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
3/3 Canberra St, Patterson lakes 3 Townhouse (Res) Auction Sale 14/07/2018 Buxton

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

Median Sale Price

$773k

Metro Melbourne

$840k

Quarterly Price Change

-13.2%

Metro Melbourne

-0.6%

Median Rent

$515

Metro Melbourne

$440

Rental Yield

3.1%

Metro Melbourne

2.8%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.5%
Days on Market 28 35
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $900,000
3 Bedrooms $733,250 $740,000
4 Bedrooms $985,500 $865,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $451
3 Bedrooms $495 $410
4 Bedrooms $520 $465

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

Median Sale Price

$558k

Metro Melbourne

$595k

Annual Price Change

0.5%

Metro Melbourne

4.2%

Median Rent

$410

Metro Melbourne

$420

Rental Yield

3.8%

Metro Melbourne

3.7%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.5%
Days on Market 28 35
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $550,000 $570,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $360
2 Bedrooms $405 $430
3 Bedrooms n/a $510

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