Reservoir

VIC 3073 • Greater Melbourne

51,096
Population (2021)
$80,132
Median Household Income
18.97 km²
Area
$360/wk
Median Rent
MulticulturalGentrifyingAffordableInner North

About Reservoir

Reservoir is Melbourne's multicultural northern heartland, a diverse suburb of over 51,000 residents located 12 kilometres from the CBD in Darebin. The South Morang train line provides excellent city access, and the suburb is experiencing significant gentrification while maintaining its working-class character. Streets blend post-war homes with newer developments and an increasing number of cafes and bars.

This is Melbourne's most authentic multicultural suburb—Greek, Italian, and Vietnamese communities have built genuine neighbourhoods here over generations, creating an exceptional food scene along Broadway and High Street. Recent years have seen young professionals and artists arrive, adding craft breweries and third-wave coffee to the established trattorias and bakeries. Reservoir attracts those who value diversity, affordability, and genuine community character over polish.

Reservoir falls under postcode 3073 and is governed by Darebin Council (LGA). For state elections, residents vote in the Preston (Northern Metropolitan) electorate.

📍 Location

State
Postcode
3073
Urban Area
Preston
LGA / Council
Federal Electorate
Type
Major Urban
Timezone
Melbourne (UTC+10)
Coordinates
-37.71°, 145.01°
Statistical Area
Greater Melbourne
Area
18.97 km²
Elevation
91m

🏷️ Property Prices June quarter 2025

Median sale prices in Reservoir for the June quarter 2025. Median sale prices published by the Valuer-General Victoria.

🏡House
$920K
129 sales · ▲ 0.5% YoY
🏢Unit / Apartment
$650K
200 sales · ▲ 3.2% YoY

Source: Valuer-General Victoria — Victorian Property Sales Report. Medians are for the latest quarter; the change shown is the official 12-month movement. Suburbs with very few sales in a quarter can be volatile.

🏠 Housing 2021 Census

Median Rent (weekly)
$360
Median Mortgage (monthly)
$1,986
Avg Household Size
2.4 people
Median Age
38 years

🚌 Transport & Commute

Bus Services

  • Local bus services — Melbourne CBD Varies

Commute to Melbourne CBD

Distance
12 km
By Train
Train access via local station
By Car (Peak)
25-45 min
By Car (Off-Peak)
20-35 min

🛣️ Located 12 km from Melbourne CBD

Walkability Somewhat Walkable

Daily errands can often be done on foot near local shopping strips, but a car is useful for larger trips

🛒 Supermarkets Nearby

  • Coles
    Spring Street Reservoir 3073 VIC

🎓 Schools

🚔 Crime Statistics LGA-wide

These are the latest rates for the Darebin Local Government Area, which contains Reservoir. Rates are per 100,000 residents for the year ending September 2025; trends compare 2 and 10 year periods.

Break & enter (dwelling)
615 / 100k
Motor vehicle theft
625.5 / 100k
Non-FV assault
315.2 / 100k
Robbery (unarmed)
4.9 / 100k
Steal from vehicle
2,084.7 / 100k

Source: Crime Statistics Agency Victoria

🎓 Educational Institution Attending 2021 Census

School Sector Breakdown

👥 Demographics

Census 2016
50,474
Census 2021
51,096
1.2% growth

Population Growth

Gender Distribution (Census 2021)

Personal Income 2016
$28,132
Personal Income 2021
$38,532
37.0% increase

2021 Census income breakdown

Personal = median for one earner. Household = all members of a dwelling pooled. Family = related members only. Annual = weekly × 52.

Personal
$38,532 / yr
$741/wk
Household
$80,132 / yr
$1541/wk
Family
$103,116 / yr
$1983/wk

Personal Income Comparison (2016 vs 2021)

📊 Population: ABS Census 2021
💰 Income: ABS Census 2021

🌍 Country of Birth 2021 Census

Born in Australia 30,143
Born Overseas 18,158

Top Countries of Birth (excl. Australia)

  • 1. Italy 2,812
  • 2. India 1,873
  • 3. China 1,566
  • 4. Greece 1,237
  • 5. Vietnam 999
  • 6. Nepal 690
  • 7. New Zealand 666
  • 8. England 645
  • 9. Lebanon 614
  • 10. Philippines 507

🧬 Ancestry 2021 Census

Top ancestries reported (people may report up to two)

English 9,785
Australian 9,521
Italian 9,475
Irish 3,877
Greek 3,851
Chinese 3,095
Scottish 2,796
Indian 1,896
Lebanese 1,470
Macedonian 1,316

👨‍👩‍👧 Parents' Birthplace 2021 Census

15,671
Both parents born in Australia
26,663
Both parents born overseas
5,825
One parent AU, one overseas

🛐 Religion 2021 Census

Christianity
45.4%
No Religion
33.4%
Islam
6.4%
Hinduism
3.8%
Buddhism
2.8%
Sikhism
0.8%
Judaism
0.1%

📊 Age Distribution 2021 Census

0-4 years
3,105 (6.1%)
5-14 years
4,857 (9.5%)
15-19 years
2,096 (4.1%)
20-24 years
3,132 (6.1%)
25-34 years
9,460 (18.5%)
35-44 years
8,024 (15.7%)
45-54 years
6,424 (12.6%)
55-64 years
5,178 (10.1%)
65-74 years
4,003 (7.8%)
75-84 years
3,075 (6.0%)
85+ years
1,753 (3.4%)

Nearby Suburbs

Frequently Asked Questions

What is Reservoir known for? +

Reservoir is a well-established residential suburb in Darebin, VIC, with a population of approximately 51,096 residents. The suburb is valued for its local schools, parks, and community facilities.

How far is Reservoir from Melbourne CBD? +

Reservoir is approximately 12 kilometres from Melbourne CBD, typically a 20-35 min drive outside peak hours.

Does Reservoir have public transport? +

Reservoir is served by local bus services connecting to the broader VIC network. Nearby train stations provide access to Melbourne CBD.

What is the population of Reservoir? +

According to the 2021 Census, Reservoir has a population of approximately 51,096 residents.

Is Reservoir a good place to live? +

Reservoir offers a practical and liveable lifestyle with local schools, parks, and shopping. With a median income around $46,512, it attracts a broad demographic mix.

What is the postcode for Reservoir? +

The postcode for Reservoir, VIC is 3073.

What is the average income in Reservoir? +

Based on the 2021 Census, the median personal income in Reservoir is about $741 per week (around $38,500 per year). The median household income is $1,541 per week and the median family income is $1,983 per week.

What is the median house price in Reservoir? +

As of June quarter 2025, the median house price is $920,000, up 0.5% year-on-year, and the median unit/apartment price is $650,000, up 3.2% year-on-year. Figures are based on Valuer-General Victoria — Victorian Property Sales Report.

What is the age profile of Reservoir? +

The median age in Reservoir is 38. The largest age group is 25–34 (9,460 residents, around 19%). Around 20% of residents are under 20 and about 17% are aged 65 or older. (2021 Census)

Is Reservoir a safe area? +

Crime statistics are recorded at the Local Government Area level. Reservoir is part of the Darebin LGA — see the Crime Statistics section on this page for the latest recorded offence rates per 100,000 residents, along with 2-year and 10-year trends.

How much is rent in Reservoir? +

In Reservoir, the median weekly rent is $360, and the median monthly mortgage repayment is $1,986 (2021 Census).