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.

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$830k

Metro Melbourne

$830k

Quarterly Price Change

-17%

Metro Melbourne

4.5%

Median Rent

$575

Metro Melbourne

$451

Rental Yield

3.4%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 44 33
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $845,000
3 Bedrooms $688,000 $720,000
4 Bedrooms $965,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $550 $430
4 Bedrooms $620 $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$532k

Metro Melbourne

$595k

Annual Price Change

-7.2%

Metro Melbourne

-0.4%

Median Rent

$410

Metro Melbourne

$430

Rental Yield

4%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 44 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms n/a $560,000
3 Bedrooms n/a $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $410 $445
3 Bedrooms n/a $530

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