Suburb profile · ABS Census 2021
Reservoir suburb profile
Reservoir, VIC · Postcode 3073
This Reservoir suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Reservoir, VIC (postcode 3073). Use it as a free suburb report covering population, median rent, household income, age, housing tenure and employment, plus how those figures changed since Census 2016— then compare Reservoir with nearby suburbs.
Reservoir at a glance
Population
51,096
Median rent
$360/wk
Household income
$1,541/wk
Median age
38
Reservoir trends (2016 → 2021)
Change since the previous Census. Historical figures are mapped from State Suburbs (SSC) to today's suburb boundaries.
Population
Census 2011 → 2016 → 2021
+8% over 10 years
Population
51,096
was 50,474 in 2016
+622 · +1.2%
Median rent
$360/wk
was $312/wk in 2016
+$48 · +15.4%
Household income
$1,541/wk
was $1,197/wk in 2016
+$344 · +28.7%
Median age
38
was 37 in 2016
+1 · +2.7%
Dig deeper: Reservoir population growth · Reservoir then and now
Reservoir vs nearby & Greater Melbourne
Median Census 2021 figures for Reservoir, nearby suburbs (8), and the Melbourne metro median (suburbs with 1,000+ people).
Rent
-7.8% vs area
- Reservoir$360/wk
- Nearby$391.5/wk
- Melbourne$390.5/wk
Household income
-20.4% vs area
- Reservoir$1,541/wk
- Nearby$1,907.5/wk
- Melbourne$1,936.5/wk
Median age
-2.6% vs area
- Reservoir38
- Nearby37
- Melbourne39
Personal income
-12.2% vs area
- Reservoir$741/wk
- Nearby$957/wk
- Melbourne$843.5/wk
Nearby uses the same postcode first, then larger suburbs in VIC. See Melbourne rankings.
Socio-economic profile
How Reservoir compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Reservoir sits around the national middle for socio-economic advantage. It shows limited economic resources.
Relative disadvantage (IRSD)
Decile 3976.6
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 6987.9
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 2946.9
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 71,014.9
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Reservoir on the map
OpenStreetMap outline for Reservoir, VIC.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Reservoir people
- Population
- 51,096
- Median age
- 38
- Born overseas
- 35.5%
- Average household size
- 2.4
Total usual residents (Census 2021)
Median age of residents in years
Percentage born outside Australia
Average number of people per household
Reservoir income
- Median household income
- $1,541/wk
- Median personal income
- $741/wk
Median total weekly household income
Median total weekly personal income
Reservoir housing
- Median rent
- $360/wk
- Median mortgage repayment
- $1,986/mo
- Separate houses
- 57.6%
- Flats & apartments
- 3.5%
- Owned outright
- 28.2%
- Mortgaged
- 26.5%
- Rented
- 33.2%
- Unoccupied dwellings
- 8.8%
Median weekly rent for rented dwellings
Median monthly mortgage repayment
Percentage of dwellings that are separate houses
Percentage of dwellings that are flats or apartments
Percentage of dwellings owned without a mortgage
Percentage of dwellings with a mortgage
Percentage of dwellings rented
Percentage of private dwellings unoccupied on Census night
Reservoir work
- Employment to population
- 56.5%
- Unemployment rate
- 5.9%
- Year 12 or above
- 61.8%
Employed persons as a percentage of population aged 15+
Unemployed persons as a percentage of the labour force
Percentage with Year 12 or equivalent as highest school level
Nearby suburb profiles (near 3073)
Compare Reservoir with nearby suburbs
Reservoir in numbers
Reservoir had 51,096 residents at the 2021 Census, making it the 6th most populous suburb or locality in VIC out of 2,835. The median age is 38, 7% below the typical VIC suburb. The average household has 2.4 people. 35.5% of residents were born overseas.
Among occupied homes, 28.2% own their home outright, 26.5% are paying a mortgage, 33.2% rent. Separate houses make up 57.6% of dwellings, with 3.5% in flats or apartments. Median rent was $360/wk, 3% above the typical VIC suburb.
Median household income was $1,541/wk, 13% below the typical VIC suburb. The unemployment rate on Census night was 5.9%. 61.8% of adults had completed Year 12 or above. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 3 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 1.2% (from 50,474 to 51,096). Median rent moved from $312/wk to $360/wk (+15.4%).
Reservoir suburb FAQs
- What is the median rent in Reservoir, VIC?
- The median weekly rent in Reservoir was $360/wk at the 2021 Census (ABS).
- How many people live in Reservoir, VIC?
- Reservoir had 51,096 residents at the 2021 Census, up 1.2% from 2016.
- What is the median household income in Reservoir?
- Median household income in Reservoir was $1,541/wk at the 2021 Census.
- Do most people rent or own in Reservoir?
- 33.2% of occupied homes in Reservoir were rented, 28.2% were owned outright and 26.5% were owned with a mortgage.
About this Reservoir suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Reservoir (Vic.). Where shown, 2016 values come from the 2016 State Suburbs (SSC) profile, linked via ABS geographic correspondence — boundaries are not always identical. Medians may be suppressed for very small areas. This is not financial or relocation advice — use it alongside current market data.
Source: ABS Census 2021. Methodology · Richest suburbs in Melbourne