OFF MARKET

5/25 Olive Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 168m2
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Property Details for 5/25 Olive St, Reservoir

5/25 Olive St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 168m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
168m2
Local Government
Darebin
Lot/Plan
5/RP10954

Last Listing description (August 2023)

Highly sought after but rarely offered, this mid century unit positioned at the rear of a boutique development, flaunts style & space and is drenched in lots of natural light. Freshly renovated, this beautifully presented two bedroom unit would instantly appeal to the first home buyer, investor or down-sizer.

* The meticulously presented interior includes an entrance passageway that flows to an open living room.
* Adjoining is a spacious kitchen and meals domain. The stylish kitchen showcases modern appliances and an abundance of storage beside a fantastic laundry and powder room.

* Sleeping arrangements include two spacious bedrooms each with built in robes and wall mounted heating. Serviced by a contemporary bathroom that incorporates a separate bath & shower.
* The wrap around courtyard includes an outdoor WC and access to a single garage.
* Added highlights include: split system heating cooling, wall mounted heating units, quality window furnishings, external window shutters and floating engineered floors.
* Positioned within a blue chip location, minutes from Edwardes Street shopping village, Edwardes Lake, local schools, public transport and local amenities.

Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 5/25 Olive St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$655,000
29 Jun 2023
Listed for Rent
$550/w
20 Jul 2023
  • 05 Jul 2023
    Listed for Rent $550 / week
  • 29 Jun 2023
    Sold for $655,000
  • 09 Jun 2023
    Listed for Sale Under Contract
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About 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 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% 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 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,582 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.