7 Nicholson Avenue, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

7 Nicholson Avenue
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 364m2
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Property Details for 7 Nicholson Ave, Reservoir

7 Nicholson Ave, Reservoir is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 364m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1960
Floor Size
115m2
Land Size
364m2
Local Government
Darebin
Lot/Plan
91/LP11063

Last Listing description (October 2026)

Set high on the street with an unmistakable presence, 7 Nicholson Avenue is a brand-new architectural residence spanning over 25 squares and delivering a level of scale, craftsmanship and luxury rarely seen in Reservoir. From its striking rendered facade and seamless raked garage integration to its grand proportions and bespoke interior detailing, this is a home designed to make an impression from the moment you arrive.

Inside, an extraordinary sense of volume immediately takes hold, with grand six-metre cathedral ceilings defining the main living spaces and eight skylights positioned throughout the home drawing natural light deep into the interiors. Herringbone engineered timber flooring brings warmth and sophistication underfoot, while full woven carpets in the bedrooms create a softer sense of comfort. Three-metre custom solid doors and beautifully detailed cabinetry continue the home's considered architectural language, complemented throughout by custom Northcote Antique Brass tapware.

At the heart of the residence, the expansive kitchen, meals and living zone forms a spectacular centrepiece for everyday living and entertaining. The full island bench is wrapped in luxurious Santorini Gold marble and paired with seamless undermount sinks, a fully integrated Smeg dishwasher and premium Smeg induction cooktop. A dedicated butler's pantry provides additional preparation and storage, while bespoke cabinetry ensures every element remains beautifully integrated. Above, the pitched cathedral ceiling and surrounding skylights create an extraordinary sense of space and keep the entire living zone bathed in natural northern light.

An integrated fireplace provides a sophisticated focal point to the main living area, bringing warmth and atmosphere to the expansive space and creating an inviting setting for relaxed evenings. Beyond the main living zone, two separate formal living areas provide flexibility for entertaining, family living or quiet retreat, while a secondary study positioned near the bedroom accommodation offers a practical space for working or studying from home.

Four generous bedrooms provide exceptional accommodation, each benefiting from large windows and full woven carpets. The master suite offers a luxurious private retreat with a beautifully appointed ensuite, while the three additional bedrooms are fitted with built-in robes and serviced by an impressive central bathroom.

The bathrooms continue the home's unmistakable sense of luxury, featuring striking four-metre double-curved detailing, full-bodied Italian Travertine tiles and luxurious Santorini Gold marble. Northcote Antique Brass tapware and generous double vanities provide a refined finish, with the bespoke detailing creating a boutique, hotel-inspired atmosphere throughout.

Outside, the substantial rear garden delivers the rare combination of entertaining space and usable lawn, with a generous deck creating the perfect setting for gatherings while the grassed area provides plenty of room for children, pets or those with a genuine green thumb. The home's elevated position further enhances its outlook, light and impressive street presence.

Designed for modern comfort as well as visual impact, the home includes refrigerated cooling, ducted heating, double-glazed windows and complete smart home security. A full-size laundry adds everyday functionality, while the secure lock-up garage provides internal access and is complemented by additional off-street parking.

Positioned within a highly convenient pocket of Reservoir, the home is surrounded by local shops, schools, parks, transport and everyday amenities, while providing an impressive private sanctuary away from the pace of everyday life.

7 Nicholson Avenue is far more than a brand-new home. It is an architectural statement defined by exceptional scale, bespoke craftsmanship and luxury at every turn, offering over 25 squares of considered living in one of Reservoir's most convenient settings.

Property History for 7 Nicholson Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$810,000
10 Apr 2021
Listed for Rent
$400/w
04 Aug 2022
  • 26 Aug 2026
    Listed for Sale $1,479,000
  • 18 Mar 2022
    Listed for Rent $600 / week
  • 10 Apr 2021
    Sold for $810,000
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% 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 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 29,136 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 134 properties listed for sale, and 90 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1128 properties were sold in the past 12 months in Reservoir.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.