2/25 Olive StreetReservoir VIC 3073
Property Details for 2/25 Olive St, Reservoir
2/25 Olive St, Reservoir is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 155m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (May 2024)
* Set Negotiation - offers close Wednesday, 3rd April at 5pm *
Get a head start on the market with this two-bedroom home, which offers an excellent opportunity to jump aboard the property ladder and unpack in something affordable and desirable.
Perfectly placed for an absolute ease of life, it is just a short walk from Edwardes Lake Park, the bus, and all the delights of Edwardes Street as it makes its way to Reservoir station for an easy trip to town.
A generous eat-in kitchen partners with a spacious lounge filled with northern sunlight to create spaces for easy living and entertaining. They are complemented by a rear courtyard that stretches the width of the home and blends no-mow turf with a paved area for relaxed entertaining with very little maintaining.
* Robes to both bedrooms
* Ducted heating
* Central bathroom
* Separate toilet
* Laundry with storage
* Single car garage
* Walk everywhere location
* Scope for cosmetic value-adding enhancements over time
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 2/25 Olive St, Reservoir, VIC 3073
- 16 Mar 2024Sold for $615,000
- 04 Mar 2024Listed for Sale SOLD - $615,000
- 13 Feb 2018Listed for Rent $330 / week
Recent sales nearby
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0About Reservoir 3073
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 28,942 properties. Over the last 5 years, Houses in Reservoir have seen a 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:
- The median value for Houses in Reservoir is $996,610 while the median value for Units is $637,650.
- Houses have a median rent of $550 while Units have a median rent of $520.
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