2/74 Old Wells RoadPatterson Lakes VIC 3197
Property Details for 2/74 Old Wells Rd, Patterson Lakes
2/74 Old Wells Rd, Patterson Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 176m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Patterson Lakes in the last 12 months.
Last Listing description (November 2024)
Experience effortless living with this beautifully appointed two-bedroom residence in the heart of Patterson Lakes. This enviable property offers open-plan living with a spacious private courtyard, ideal for entertaining guests or enjoying your morning coffee in the sun. Elegant carpeting throughout the home creates a warm and inviting atmosphere.
This luxurious villa features a well-equipped kitchen with benchtops, ample storage, and a gas cooktop. Enjoy the modern appeal of the private central bathroom, complete with a separate laundry for added convenience. One of only 2 units on the block, split system air conditioning, private garage.
Situated just moments from Patterson Lakes shops and eateries, you can easily walk to Patterson River, Carrum Beach, cafes, supermarkets, and restaurants. Perfectly located within the Patterson Lakes Primary School and Patterson River Secondary College catchment areas, this property is ideal for small families, downsizers, first home buyers, and investors alike.
Property History for 2/74 Old Wells Rd, Patterson Lakes, VIC 3197
- 05 Nov 2024Sold for $561,000
- 07 Jun 2024Listed for Sale Sold
- 03 Jul 2018Listed 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 4,025 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 27.83% increase in median value, while Units have seen a 6.87% increase. As at 31 October 2024:
- The median value for Houses in Patterson Lakes is $1,265,746 while the median value for Units is $647,957.
- Houses have a median rent of $850 while Units have a median rent of $560.
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