Download your FREE reports now!

Investment Property Patterson Lakes, VIC, 3197

Suburb Snapshot

Patterson Lakes is a suburb in the Kingston Region of Victoria. Patterson Lakes has a population of 7,561 people and 13.91% of its occupants live in rental accommodation. The median listing price for houses is $1,310,000 and this has changed -6.10% over the past year and changed 1.94% over 2 years.

The median rent in Patterson Lakes for houses is $700 per week and the median rental yield is 2.77%. Stock on the market for houses/townhouses has changed -14.58% compared to last year and the average time to sell a house/townhouse is 95 days.The median listing price for units is $580,000 and this has changed 1.75% over the past year. The average unit takes 74 days to sell and the median rent for a unit in Patterson Lakes is $550 per week, producing a rental yield of 4.93%.

Supply & Demand in Patterson Lakes, Kingston

0.73%

Current vacancy rate


25

Rental stock available


7,561

Population


13.91%

Rental population


0.73%

Current vacancy rate


518

Rental stock available


151,389

Population


22.80%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Patterson Lakes, Kingston

  House Townhouses Units
Median listing price $1,310,000 $820,000 $580,000
Median price change - last quarter -1.48% -4.20% 1.75%
Median price change - 1 year -6.10% 17.14% 1.75%
Median price change - 2 years 1.94% 7.89% -1.28%
  House Townhouses Units
Median weekly rent $700 $580 $550
Median yield % 2.77% 3.67% 4.93%
Median rent change - 1 year 0.00% 8.41% 6.79%
  House Units
Previous month sales 6 3
Stock on market previous month 41 16
Stock variance vs. last year -14.58% 23.08%
Average days on market 95 74

Patterson Lakes investment property listings

Showing 5 of 127 investment properties found in Patterson Lakes on realestateinvestar.com.au

56/117 Mcleod Rd, Patterson Lakes

$720,000

property pic

Marina Penthouse with deep water mooring

Wake up to sweeping marina views and enjoy direct boating access from your own private boat mooring, perfectly positioned within the heart of Patterson Lakes' marina. Situated with a security gated complex, this spacious two-level penthouse captures uninterrupted water views, while walking ...

Get more info on this property
rei

2

rei

2

rei

2

Unit

VIC 3197


14 Ocean Reef Dr, Patterson Lakes

$2,550,000

property pic

Builder's Own Waterfront Masterpiece

Positioned in one of Patterson Lakes' most tightly held waterfront pockets, this immaculate builder's own residence delivers uncompromising quality, expansive living zones and breathtaking water views from every angle. Designed and constructed with long-term comfort in mind, this is a home where ...

Get more info on this property
rei

4

rei

3

rei

2

House

VIC 3197


8 Ibis Ct, Patterson Lakes

$1,985,000

property pic

Single Level. Huge Waterfrontage. Impeccable Views.

Tucked away at the peaceful end of the court, this beautifully presented single-level home sits on an impressive 777sqm (approx.) and showcases an incredible 34 metres (approx.) of waterfrontage, capturing some of Patterson Lakes' most spectacular long-water views.. Purposefully designed for its ...

Get more info on this property
rei

4

rei

2

rei

2

House

VIC 3197


17 Pier One Dr, Patterson Lakes

$2,450,000

property pic

Secure Marina Living with private access out to Port Phillip Bay

**Long Term Mooring Lease** Perfectly positioned on the main canal within a secure, gated marina community, this exceptional residence offers the ultimate lifestyle with your boat moored right at your back door and direct access to Port Phillip Bay just minutes away. Wake each morning to sweeping ...

Get more info on this property
rei

3

rei

3

rei

2

House

VIC 3197


2 Swallow Ct, Patterson Lakes

$1,480,000

property pic

Discover your potential

Perfectly positioned in a peaceful court in the heart of Patterson Lakes, this beautifully presented single-level home offers the ideal blend of comfort, space and lifestyle. Designed with an ideal floor plan, the home features multiple light-filled living areas that overlook the water, creating a ...

Get more info on this property
rei

3

rei

2

rei

2

House

VIC 3197


Navigate to more Suburbs, Regions or States