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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 $1,365,000 and this has changed 6.22% over the past year and changed 21.87% over 2 years.

The median rent in Patterson Lakes for houses is $700 per week and the median rental yield is 2.66%. Stock on the market for houses/townhouses has changed 26.32% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $572,500 and this has changed -0.44% over the past year. The average unit takes 101 days to sell and the median rent for a unit in Patterson Lakes is $515 per week, producing a rental yield of 4.67%.

Supply & Demand in Patterson Lakes, Kingston

0.64%

Current vacancy rate


22

Rental stock available


7,561

Population


13.91%

Rental population


0.68%

Current vacancy rate


476

Rental stock available


151,389

Population


22.80%

Rental population


0.87%

Current vacancy rate


26,641

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 $1,365,000 $797,500 $572,500
Median price change - last quarter 0.55% 8.50% 2.41%
Median price change - 1 year 6.22% 4.24% -0.44%
Median price change - 2 years 21.87% 17.27% 14.61%
  House Townhouses Units
Median weekly rent $700 $570 $515
Median yield % 2.66% 3.71% 4.67%
Median rent change - 1 year 4.47% 7.54% 14.44%
  House Units
Previous month sales 1 0
Stock on market previous month 48 12
Stock variance vs. last year 26.32% 0.00%
Average days on market 84 101

Patterson Lakes investment property listings

Showing 5 of 59 investment properties found in Patterson Lakes on realestateinvestar.com.au

11 Seafarer Ct, PATTERSON LAKES

$2,300,000

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House

VIC 3197


32 North Shore Dr, Patterson Lakes

$1,500,000

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Absolute Waterfront Living with Stunning Views & Deep Water Moor

Expressions of Interest: Tuesday 7th May at 2:00pm Discover the ultimate in waterfront living with this impressive three bedroom, two living zone residence, located for lifestyle in the prestigious North Shore gated estate. Boasting sweeping views across the Patterson River and gate access to the ...

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Townhouse

VIC 3197


32 The Pkwy, Patterson Lakes

$1,350,000

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Immaculate Family living in a Parkside Location

Families will be drawn to the beautiful interiors of this light-filled home that boasts a fabulously leafy position backing onto Harbour Town Park & playground. Well presented with plush carpet and quality hardwood floors, this is a home that delivers space both inside and out along with a ...

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VIC 3197


14 Beachcomber Ct, Patterson Lakes

$3,500,000

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Award Winning Luxury Waterfront Haven

Experience the epitome of waterfront living nestled in a cul-de-sac in Patterson Lakes' most prestigious location, on the main canal. Winner of the HIA award for best renovation*, this luxurious retreat boasts unparalleled opulence and sophistication. As you step inside, a spacious hallway bathed ...

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VIC 3197


23 Gladesville Blvd, Patterson Lakes

$1,370,000

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An Enviable Lakeside Lifestyle

Right on the banks of peaceful Lake Legana, setting the scene for endless summer fun, this superbly spacious single level home radiates a certain European style that will prove irresistible for many. Beyond an auto gated driveway, a long porch provides protection from the weather and gives way to ...

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VIC 3197


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