Preston vs Reservoir VIC
Two Victoria suburbs, about 3.1 km apart, side by side — straight from the official numbers.
The numbers
| Preston | Reservoir | |
|---|---|---|
| Population (2021) | 33,790 | 51,096 |
| Median age | 37 | 38 |
| Median house price | $1,185,000 | $905,000 |
| Median unit price | $610,000 | $630,000 |
| Median rent (weekly) | $392 | $360 |
| Owner-occupied | 58% | 61% |
| Family households | 62% | 64% |
| SEIFA advantage (decile of 10) | 8 | 6 |
| Tree canopy | 4% | 4% |
| Population 2011 | 29,720 | 47,842 |
What stands out
Preston's median house price is about 31% above Reservoir's.
Reservoir rents cheaper — $360 vs $392 a week at the census.
Preston ranks higher on the SEIFA advantage scale (decile 8 vs 6).
Growth since 2011: Preston +14%, Reservoir +7%.
In short
On the median house price Reservoir is the cheaper of the two, $905,000 against $1,185,000. The two sit about 3.1 km apart in a straight line, both in Victoria.
Share this comparison: X · Facebook · LinkedIn · or link it: https://suburby.com.au/compare/vic/preston-vs-reservoir