Coolaroo Reserve is a long linear 2.7 hectare bushland reserve with the western half located in Chatswood and the eastern half in Lane Cove North. Coolaroo Reserve is located within the Lane Cove River catchment area.

Coolaroo Reserve is a relatively small 2.7 hectare bushland reserve that is important for habitat and as a wildlife corridor linking with larger bushland areas in Ferndale, Mowbray and the Lane Cove National Park. Coolaroo Creek runs through the entire length of the reserve, and there is a Bushcare volunteer group working to rehabilitate degraded bushland.

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