181 Spring St, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 390m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
On a generous corner block surrounded by established gardens, this classic mid-century standalone home provides an idyllic entry into one of Reservoir's most sought-after pockets. With its quality enhancements, perfect presentation, and abundance of natural light throughout, this residence sets the stage for a delightful lifestyle. The home's immediately impressive interior comprises two bedrooms (large master) both complemented by a contemporary-style central bathroom. Add to this a dedicated study/home office and an open plan living space leading through to the kitchen/meals area complete with soft-close cabinetry, ample cupboard space, stainless steel cooking appliances and dishwasher. Indulge in the cosy ambiance created by the gas log fire heating or enjoy the comfort of the split-system air conditioning. Solid timber floors add a touch of elegance, while the concealed laundry facilities ensure convenience. The outdoor areas are an entertainer's dream with an abundance of space to host social gatherings in the north-facing courtyard, as well as a Tuscan inspired patio and a large fully private front yard. A short stroll to the open spaces of Crispe Park, Regent Station and local buses (on Spring Street) zoned to Preston High School & Reservoir West Primary School, easy access to Edwardes Street and High Street cafes, shops, and the culinary delights of Preston Market.
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of 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 28,935 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:
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