SOLD
Sold on 11 Dec 2023 for $2,200,000

20 Palm Island Court
Patterson Lakes VIC 3197

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 372m2
Land area: 852m2
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Property Details for 20 Palm Island Ct, Patterson Lakes

20 Palm Island Ct, Patterson Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 852m2 and floor size of 372m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Patterson Lakes in the last 12 months.

Building Type
House
Year Built
1996
Floor Size
372m2
Land Size
852m2
Local Government
Kingston
Lot/Plan
467/LP210436

Property History for 20 Palm Island Ct, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$2,200,000
11 Dec 2023
  • 11 Dec 2023
    Sold for $2,200,000
  • 07 Jan 2011
    Transferred
  • 31 Oct 1995
    Sold for $158,500
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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 4,027 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.
There are currently 25 properties listed for sale, and 9 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 133 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.