Patterson Lakes, VIC 3197

Patterson Lakes, VIC 3197

Compare Part of Kingston

32.40 km
Distance from CBD
13 k
Population

Auction Times

Sat 6 Apr
Auction Time Agency
37 Kurrawa Crescent
3 1 4 House
11:30 AM
Sat 6th Apr
Harcourts Dandenong
9 Canberra Street
4 2 2 House
11:30 AM
Sat 6th Apr
Buxton
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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
$629,000
+16.4% $150,000 $2,125,000 130
2011
$580,000
-8.4% $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
$896,000
+12.4% $380,000 $3,400,000 102
2018
$971,000
+7.7% $425,000 $3,100,000 88
2019
$920,000
-5.5% $385,000 $2,500,000 117
2020
$1,019,888
+9.8% $617,000 $2,350,000 71
2021
$1,230,000
+17.1% $635,500 $3,520,000 115
2022
$1,350,000
+8.9% $670,000 $3,000,000 104
2023
$1,300,000
-3.8% $610,000 $2,900,000 93
2024
$1,407,000
+7.6% $510,000 $2,600,000 16
Median Sale Price
$1.3M
Based on 93 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-4.2%
Current Median Price: $1,300,000
Previous Median Price: $1,355,000
Based on 189 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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
$535
+0.9% $360 $1,000 57
2019
$580
+7.8% $350 $1,500 54
2020
$600
+3.3% $370 $1,600 58
2021
$650
+7.7% $350 $1,200 43
2022
$750
+13.3% $400 $1,600 47
2023
$730
-2.7% $450 $1,700 50
2024
$850
+14.1% $550 $1,350 7
Median Rent Price
$785
per week
Based on 41 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+7.0%
Current Median Rent: $785
Previous Median Rent: $730
Based on 91 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,300,000
Current Median rent: $785
Based on 134 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Patterson Lakes

Houses sold in Last 12 months ends 23 Mar 2024

$1.32M

Median Sale Price

82%

Clearance Rate

13/16

Sold/Reported

$2.2M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.8 M - $2 M 1
$1.4 M - $1.6 M 2
$1.2 M - $1.4 M
(Median Price Range)
2
$1 M - $1.2 M 2
$800 K - $1 M 1
$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