831.5kmUnits · Total

Price$279k

DOM18 days

Sold30

much cheapersimilar speed

PrestonVIC 30721.8kmUnits · Total

Coburg NorthVIC 30582.7kmUnits · Total

ThomastownVIC 30742.8kmUnits · Total

Price$420k

DOM19 days

Sold83

much cheapersimilar speed

FawknerVIC 30603.0kmUnits · Total

Stat colourHow each suburb's stat compares to Reservoir

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Reservoir

Suburbs anywhere in VIC that behave like Reservoir — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Reservoir vs Pascoe Vale: the closest sales-market match trades at a median of $412k against Reservoir's $655k — about 37% lower, with homes selling in 16 days versus 19 days here.

Colour by

Property

Bedrooms

Market

This marketReservoirVIC 3073Units · Total

Price$655k

DOM19 days

Sold168

Most similar sales markets · within 2.0–8 kmLast 12 months

Pascoe ValeVIC 30444km77% match

Price$412k

DOM16 days

Sold212

Clifton HillVIC 30687km78% match

Price$354k

DOM19 days

Sold29

ThornburyVIC 30713km68% match

Price$512k

DOM17 days

Sold124

FawknerVIC 30602km60% match

Price$569k

DOM16 days

Sold85

SeddonVIC 30118km53% match

Price$539k

DOM19 days

Sold31

Stat colourHow each suburb's stat compares to Reservoir

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Reservoir: Pascoe Vale market trends, Clifton Hill property growth, Thornbury property market, Fawkner median house price and Seddon market trends.

Reservoir's closest rental-market twins: Pascoe Vale (VIC 3044), Fawkner median house price, Seddon (VIC 3011), Thornbury property growth and Clifton Hill property growth. Each link opens that suburb's full market report.

Market data

Frequently asked · Reservoir

26 data-driven answers about Reservoir's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Reservoir?

The median house price in Reservoir, VIC 3073 is $655k as of June 2026, based on 160 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Reservoir?

The median unit price in Reservoir, VIC 3073 is $655k as of June 2026, based on 160 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Reservoir?

The median weekly house rent in Reservoir is $397 as of June 2026, drawn from 283 leases over the past 12 months. Units rent for around $397 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Reservoir?

A 3 bedroom house in Reservoir rents for a median $397 per week as of June 2026, drawn from 283 leases over the past 12 months. Across other house sizes: 2-bedroom $397/week, 4-bedroom $397/week. Unit rents: 1-bedroom $397/week, 2-bedroom $397/week, 3-bedroom $397/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Reservoir?

Gross rental yield in Reservoir is 3.10% for houses and 3.10% for units as of June 2026, compared with the VIC unit median of 3.05%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Reservoir?

As of June 2026, Reservoir medians by bedroom count:

How much is a 3 bedroom house in Reservoir?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$655k	$655k	$655k	$655k
Units	$655k	$655k	$655k	—	$655k

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Reservoir median?

At the median Reservoir house ($655k purchase, $397/week rent), weekly mortgage repayments sit at roughly $696 — about $299 more per week than renting. That gap is the ownership premium. For the median unit ($655k purchase, $397/week rent), repayments run about $696 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Reservoir's property market trends?

Reservoir's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes sell in a median 19 days; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Reservoir market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Reservoir as an investment?

As of June 2026 in Reservoir, house prices rose +50.0% over the year, gross rental yield is 3.10% against a VIC median of 2.15%, houses take a median 19 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Reservoir?

Houses in Reservoir sell in a median 19 days on market as of June 2026, with units clearing slightly similarly at 19 days. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Reservoir a tight or loose property market right now?

Reservoir's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.

Have property prices in Reservoir gone up or down?

House prices in Reservoir moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Reservoir?

Reservoir's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 260 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Reservoir in its property market cycle?

Reservoir's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with flat year-on-year days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Reservoir compare to other VIC suburbs?

Reservoir's median house price ($655k) is 13% above the VIC median ($580k) as of June 2026. On selling speed, houses clear in 19 days vs 19 days state median. On gross yield, Reservoir sits at 3.10% vs 2.15% state median.

How does Reservoir compare to neighbouring suburbs?

Reservoir's most-similar nearby market is Hadfield (3.9 km away) with a median house price of $504k — about 23% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Reservoir?

The most-transacted segment in Reservoir over the 12 months to June 2026 is 2 bed houses with 168 sales. 3 bed houses come second at 168 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Reservoir last year?

Reservoir recorded 168 house sales and 168 unit sales over the 12 months to June 2026 — a combined 336 transactions. On the rental side, 260 houses and 260 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Reservoir in?

Reservoir is in postcode 3073, in the North East Melbourne region of VIC. Addresses there are written as Reservoir, VIC 3073.

What is the population of Reservoir?

Reservoir, VIC 3073 is home to 30,695 residents (ABS Census 2021). The median resident age is 28, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Reservoir?

The median household in Reservoir earns $887 per week — roughly $46k a year (ABS Census 2021). Median personal income runs $464/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Reservoir?

The unemployment rate in Reservoir is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Reservoir?

Reservoir is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Reservoir?

Reservoir has 150 schools within reach, 13 of them inside the suburb itself — including Reservoir Primary School, St Gabriel's School, St Joseph the Worker School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Reservoir a good place to live?

Reservoir, VIC 3073 has a population of 30,695, a median age of 28, a median household income around $887/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Reservoir market data last updated?

This Reservoir market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.