Back 16 Nicholson Avenue
Off Market

16 Nicholson Avenue

Reservoir VIC 3073

4
1
1
698 m²
House
Shane YaminShane Yamin, last sold this property on 02 May 2026 after 28 days on market.

Overview

Exciting Potential In A Prized Location

Exciting potential will impress with this property that's perfectly positioned in such a convenient Reservoir location surrounded by schools, parks, Summerhill Shopping Centre and public transport. This residence offers enormous scope for a complete renovation, knocking down and building your dream home or expanding your investment portfolio with a multi-unit site (STCA). The existing home includes an open plan kitchen, meals and living zone framed by a feature fireplace (electric heater), along with four bedrooms serviced by a family bathroom and laundry. The flat rear yard offers plenty of space for future ideas, with an entertainers deck/pergola, storage shed and side gate access. * Spacious home on a large allotment with endless possibilities for renovation, knock down-rebuild and developing. (STCA) * Four spacious bedrooms serviced by a bathroom and family laundry. * Well-connected location walking distance to Summerhill Shopping Centre, public transportation and local schools. Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Features

4 bedrooms
1 bathroom
1 carspace
698 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 16 Nicholson Avenue is $1.18m.

Median value
$1.18m
Estimated value range
$722k - $2.29m
Median days on market
28
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Nicholson Avenue

2026
Sold
Undisclosed
Auction Sale on 02 May 2026 by Shane Yamin, of Love & Co Real Estate - Reservoir

Happy sellers in Reservoir

88%
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 118 reviews in Reservoir over the last 12 months.

Local market activity for 4 bedroom houses in Reservoir

In the last 12 months, 108 four-bedroom houses similar to 16 Nicholson Avenue, have been sold.

This represents a 26% decrease in four-bedroom houses sales when compared to the previous 12 months.

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