ABS 2021 Census · Updated 31 March 2026
Reservoir is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 51,096, making it a significant urban area. Located approximately 12 km from the Melbourne CBD, Reservoir is a middle ring area in Victoria. The median household income is $80,132 AUD per year (ABS 2021 Census).
Household incomes in Reservoir sit in a comfortable mid-range for the Victoria market. Its proximity to the CBD adds a strong location premium.
Map shows Reservoir, Victoria, Australia.
Official Australia Post postcode for Reservoir. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 13 schools within or near this suburb based on ABS 2021 data.
Find schools near Reservoir on My School →Estimated 20 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Reservoir's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $360/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,986/month. The median household income of $80,132/year reflects a solid demographic, supporting sustainable rental demand.
Solid fundamentals in Reservoir support capital growth over a medium to long hold period.
Reservoir can deliver reasonable rental income, though yields are not the primary draw.
Reservoir's established market and growing population make it a viable location for value-add renovations.
Run the numbers on a Reservoir property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Reservoir is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Reservoir remains on the radar of active property investors in Victoria.
Reservoir is a middle ring area in Victoria with a population of 51,096. The median rent is $360/week and the median household income is $80,132/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Reservoir include established amenities and transport access. 58% of dwellings are separate houses. The area has approximately 13 schools and 20 parks nearby.
According to the ABS 2021 Census, Reservoir has a population of approximately 51,096. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Reservoir is approximately 12 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.