OFF MARKET

4/740-748 Wells Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 161m2
Land area: 172m2
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Property Details for 4/740-748 Wells Rd, Patterson Lakes

4/740-748 Wells Rd, Patterson Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2002. The property has a land size of 172m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Townhouse
Year Built
2002
Floor Size
161m2
Land Size
172m2
Local Government
Kingston
Lot/Plan
4/PS500399

Last Listing description (October 2016)

This beautifully presented 3-bedroom townhouse has an open plan design and the generous floor plan spans over two levels. Upstairs hosts the master bedroom with adjoining ensuite, walk in robe, and 'Juliet' balcony plus 2 further bedrooms with built in robes and main bathroom. Downstairs is the formal living room, and light-filled family/meals area with reverse-cycle split system air conditioning and boasting richly hued parquetry timber flooring, contemporary kitchen complete with black stone counter tops, crisp white cabinetry, lots of storage and a handy powder room. Enjoy the comforts of ducted heating and a secure alarm system. There are 2 separate undercover courtyards; one with fernery, both with artificial turf, a tool shed and even a 5 hole putting green!
The backyard includes a timber decked area where you can entertain, relax and enjoy the outdoors plus rear access to the single lock up garage. Located within easy walking distance to the Patterson River, National Water Sports Centre and local wetlands, plus easy access to Bonbeach/Chelsea beaches, restaurants, golf courses, local shopping, premier schools as well as transport and major arterials. Enjoy the lifestyle in this highly sought after Bayside locale.

Property History for 4/740-748 Wells Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$555,000
17 Sep 2016
  • 17 Sep 2016
    Sold for $555,000
  • 24 Aug 2016
    Listed for Sale $510,000 - $550,000
  • 29 Sep 2007
    Sold for $365,000
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About Patterson Lakes 3197

The size of Patterson Lakes is approximately 4.3 square kilometres. It has 17 parks covering nearly 11.5% of total area. The population of Patterson Lakes in 2011 was 7,582 people. By 2016 the population was 7,538 showing a population decline of 0.6% in the area during that time. The predominant age group in Patterson Lakes is 40-49 years. Households in Patterson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Patterson Lakes work in a professional occupation. In 2011, 78.3% of the homes in Patterson Lakes were owner-occupied compared with 79.4% in 2016.

Patterson Lakes has 4,032 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 21.63% increase in median value, while Units have seen a 3.97% increase. As at 30 November 2024:

  • The median value for Houses in Patterson Lakes is $1,242,626 while the median value for Units is $644,993.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Patterson lakes.

Suburb Insights for Patterson Lakes 3197

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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.