1/740-748 Wells Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

1/740-748 Wells Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 159m2
Land area: 265m2
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Property Details for 1/740-748 Wells Rd, Patterson Lakes

1/740-748 Wells Rd, Patterson Lakes is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 265m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
2002
Floor Size
159m2
Land Size
265m2
Local Government
Kingston
Lot/Plan
1/PS500399

Last Listing description (April 2014)

This private, wonderfully presented and maintained townhouse offers an enviable and comfortable lifestyle. Ideal as a first home or investment opportunity, this superb home is situated in sought after Patterson Lakes, close to numerous amenities including Patterson River, National Water Sports Centre, wetlands and walking/cycling paths, golf course, Lakeview Shopping Centre with its boutique shopping and cafe's plus local schools and freeways nearby. Features showcased include a covered porch and impressive double entry doors, high ceilings and polished parquetry floors, a granite accented kitchen, two living areas and a minimal-maintenance white-pebbled courtyard. Inspect today!
- Bright and spacious formal living area
- Well-appointed kitchen resplendent with polished granite benchtops, stainless-steel gas cook top, electric oven, rangehood and dishwasher

- Comfortable family and meals area with access to the extensive courtyard with sub-tropical plants
- 3 bedrooms, all with built-in robes and new, luxurious carpet; the master bedroom with private balcony, dressing room and large ensuite
- Family bathroom with separate bath and shower, separate W.C
- Alarm system, gas ducted heating and ducted evaporative cooling
- Fitted laundry, storage under stairs and downstairs W.C
- Remote single garage with internal access and provisional off-street parking

Additional Info:
House Size: 20 squares approx
Age of property: 10 years approx
Heating: Ducted Gas
Cooling: Evaporative
Alarm System: Yes
Council Rates: $1,200 per annum approx
Body Corporate: $200 per quarter
Chattels: All fittings and fixtures as inspected
Deposit terms: 10% of the purchase price
Preferred Settlement: 60/90 days
Potential Rental Return: $420 per week approx
What the vendors love about the house: Walking distance to the river and beach lifestyle

Patterson Lakes Amenities:

Nearest Primary: Cornish College, Patterson Lakes, Edithvale, Chelsea Heights, Haileybury College and Lighthouse Christian College

Nearest Secondary: Cornish College, Patterson River Secondary College, Haileybury College and Lighthouse Christian College.

Nearest Kindergarten: Patterson Lakes Child Care & Kindergarten, Chelsea Heights and Chelsea & Patterson Lakes Childcare & Kindergarten.

Nearest Transport:
Train: Bonbeach, Carrum & Chelsea Train Stations, Frankston & City Loop Lines.

Bus: 708 Carrum Hampton via Southland, 857 Chelsea Dandenong via Patterson Lakes.

Nearest Recreation: National Water Sports Centre, Carrum Beach, Wannarkladdin Wetlands plus numerous parklands and walking tracks.

Other Amenities: Pet Pals Dog Training, Chelsea Car Care Centre, The Cove Hotel, Blu Restaurant Bar Grill, Patterson River Country Club, Fenix GYM, Local Take Away, Mitre10, Dentist, Physio, Chiropractor, 7Eleven, McDonalds, KFC, Frankston Freeway, Eastlink, Parkmore and Westfield Southland Shopping Centre.

Property History for 1/740-748 Wells Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$489,600
07 Jan 2014
  • 07 Jan 2014
    Sold for $489,600
  • 23 Nov 2013
    Listed for Sale $489,600
  • 28 Feb 2003
    Sold for $315,000
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About Patterson Lakes 3197

The size of Patterson Lakes is approximately 4.3 square kilometres. There are 17 parks, covering nearly 11.5% of the total area. The population of Patterson Lakes in 2016 was 7564 people. By 2021 the population was 7793 showing a population growth of 3.0% in the area during that time. The predominant age group in Patterson Lakes is 50-59 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 2021, 79.50% of the homes in Patterson Lakes were owner-occupied compared with 79.40% in 2016.

Patterson Lakes has 4,029 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 5.97% increase in median value, while Units have seen a 8.61% increase. As at 31 July 2026:

  • The median value for Houses in Patterson Lakes is $1,336,796 while the median value for Units is $719,615.
  • Houses have a median rent of $990 while Units have a median rent of $650.
There are currently 23 properties listed for sale, and 7 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Patterson lakes.

Suburb Insights for Patterson Lakes 3197

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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.