Moving to Reservoir VIC 3073
What the official numbers say about living in Reservoir — before you pack a box.
At a glance
Housing: buy or rent
Budget around $905,000 for a median house or $630,000 for a unit (based on 2024 sales). Sale prices moved up about 67% between 2014 and 2024.
Renting? The census median is $360 a week, against a median household income of $1,541 a week.
About 61% of homes are owner-occupied and 37% rented, and the most common dwelling type is the house.
Who you'll be living with
Reservoir grew 7% between the 2011 and 2021 censuses (47,842 → 51,096 people).
Around 64% of households are families, averaging 2.4 people per home.
Largest overseas birthplaces: Italy, India, China; most spoken languages besides English: Italian, Greek, Arabic.
On the ABS advantage scale (SEIFA), Reservoir scores a little above the national average (decile 6 of 10).
The commute
The most common way to work is by car (58% of workers), while 33% work from home.
Nearest train station: Reservoir, 450 m south-west.
Nearest tram stop: Stop 55: Albert Street, 1.7 km south-east.
Nearest bus interchange: Northland Shopping Centre, 3.3 km south-east.
Nearest airport: Essendon Fields Airport, 9.8 km west.
The Melbourne CBD is roughly 12 km away in a straight line.
Daily life
Mapped locally so far: 67 schools · 90 cafes & restaurants · 17 supermarkets · 64 parks — see them all on the Reservoir profile.
What's actually nearby
Schools: Reservoir Primary School 450 m · St Gabriel's Primary School 650 m · St Stephen's Primary School 800 m · Reservoir East Primary School 1.3 km · Maharishi School 1.3 km · Reservoir Views Primary School 1.4 km · Reservoir High School 1.9 km · Preston Primary School 1.9 km
Groceries: Paradise Food City 350 m · One Way Fresh Supermarket 350 m · Magid Supermarket 350 m · IGA 500 m · Seven Days Food Store 2 km · Coles 2 km · ALDI 2 km · Pickles and Spices 2.1 km
Parks and reserves: Cheddar Road East Linear Reserve 400 m · T.W. Andrews Reserve 750 m · Whitby Reserve 850 m · Howard Mendip Reserve 850 m · Mccrae Street Reserve 850 m · Fyfe Street Reserve 900 m · Ruthven Linear Reserve 900 m · Strathmerton Street Reserve 950 m
What you'll see in the garden
Birds recorded around Reservoir, most often seen first: Rainbow Lorikeet · Noisy Miner · Little Raven · Common Myna · Red Wattlebird · Magpie-lark.
How the neighbours compare
The suburbs nearest to Reservoir, side by side.
| Suburb | People | Median house | Advantage | Canopy |
|---|---|---|---|---|
| Reservoir here | 51,096 | $905,000 | 6/10 | 4% |
| Kingsbury | 3,460 | $862,500 | 5/10 | 6% |
| Preston | 33,790 | $1,185,000 | 8/10 | 4% |
| Thomastown | 20,234 | $720,000 | 2/10 | 3% |
| Fawkner | 14,274 | $780,000 | 3/10 | 5% |
| Heidelberg West | 5,252 | $797,000 | 2/10 | 7% |
| Coburg North | 8,327 | $1,071,000 | 8/10 | 10% |
Before you move — quick checklist
- Your council will be Darebin — bins, rates, pets and permits live there.
- You'll vote in the federal electorate of Cooper — update your enrolment address.
- The postcode is 3073 — handy for utility sign-ups and quotes.
- Check street-level details on the full Reservoir profile (map, streets, amenities, wildlife).
In short
A house in Reservoir has a median sale price of $905,000 (2024 sales), and a unit $630,000. Renters pay a median $360 a week, and about 37% of homes here are rented.
The population grew 7% between the 2011 and 2021 censuses, from 47,842 people to 51,096. It sits about 12 km from the Melbourne CBD in a straight line, and Reservoir station is roughly 0.4 km away. Local government is Darebin council, and the federal seat is Cooper.
Weighing up alternatives?
Side-by-side: Reservoir vs Preston · Reservoir vs Thomastown.
Nearby guides: Kingsbury · Preston · Thomastown · Fawkner · Heidelberg West · Coburg North.
Keep an eye on Reservoir
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