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Patterson Lakes
VIC, 3197 - Kingston (Vic.)

Thinking about buying in Patterson Lakes? Now could not be a better time, with 4144 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,383,000 with prices in this suburb ranging from $356,000 to $6,453,000. Patterson Lakes is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $477.13
Median Monthly Mortgage $2099.88
Median Persons Per Bedroom 0.74
Average Household Size 2.63
Average Age 48.25
Average Income $794.50
Average Cars Per Dwelling 1.96
Average Properties Within 50M 21

Housing Stock

Average Property Prices

1 Bed  $884,000
2 Bed  $699,000
3 Bed  $1,232,000
4 Bed  $1,790,000
5 Bed  $2,351,000
6 Bed+$3,080,000

Patterson Lakes Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Patterson Lakes ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Patterson Lakes provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Patterson Lakes requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Patterson Lakes we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Patterson Lakes a better buying opportunity than it may have been in the past.

Houses for sale Patterson Lakes

Belle Property UNIT 19, 2-20 GLADESVILLE BVD, PATTERSON LAKES, VIC, 3197 Beds3 Bathrooms2 Parking 1 $650,000
Buxton 30 LORD RODNEY DR, PATTERSON LAKES, VIC, 3197 Beds4 Bathrooms2 Parking 2 $1,090,000 - $1,180,000
Buxton 9 CANBERRA ST, PATTERSON LAKES, VIC, 3197 Beds4 Bathrooms2 Parking 2 $1,600,000 - $1,760,000
Buxton 44 SCHOONER BAY DR, PATTERSON LAKES, VIC, 3197 Beds4 Bathrooms3 Parking 2 $1,700,000 - $1,870,000
Harcourts 37 KURRAWA CR, PATTERSON LAKES, VIC, 3197 Beds3 Bathrooms1 Parking 4 $800,000 - $880,000
Ray White 11 LADY NELSON WALK, PATTERSON LAKES, VIC, 3197 Beds4 Bathrooms3 Parking 4 1330000
Ray White 22 TILLER LANE, PATTERSON LAKES, VIC, 3197 Beds3 Bathrooms2 Parking 2 870000
Ray White UNIT 12, MARINA-PIER 9, 117 MCLEOD RD, PATTERSON LAKES, VIC, 3197 Beds2 Bathrooms2 Parking 1 540000
Stockdale&Leggo 55 MYOLA ST, PATTERSON LAKES, VIC, 3197 Beds4 Bathrooms2 Parking 2 $2,350,000 to $2,550,000

Local Schools

Patterson Lakes Primary School

Patterson River Secondary College

Bonbeach Primary School

Carrum Primary School

Cornish College

Seaford North Primary School

Chelsea Heights Primary School

Chelsea Primary School

St Joseph's School

(While the above schools are located with the suburb of Patterson Lakes there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Patterson Lakes weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.514.22546.186.82.422.2
May1.98.616.855.990.61.88.2
Jun2.57.314.662.7921.96.7
Jul1.97.113.760.489.32.77.3
Aug2.28.115.356.590.82.510.7
Sept2.98.417.249.390.32.614.2
Oct2.510.218.754.389.62.516.7
Nov1.412.823.842.587.42.222

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BonbeachCarrumChelseaChelsea HeightsBangholmeCarrum DownsSeafordEdithvaleAspendale GardensSandhurst

Public Transport


General Points of Interest

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