Australian suburb property profile

Reservoir VIC 3073

Reservoir VIC 3073 recorded a 2026YTD* median house price of $947,509 and a 2026YTD* median unit price of $662,048. Compare price movement, rent, yield, sales evidence and local supply in one profile.

100% data completeness 2 dwelling types have price evidence (houses + units); 2 ranked 18,231 indexed addresses in locality

Last data refreshed: 2026-AUG-12

Prices, rent and market evidence

Observed figures use the latest completed-quarter data available for each dwelling type. A national score appears only when every Rankings confidence rule is met.

Houses

Reservoir Houses Ranked #473 of 15,304 suburbs nationwide

43.1 overall score / 100
Median price 2026YTD* $947,509
Price growth 2026YTD* vs 2025 +0.80%
Median rent Q2 2026 $586/week
Gross yield Q2 2026 3.21%
Sales in 2026YTD* 285
Days on market Q2 2026 38
Stock on Market · Aug 2026 estimate 0.53% (97) listed
Total Houses (2026 estimate) 18,199
Units

Reservoir Units Ranked #138 of 15,304 suburbs nationwide

51.6 overall score / 100
Median price 2026YTD* $662,048
Price growth 2026YTD* vs 2025 +0.77%
Median rent Q2 2026 $530/week
Gross yield Q2 2026 4.16%
Sales in 2026YTD* 288
Days on market Q1 2026 32
Stock on Market · Aug 2026 estimate 0.35% (39) listed
Total Units (2026 estimate) 11,087

Reservoir’s property performance, metric by metric

House signals

Price growth+0.80%
Below average (vs +3.69% house price growth nationally) 2026YTD* vs 2025
Gross yield3.21%
Below average (vs 3.65% yield for houses nationwide) Price and rent: 2026 Q2
Sales volume285 sales
Top 20% (vs 43 house sales per suburb nationally) 2026YTD* sales volume
Market speed38 days
Below average (vs 28 days on market for houses nationwide) Market snapshot: 2026 Q2
Stock on Market0.53% (97) listed
Lower listing supply (vs 0.85% for similar suburbs) Aug 2026 estimate
New Houses Approvals52 approvals (0.4% of the stock)*
Low supply pressure (vs 1.4% median pipeline for similar suburbs) 24 months to Jun 2026
Owner occupation59.8%
Below average (vs 67.2% for similar suburbs) 2021 Census
Household income$1,570/week
Below average (vs $1,777/week for similar suburbs nationwide) 2021 Census
Local Schools1,079
Above average (vs 1,058 ICSEA for suburbs with house data nationally) Latest available school data
Local Crime~8.1k offences per 100k
Higher crime risk (vs 4.9k offences per 100k for similar suburbs) Year: 2025

Unit signals

Price growth+0.77%
Below average (vs +3.42% unit price growth nationally) 2026YTD* vs 2025
Gross yield4.16%
Below average (vs 4.41% yield for units nationwide) Price and rent: 2026 Q2
Sales volume288 sales
Top 20% (vs 18 unit sales per suburb nationally) 2026YTD* sales volume
Market speed32 days
Below average (vs 27 days on market for units nationwide) Market snapshot: 2026 Q1
Stock on Market0.35% (39) listed
Typical listing supply (vs 0.36% for similar suburbs) Aug 2026 estimate
New Units Approvals4 approvals (0.5% of the stock)*
Low supply pressure (vs 0.8% median pipeline for similar suburbs) 24 months to Jun 2026
Owner occupation59.8%
Below average (vs 66.9% for similar suburbs) 2021 Census
Household income$1,570/week
Below average (vs $1,774/week for similar suburbs nationwide) 2021 Census
Local Schools1,079
Middle range (vs 1,060 ICSEA for suburbs with unit data nationally) Latest available school data
Local Crime~8.1k offences per 100k
Higher crime risk (vs 4.9k offences per 100k for similar suburbs) Year: 2025

Townhouse pipeline: 108 approvals in the latest 24 months, equal to 1.5% of estimated townhouse stock — Elevated supply pressure.

* New approvals use the latest rolling 24 months, allocated from the suburb’s dominant SA2 using dwelling-type stock shares and compared with estimated current stock. Townhouses are assessed separately. Approvals are not completions.

Each signal is independently compared with published Australian profiles of the same dwelling type that have that observation. Stock on Market is active sale listings from publicly available sources divided by the selected dwelling-stock proxy, multiplied by 100. An address-based proxy is preferred, with an estimated-stock fallback where needed; houses and units are measured independently. Lower percentages receive higher comparison scores, while missing observations remain unscored. The displayed bar compares published profiles of the same dwelling type and remains independent of formal ranking eligibility. This current snapshot can change quickly: it is neither a rental vacancy rate nor a finding of oversupply. For formally ranked profiles, Best Overall separately includes Stock on Market at a 5% weight within its qualifying formal cohort. New approvals remain a separate pipeline screening indicator, not a finding of oversupply.

What the current data suggests

  • House: Price growth is below the published-profile average. Below average (vs +3.69% house price growth nationally).
  • House: Gross yield is below the published-profile average. Below average (vs 3.65% yield for houses nationwide).
  • House: Sales evidence is above the published-profile average. Top 20% (vs 43 house sales per suburb nationally).
  • House: Listing availability is relatively tight, with 0.53% currently advertised for sale versus a 0.85% national median for published house profiles.
  • House: The recent pipeline is low relative to both absolute and stock-relative thresholds. The 24-month pipeline is 52 approvals, equivalent to 0.4% of estimated current stock. Low supply pressure (vs 1.4% median pipeline for similar suburbs).
  • Unit: Price growth is below the published-profile average. Below average (vs +3.42% unit price growth nationally).
  • Unit: Gross yield sits near the middle of published profiles. Below average (vs 4.41% yield for units nationwide).
  • Unit: Sales evidence is above the published-profile average. Top 20% (vs 18 unit sales per suburb nationally).
  • Unit: Listing availability is near the published-profile middle, with 0.35% currently advertised for sale versus a 0.36% national median for published unit profiles.
  • Unit: The recent pipeline is low relative to both absolute and stock-relative thresholds. The 24-month pipeline is 4 approvals, equivalent to 0.5% of estimated current stock. Low supply pressure (vs 0.8% median pipeline for similar suburbs).

Annual and YTD median-price movement

Changes in the mix and number of properties sold can affect the median. Use the sales counts and live map before drawing a conclusion.

* 2026 year-to-date through Q2. Sales volumes are partial-year totals; median prices use completed-quarter observations.

Household and community indicators

These measures come from different source periods. Their dates are displayed rather than being presented as if they were collected simultaneously.

Owner occupied 59.8% 2021 Census
Below average (vs 67.9% for similar suburbs)
Weekly household income $1,570 2021 Census
Below average (vs $1,766/week for similar suburbs nationwide)
New Houses Approvals 52* 24 months to Jun 2026
Low supply pressure (vs 1.4% median pipeline for similar suburbs)
Best available ICSEA 1,079 Latest available nearby-school context
Above average (vs 1,058 ICSEA for suburbs with house data nationally)
Local Crime Risk 8,110.2 2025 offences per 100,000 population
Higher crime risk (vs 5.6k offences per 100k for similar suburbs)
Social housing 4.8% 2021 Census
Below average (vs 2.1% social-housing share for suburbs with house data nationally)

* Latest rolling 24-month approvals allocated from the suburb’s dominant SA2 using dwelling-type stock shares. Approvals are not completions.

Different datasets have different coverage and update dates.

Price medians, rents, active sale listings, building approvals, Census measures, school context and crime indicators are assembled from separate sources. Stock on Market is a fast-changing share of estimated dwelling stock advertised for sale—not a vacancy rate or proof of oversupply. A ranking score cannot replace comparable-sales analysis, inspection of the local housing stock or professional advice.

Review data sources and methodology
Profile data refreshed 27 August 2026 This profile combines datasets with different publication schedules. Check each metric's period label for its latest available observation. Available observations are shown even when a dwelling type does not meet the confidence rules for a total ranking.

Download the Reservoir data workbook.

Get the available house and unit price history, growth, rents, sales evidence, ranking signals, approvals and local context in one Excel file.

Included suburb data

Quarterly house and unit prices Annual house and unit prices Price growth and suburb rankings Median rents and source-dependent rent evidence volumes Gross rental yields Property sales volume Days on market Supply pipeline pressure and approvals Owner-occupier statistics Household income statistics School statistics and ICSEA Local crime indicators Social housing (Housing Commission)

Source periods differ between metrics. Every sheet keeps its period or definition visible, and blank values are not estimated.

Excel workbook Reservoir VIC 3073
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