Patterson Lakes, VIC 3197

Patterson Lakes, VIC 3197

Compare Part of Kingston

32.40 km
Distance from CBD
13 k
Population
Median Sale Price
House
$995K
Updated on Aug 2020
2 BR
$610K
3 BR
$852K
4 BR
$1.02M
Unit
$526K
Updated on Aug 2020
1 BR
$270K
2 BR
$490K
3 BR
$650K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$526,000
0.0% $262,500 $1,400,000 111
2010
$627,500
+16.2% $150,000 $2,050,000 130
2011
$580,000
-8.2% $315,000 $1,344,000 110
2012
$615,000
+5.7% $364,000 $2,700,000 118
2013
$632,500
+2.8% $351,000 $1,758,000 132
2014
$670,000
+5.6% $245,000 $2,100,000 148
2015
$737,500
+9.2% $410,000 $4,900,000 102
2016
$785,000
+6.1% $370,000 $2,300,000 105
2017
$895,000
+12.3% $380,000 $3,400,000 102
2018
$970,000
+7.7% $425,000 $3,100,000 88
2019
$902,000
-7.5% $385,000 $2,155,000 115
2020
$935,000
+3.5% $617,000 $2,200,000 37
Median Sale Price
$936K
Based on 80 recorded sales within the last 12 months
Updated on 18 Sep 2020
Suburb Growth
+7.1%
Current Median Price: $936,000
Previous Median Price: $870,000
Based on 174 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$550
Updated on Aug 2020
2 BR
$400
3 BR
$510
4 BR
$615
Unit
$420
Updated on Aug 2020
1 BR
$340
2 BR
$410
3 BR
$450
4 BR
$450
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$430
0.0% $280 $1,000 56
2012
$420
-2.4% $260 $850 57
2013
$480
+12.5% $320 $970 77
2014
$475
-1.1% $350 $900 38
2015
$490
+3.1% $340 $1,200 77
2016
$530
+7.5% $260 $980 70
2017
$530
0.0% $350 $1,600 69
2018
$540
+1.9% $360 $1,000 56
2019
$580
+6.9% $340 $1,500 54
2020
$600
+3.3% $370 $1,600 41
Median Rent Price
$600
per week
Based on 52 recorded rent within the last 12 months
Updated on 18 Sep 2020
Rent Price Growth
+6.7%
Current Median Rent: $600
Previous Median Rent: $560
Based on 110 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $936,000
Current Median rent: $600
Based on 132 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Patterson Lakes

Houses sold in Last 12 months ends 12 Sep 2020

$1.08M

Median Sale Price

65%

Clearance Rate

9/14

Sold/Reported

$2.16M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.2 M - $1.4 M 1
$1 M - $1.2 M
(Median Price Range)
1
$800 K - $1 M 2
$600 K - $800 K 1

Schools closest to Patterson Lakes, VIC 3197

School name Address Type Sector Distance
Patterson Lakes Primary School 130-148 GLADESVILLE BOULEVARDPatterson Lakes 3197 Primary Government 0.28 km
Cornish CollegeTop 100 65 RIVEREND ROADBangholme 3175 Combined Independent 1.99 km
Bonbeach Primary School 29-63 BREEZE STREETBonbeach 3196 Primary Government 1.62 km
Patterson River Secondary College 70 - 98 EEL RACE ROADSeaford 3198 Secondary Government 2.01 km
Carrum Primary School WALKERS ROADCarrum 3197 Primary Government 1.94 km