OFF MARKET

10 Scarborough Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 127m2
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Last updated 16 Dec 2024
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Property Details for 10 Scarborough Dr, Patterson Lakes

10 Scarborough Dr, Patterson Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2000. The property has a land size of 127m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Townhouse
Year Built
2000
Floor Size
157m2
Land Size
127m2
Local Government
Kingston
Lot/Plan
725/PS337700

Last Listing description (June 2017)

Snap up a water view without the premium price tag with this three-bedroom townhouse plus boat mooring ideally positioned within a gated riverside community in the heart of Patterson Lakes.
With a protected and picture perfect view of the marina further realised upstairs, the two-storey home features spacious open-plan living and dining on the ground floor where sliding doors the open to a Bougainvillea-framed courtyard, perfect for summer BBQs.
The kitchen with under bench oven and electric cooktop is finished in timeless black and white and there is an updated Bosch dishwasher for quick clean ups at the end of the day.

Upstairs, lovely polished timbers anchor the landing and bedrooms including the roomy master bedroom with mirror-front robe, basic ensuite and sliding doors out to a private balcony where you can soak up the sunshine and sparkling view.
Two more bedrooms, one with a built-in robe, share the main bathroom and there is a combined laundry with extra powder room located downstairs.
Currently tenanted by a long term tenant happy to stay on, this is a fabulous opportunity for an investor to enjoy strong rental returns and land bank a leisure lifestyle in easy walking distance of fabulous restaurants, Lakeview Shopping Centre, Patterson Lakes Primary School and bus services linking to the city train.
Offering the opportunity to value-add with some easy updates, extras here include reverse-cycle airconditioning, handy wall-mounted ironing station, convenient internal access to the single lock up garage and the brilliant bonus of a second off-street car space.

Property History for 10 Scarborough Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$601,000
30 Mar 2017
Listed for Rent
$350/w
27 Oct 2007
  • 30 Mar 2017
    Sold for $601,000
  • 10 Feb 2017
    Listed for Sale Price reduced to $595,000
  • 08 Sep 2007
    Listed for Rent - Price not available
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About Patterson Lakes 3197

The size of Patterson Lakes is approximately 4.3 square kilometres. It has 17 parks covering nearly 11.5% of total area. The population of Patterson Lakes in 2011 was 7,582 people. By 2016 the population was 7,538 showing a population decline of 0.6% in the area during that time. The predominant age group in Patterson Lakes is 40-49 years. Households in Patterson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Patterson Lakes work in a professional occupation. In 2011, 78.3% of the homes in Patterson Lakes were owner-occupied compared with 79.4% in 2016.

Patterson Lakes has 4,032 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 21.63% increase in median value, while Units have seen a 3.97% increase. As at 30 November 2024:

  • The median value for Houses in Patterson Lakes is $1,242,626 while the median value for Units is $644,993.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Patterson lakes.

Suburb Insights for Patterson Lakes 3197

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.