12 Olive StreetReservoir VIC 3073
Property Details for 12 Olive St, Reservoir
12 Olive St, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 490m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (August 2024)
For those buyers who have been chasing the dream of a large allotment, a lifestyle location, and a Californian bungalow that they can restyle, reimagine, and renovate to really make it their own, this original home ticks every box and more.
Presented in mostly original condition and packed with potential that is easily matched by its perfect position, it is footsteps to the bus and a 500 m walk to Reservoir Station and all the cafe, dining, shopping, and professional services on offer on Edwardes, High and Spring Streets and Broadway.
Three bedrooms served by the original bathroom and a large lounge stepping through to the kitchen provide the foundations to renovate and extend, blending the classic with the contemporary. (stca) Alternatively, buyers may seek to take full advantage of the proportions and position to build their dream home or explore re-development options! (stca)
* Zoned to Reservoir Primary and Reservoir High Schools
* Footsteps to St Gabriel's Primary
* Gas heating
* A/C unit
* Garage
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 12 Olive St, Reservoir, VIC 3073
- 01 Jun 2024Sold for $885,000
- 13 May 2024Listed for Sale SOLD
- 23 Mar 2013Sold for $505,000
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About Reservoir 3073
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 28,998 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
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