Cate Bakos
5.0(419 reviews)
Yarraville, VIC
- qualified property investment advisor
- home finding
- negotiation & auction bidding
Reservoir (VIC 3073): property prices & suburb profile
Darebin LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Reservoir · VIC 3073 · typical house price · 12 months to 2025-Q4
$951,000+67.3%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (545 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$951,000
545 sales over 4 quarters
Typical unit price
$664,000
12 months to 2025-Q4, 706 sales
Sales in the last year
1,251
houses + units
SEIFA advantage decile
6 of 10
Reservoir
Schools in the suburb
13
ACARA registered
Reservoir property prices
The typical Reservoir house sold for around $951,000 in the year to 2025-Q4, +67.3% over 10 years and +20.0% over 5 years.
1Y
3Y
5Y
10Y
Houses
+5.1%
-4.2%
+20.0%
+67.3%
Units
+3.3%
-1.6%
+12.9%
+65.8%
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $510,000 | $370,000 |
| 2014 | $541,000 | $380,000 |
| 2015 | $615,000 | $390,000 |
| 2016 | $707,500 | $430,000 |
| 2017 | $812,500 | $534,000 |
| 2018 | $790,000 | $568,500 |
| 2019 | $754,000 | $558,000 |
| 2020 | $795,000 | $582,000 |
| 2021 | $945,000 | $640,000 |
| 2022 | $940,000 | $630,000 |
| 2023 | $870,000 | $619,500 |
| 2024 | $905,000 | $630,000 |
| Apr 2024 | $915,000 | $630,000 |
| July 2024 | $907,500 | $625,000 |
| Oct 2024 | $895,000 | $657,300 |
| 2025 | $930,000 | $660,000 |
| Apr 2025 | $920,000 | $651,000 |
| July 2025 | $968,500 | $673,800 |
| Oct 2025 | $970,000 | $670,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Reservoir medians by quarter
The most recent quarter on record for Reservoir is 2025-Q4.
Reservoir medians by quarter
| Quarter | Type | Median | Sales |
|---|---|---|---|
| 2025-Q4 | Unit | $670k | 187 |
| 2025-Q4 | House | $970k | 169 |
| 2025-Q3 | Unit | $674k | 183 |
| 2025-Q3 | House | $969k | 153 |
| 2025-Q2 | Unit | $651k | 200 |
| 2025-Q2 | House | $920k | 129 |
| 2025-Q1 | Unit | $660k | 136 |
| 2025-Q1 | House | $930k | 94 |
| 2024-Q4 | Unit | $657k | 169 |
| 2024-Q4 | House | $895k | 157 |
| 2024-Q3 | Unit | $625k | 135 |
| 2024-Q3 | House | $908k | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Reservoir
Reservoir has a median age of 38 and a median household income of $1,541 a week.
Population (Reservoir)
51,096
Median age (Reservoir)
38 years
Median household income (Reservoir)
$1,541/wk
People per square kilometre
2,685
Average taxable income (postcode, 2023)
$69,991
SEIFA advantage decile (Reservoir)
6 of 10
Addresses in the suburb (G-NAF)
31,241
Rooftop solar installs, 12 months (postcode)
231
How Reservoir homes are held
Owned outright
30.9% · 6,267
Owned with a mortgage
29.0% · 5,885
Rented
36.4% · 7,383
Reservoir homes by bedroom count
1 bedroom or studio
6.0% · 1,196
2 bedrooms
34.0% · 6,772
3 bedrooms
44.4% · 8,832
4 bedrooms
12.8% · 2,544
5 or more
2.8% · 558
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)
from income, education, occupation and housing
6 of 10
Relative disadvantage (IRSD)
from low income, low education and unskilled occupations
3 of 10
Economic resources (IER)
from household income, wealth and housing costs
2 of 10
Education and occupation (IEO)
from qualifications and skilled work
7 of 10
- Figures labelled Reservoir are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Reservoir - North East" and postcode 3073 both extend beyond Reservoir.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Reservoir
The 11 schools in Reservoir sit at the 62nd percentile nationally on ACARA's socio-educational index.
Schools located in Reservoir
| School | Sector | Type | ICSEA |
|---|---|---|---|
| Holy Name School | Catholic | Primary | 1,078 |
| Maharishi School of the Age of Enlightenment | Independent | Primary | 1,032 |
| Northern School For Autism | Government | Special | 1,030 |
| Preston Reservoir Adult Community Education - Prace College campus | Independent | Special | 946 |
| Reservoir East Primary School | Government | Primary | 935 |
| Reservoir High School | Government | Secondary | 989 |
| Reservoir Primary School | Government | Primary | 1,070 |
| Reservoir Views Primary School | Government | Primary | 1,034 |
| Reservoir West Primary School | Government | Primary | 1,068 |
| St Gabriel's School | Catholic | Primary | 1,060 |
| St Joseph the Worker School | Catholic | Primary | 1,049 |
| William Ruthven Primary School | Government | Primary | 1,002 |
| William Ruthven Secondary College | Government | Secondary | 977 |
Median school percentile nationally · ICSEA score
Reservoir · 11 schools
62nd · 1034
Darebin LGA
78th · 1078
Melbourne North
68th · 1050
VIC
60th · 1030
Australia
51st · 1008
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Reservoir
Reservoir's typical house price of $951,000 is the highest of the 4 Melbourne North suburbs we cover.
Reservoir: common questions
- How much does a house cost in Reservoir?
- About $951,000 across the 12 months to 2025-Q4, from 545 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Reservoir prices gone up?
- Prices have risen 67.3% over 10 years and moved +20.0% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Reservoir?
- The typical unit price was around $664,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 706 sales.
- Can I see Reservoir prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Reservoir?
- Reservoir has 13 ACARA-registered schools, including Holy Name School, Maharishi School of the Age of Enlightenment, Northern School For Autism, Preston Reservoir Adult Community Education - Prace College campus, Reservoir East Primary School, Reservoir High School.
Get help buying in Reservoir
Buyer's agencies working across the Melbourne region. Compare services and verified client reviews.
New to buyer's agents? See typical fees and how they charge.
Elite Buyers Agents
5.0(363 reviews)
VIC
- Buyers Agent
- Investment Property Advice
- Auction Bidding
Abode Advocacy Group
5.0(240 reviews)
VIC
- Buyers Advocate
- Vendor Advocate
Amy Lunardi Property
5.0(208 reviews)
Fitzroy, VIC
- Buyer Advocacy
- Vendor Advocacy
- Property Education
Property Mavens
5.0(185 reviews)
VIC
- Buyers Agent
- Vendor Advocacy
- Auction Bidding
National Property Buyers
5.0(157 reviews)
Balwyn, VIC
- Buyers Advocate
- Vendor Advocacy
- Property Management
FREE SERVICE
Tell us what you're buying in Reservoir
Answer a few questions and we'll match you with buyer's agents who cover Reservoir and fit your budget and property type.
2-minute process
Data sources
- [1]
- [2]
- [3]
- [4]
- [5]
- [6]
This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.