OFF MARKET

7 Wellman Street
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 343m2
Land area: 893m2
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Property Details for 7 Wellman St, Reservoir

7 Wellman St, Reservoir is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2023. The property has a land size of 893m2 and floor size of 343m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2023
Floor Size
343m2
Land Size
893m2
Local Government
Darebin
Lot/Plan
1571/LP8482

Last Listing description (November 2022)

**SOLD BY HARRY KONTOSSIS 0419 337 719**

SALE BY SET DATE TUESDAY 1ST MARCH AT 6:00PM PRIOR OFFERS CONSIDERED

This most appealing brick veneer family home offers all the space and comfort and is set on a huge well kept garden allotment of approx. 900m2 with easy access to parklands from the rear.

Situated in the ever popular and well established "Merrilands" Estate within close proximity to schools, public transport, shopping, Western Ring Road (etc.).

Perfect in design and presentation, this home comprises of 3 excellent bedrooms, large living area and dining, tassie oak kitchen adjacent informal meal area impressive hardwood flooring, cooling/heating throughout and central bathroom.

Includes excellent outdoor undercover entertainment area, ample outdoor storage, carport and garage.

Land 900m2 approx.

Conjunctional Agent:
Ian Reid Vendor Advocates
First Floor, 129 Lower Plenty Road, Rosanna
9430 0000
www.ianreid.com.au

Property History for 7 Wellman St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,005,000
01 Mar 2022
  • 01 Mar 2022
    Sold for $1,005,000
  • 25 Jan 2022
    Listed for Sale $950,000 - $1,030,000
  • 15 Dec 2014
    Sold for $560,000
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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 28,202 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 181 properties listed for sale, and 60 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1025 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.