2 Wellman Street, Reservoir, VIC 3073 sold on 05 March 2025 | OnTheHouse
 
SOLD
Sold on 05 Mar 2025 for $990,000

2 Wellman Street
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 226m2
Land area: 804m2
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Property Details for 2 Wellman St, Reservoir

2 Wellman St, Reservoir is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 804m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
226m2
Land Size
804m2
Local Government
Darebin
Lot/Plan
1632/LP8482

Last Listing description (February 2025)

Discover this exceptional property at 2 Wellman Street in the heart of Merrilands estate, one of Reservoir's most sought-after areas. Perfectly located at the edge of Hughes Parade and McFadzen Avenue, this substantial 805 sqm block offers a spacious two-storey home with endless possibilities.

The residence features four generous bedrooms, including a master with an ensuite, along with a central bathroom, multiple living areas, and a huge backyard. The home also has a tandem drive-through garage, multiple parking spaces, and a versatile home office, which is currently set up as a functional salon.
Recently updated to meet modern day living standards, this solid brick home combines comfort and practicality. In addition, the property includes a large shed with annexed rooms, ideal for a mancave or workshop.

With the recently introduced government regulations regarding land subdivision, there's potential to add a granny flat(STCA), making this home even more versatile.

Conveniently situated close to Ruthven Train Station, Edwardes Lake Park, St. Joseph the Worker Primary School, William Ruthven Secondary College, Merri Creek Trail, and the Western Ring Road, this location has easy access to essential amenities, eateries and major routes. This rare opportunity provides ample space and flexibility for you to bring your ideas to life.

Don't miss out on making this versatile gem your own!

For information on due diligence requirements, please visit Consumer Affairs Victoria's website at consumer.vic.gov.au/due diligence checklist. For details regarding our Privacy Policy and Privacy Collection Notice, please refer to https://www.onegrouprealty.com.au/privacy-policy/

Please refer to the contract of sale and vendor statement for any/all material facts. Land size sourced from land.vic.gov.au. This document has been prepared solely for the marketing of this property. While every care has been taken to ensure the information provided herein is accurate, ONE GROUP Realty accepts no responsibility for any inaccuracies. Accordingly, all interested parties should conduct their own inquiries to verify the information, including but not limited to land size.

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Property History for 2 Wellman St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$990,000
05 Mar 2025
Listed for Rent
$600/w
03 Jan 2023
  • 05 Mar 2025
    Sold for $990,000
  • 08 Nov 2024
    Listed for Sale $990,000 - $1,045,000
  • 12 Nov 2022
    Listed for Rent - Price not available
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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 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 28,942 properties. Over the last 5 years, Houses in Reservoir have seen a 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:

  • The median value for Houses in Reservoir is $996,610 while the median value for Units is $637,650.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 114 properties listed for sale, and 66 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1302 properties were sold in the past 12 months in Reservoir.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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