Market snapshot

Suburb insights for Patterson Lakes3197

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Patterson Lakes, approximately 35 km southeast of Melbourne's CBD, is built around a network of canals and waterways, offering a unique waterside lifestyle 36 km southeast of Melbourne. With marinas, walking trails, shopping centres, and proximity to the beach, it’s a popular suburb for boat owners, retirees, and families seeking a resort-like feel.

Recent sales and auction results in Patterson Lakes

AddressBedroomsPriceTypeMethodSale DateAgentListing
9 Hatteras Ct, Patterson Lakes4PriceHousePrivate Sale26/06/2026BuxtonView

Sales data

Median sale price
$1.5mil
Quarterly price change
9.8%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsPatterson LakesMetro comparison
2-$950,000
3$967,500$872,000
4$1,435,000$990,000
InsightPatterson LakesMetro comparison
Clearance rate68.8%
Days on market3542

Rental data

Median weekly rent
$750
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsPatterson LakesMetro comparison
2-$600
3-$560
4-$600
Median data for the current quarter
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