Patterson Lakes is located 32 km south-east of the CBD. Patterson Lakes has been one of the faster growing suburbs in Melbourne's south over the past fifteen years. The suburb is based on the Patterson River and features a significant canal network and a number of harbours surrounded by residential areas. Like a number of bayside areas Patterson Lakes has many aged care facilites such as The Patterson Village Retirement Centre and the Illawong Lakeside Retirement Units.
Median data for March Quarter 2024. Click here for details.
Median Sale Price
$1.23m
Metro Melbourne
$929k
Quarterly Price Change
-12.5%
2%
Median Rent
$685
$550
Rental Yield
2.8%
3.1%
$678k
$635k
-1%
0.3%
$525
$520
3.9%
4.3%
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