7/740-748 Wells Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

7/740-748 Wells Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 152m2
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Property Details for 7/740-748 Wells Rd, Patterson Lakes

7/740-748 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 152m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Townhouse
Year Built
2002
Floor Size
136m2
Land Size
152m2
Local Government
Kingston
Lot/Plan
7/PS500399

Last Listing description (May 2015)

The pick of the bunch! Enjoy the location of this modern complex with generous land area both in front and rear with easy access to fully gated garden. Presented immaculately with a well-balanced open plan design; featuring an ample modern kitchen, dining/living rooms which flow effortlessly to the spacious north facing veranda - offering easy access to spacious, low maintenance garden. Consisting of: 3 bedrooms on the upper level master bedroom with private ensuite and walk-in-robes, 2 bedrooms with BIR s plus an additional bathroom for easy living. This stunning residence is primly located within easy access to great local schools, Patterson River, parklands, golf courses, shopping, major arterials and iconic beaches. Suitable for first home buyers, astute investors and established families the wait is over Enquire today!
- Gorgeous open plan living/dining areas opening out to alfresco veranda and garden
- Modern kitchen featuring crisp white finishes, stainless steel appliances and an abundance of storage.

- Three-robed bedrooms master bedroom (WIR & PE), modern family bathroom, a downstairs powder room and laundry facilities
- Ducted heating and evaporative cooling, down lights, pendants & plantation shutters
- Low maintenance garden
- Water tank and a single garage
Additional Info:
House size: 22 squares approx.
Heating: Ducted heating
Alarm system: Yes
Council Rates: $1,388 per annum approx
Chattels: All fittings and fixtures as inspected
Deposit terms: 10% of the purchase price
Preferred Settlement: 60/90 days
Potential Rental Return: $470-$500 per week approx
What the vendors love about the house: Low Maintenance in a Boutique Community
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 7/740-748 Wells Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$490,000
30 Dec 2014
Listed for Rent
$380/w
11 May 2010
  • 30 Dec 2014
    Sold for $490,000
  • 29 Nov 2014
    Listed for Sale Under Contract
  • 26 Mar 2010
    Listed for Rent - Price not available
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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 4,028 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 24 properties listed for sale, and 8 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 146 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.