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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 $1,310,000 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 3 of 3 investment properties found in Patterson Lakes on realestateinvestar.com.au

30/74-76 Gladesville Blvd, Patterson Lakes

$1,550,000

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Secure Gated Waterfront Living with Private Mooring

Positioned within an exclusive gated waterfront community in one of Patterson Lakes' most tightly held locations, this substantial residence enjoys a rare dual waterfront setting - canal frontage with private mooring access on one side and tranquil river views on the other, delivering a lifestyle ...

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Townhouse

VIC 3197


40/60-68 Gladesville Blvd, Patterson Lakes

$590,000

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Light-Filled Apartment with Water Views and Lifestyle Convenienc

Set within a well-positioned complex, this updated two-bedroom apartment offers low-maintenance living with modern finishes and a lifestyle-focused location close to waterways, parklands and everyday amenities.] The interior has been refreshed with new carpeting throughout, selected for durability ...

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Unit

VIC 3197


11 The Pkwy, Patterson Lakes

$1,200,000

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Entertain in Style with a Bali Hut Alfresco Retreat

Positioned in a sought-after Patterson Lakes pocket, this well-presented home combines comfort, functionality and lifestyle appeal, all within easy walking distance of Harbour Town Park and Patterson River. Freshly painted and enhanced by high ceilings and LED downlights, the home offers a ...

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House

VIC 3197


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