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