2/1 Olive St, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces.
Positioned in one of Reservoir's most connected pockets, this well-appointed three-bedroom townhouse delivers a functional, low-maintenance lifestyle with all the modern comforts in place.At the heart of the home, a spacious open-plan living and dining area connects seamlessly with the kitchen, creating a versatile space ideal for both everyday living and entertaining. Floorboards throughout enhance the contemporary feel while offering an easy-care environment.The kitchen is both practical and stylish, fitted with stainless steel appliances including a dishwasher, along with ample storage to support a busy lifestyle. Accommodation comprises three generous bedrooms, including a main suite with its own ensuite, while a central bathroom services the remainder of the home with ease. Ducted heating and cooling ensure year-round comfort.Outdoors, a low-maintenance courtyard provides a private setting to relax without the upkeep, completing a home designed for effortless living.Enjoy the convenience of being moments from Reservoir Station, the vibrant shops and cafs along Broadway Shopping Strip, and the open green spaces of Edwardes Lake Park. Nearby schooling options include Reservoir High School and St Gabriel's Primary School.A smart, low-maintenance property perfectly suited to those seeking comfort, simplicity, and convenience.
The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.
Reservoir has 29,148 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
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