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17 Pedersen Avenue

Reservoir, VIC 3073, Australia
$695,000
3 bed 1 bath 2 car535m²

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Area Price Guide
$653,300$736,700

Indicative price guide range

🏘️
79
Comparable
📊
$780,000
Area median
⚖️
-11%
vs median
📐
$1,299
Per m²
📏
535 m²
Land
🗓️
Today
Listed

Property Insights

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About this property

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 Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $3,369/month
    $1,685 /fortnight
    Loan $556,000 at 6.10% over 30 years

    Upfront costs

    Deposit$139,000
    Stamp duty$36,770
    Conveyancing (est.)$2,000
    Total upfront$177,770
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Land Area
    535m²
    Listed
    Today

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