Profile for Patterson Lakes

3197

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 June 2020 Quarter. Click here for details.

Median Sale Price

$875k

Metro Melbourne

$865k

Annual Price Change

-8.9%

Metro Melbourne

6.1%

Median Rent

$520

Metro Melbourne

$470

Rental Yield

3.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 66.1%
Days on Market 34.5 39
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $910,250
3 Bedrooms $771,250 $760,000
4 Bedrooms $905,000 $910,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $455 $440
4 Bedrooms n/a $495

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$609k

Metro Melbourne

$630k

Annual Price Change

7.4%

Metro Melbourne

6.4%

Median Rent

$415

Metro Melbourne

$430

Rental Yield

3.5%

Metro Melbourne

3.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 66.1%
Days on Market 34.5 39
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $385,000
2 Bedrooms n/a $591,000
3 Bedrooms $650,000 $785,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $410 $450
3 Bedrooms n/a $525

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