Profile for Patterson Lakes

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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.

Recent Sales & Auction Results in Patterson Lakes

Address Price Type Method Sale Date Agent
Property List
16 Curlew Point Dr, Patterson lakes 4 House (Res) Auction Sale 13/04/2019 Buxton

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$955k

Metro Melbourne

$797k

Quarterly Price Change

13%

Metro Melbourne

-3.7%

Median Rent

$540

Metro Melbourne

$450

Rental Yield

3.2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 30 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $771,500 $733,000
4 Bedrooms $1,000,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $520 $420
4 Bedrooms $593 $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$619k

Metro Melbourne

$597k

Annual Price Change

7.6%

Metro Melbourne

1.8%

Median Rent

$410

Metro Melbourne

$420

Rental Yield

3.4%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 30 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $571,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $410 $440
3 Bedrooms n/a $521

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