17 Pedersen AvenueReservoir VIC 3073
Property Details for 17 Pedersen Ave, Reservoir
17 Pedersen Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 535m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (July 2026)
Positioned in a quiet and convenient location close to shops, schools and public transport, this elevated brick residence presents an outstanding opportunity for families, first-home buyers, renovators and investors alike. Comfortable and immediately liveable, it offers the flexibility to move straight in and enjoy today while updating and enhancing over time to create an exceptional family home or rewarding investment.
Set on a generous allotment and enhanced by the rare advantage of dual street frontage, the home combines character, space and untapped potential. Behind its classic façade lies a practical floorplan featuring three generous bedrooms, spacious living and dining areas, beautiful hardwood timber floors and a huge kitchen and meals area that forms the heart of the home.
Whether you're looking to modernise gradually, undertake a comprehensive renovation or simply add value over time, the solid construction and generous proportions provide the perfect foundation. Buyers can retain the home's existing charm while transforming it into a contemporary residence tailored to their own style and needs.
Outside, established gardens, attractive terrazzo paving and valuable rear access to a substantial garage/workshop further enhance the property's appeal. The elevated position and peaceful street setting create an ideal environment for families, while the dual frontage provides flexibility and future possibilities rarely found in today's market.
For renovators, tradies and investors, opportunities like this are becoming increasingly difficult to secure. Combining a sought-after location, solid construction, generous proportions and genuine value-add potential, this is a property where vision and effort can be richly rewarded.
Features:
• Rare dual street frontage
• Rear access to substantial garage/workshop
• Three generous bedrooms
• Spacious living and dining zones
• Huge kitchen and meals area
• Hardwood timber floors
• Attractive terrazzo paving
• Established gardens
• Move straight in and renovate at your own pace
• Exceptional value-add potential
• Scope to create a stunning family home
• Ideal for families, renovators and investors
• Close to shops, schools and public transport
A home you can comfortably enjoy from day one, with endless scope to enhance, modernise and add value over time. Whether you're searching for the perfect family home, a rewarding renovation project or a smart investment, this is an opportunity to secure today and reap the rewards for years to come.
Property History for 17 Pedersen Ave, Reservoir, VIC 3073
- 01 Jul 2026Sold for $745,000
- 11 Jun 2026Listed for Sale $695,000 - $760,000
- 29 Nov 2021Listed for Rent $350 / week
Recent sales nearby
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0About 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 28,990 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
- The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
- Houses have a median rent of $590 while Units have a median rent of $530.
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