SOLD
Sold on 10 Nov 2023 for $2,125,000

4 Ocean Reef Drive
Patterson Lakes VIC 3197

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 337m2
Land area: 842m2
Sold By
Hamish Mitchell
MITCHELL TORRE REAL ESTATE
Michael Marziale
MITCHELL TORRE REAL ESTATE
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Property Details for 4 Ocean Reef Dr, Patterson Lakes

4 Ocean Reef Dr, Patterson Lakes is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1992. The property has a land size of 842m2 and floor size of 337m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Patterson Lakes in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
337m2
Land Size
842m2
Local Government
Kingston
Lot/Plan
456/LP210436

Last Listing description (December 2023)

Step into the realm of your ideal waterfront residence, where sophistication seamlessly intertwines with practicality & lifestyle. Presenting an impressive two-story haven, accompanied by an exquisite self-contained unit that exemplifies refined living. This distinguished abode has been meticulously crafted to surpass every expectation, embodying a presentation of sheer beauty. Nestled along the waterfront, it offers an exclusive lifestyle that only the most exceptional locations can provide.
A generous expanse awaits, offering ample space for the entire family and more. Multiple living areas and four generously proportioned bedrooms, complete with a dedicated study zone, ensure each individual finds their personal sanctuary. With lofty ceilings gracing both levels and an expansive void overlooking the second living area, a remarkable sense of openness and luminance is fostered, setting the stage for both relaxation and entertainment.
The master suite presents a panorama that captivates, accompanied by an ample dressing room thoughtfully designed to showcase and organize your attire with elegance and grace. Indulge in culinary artistry with not one, but two culinary spaces. The main kitchen boasts sleek stone countertops and a practical pull-out pantry, transforming meal preparation into a delightful experience.

Two distinct outdoor entertainment zones beckon, inviting you to host gatherings and bask in the splendor of the natural surroundings. Impeccably maintained gardens form a tranquil haven that welcomes you upon your return home. For those with a passion for maritime pursuits, a private mooring offers direct bay access, allowing you to set sail and explore the waters at your leisure.
The three-car garage provides ample room for your vehicles and storage needs, ensuring your prized possessions remain secure and safeguarded. To truly comprehend the comprehensive offering of this property, an in-person visit is essential. Its strategic location offers proximity to a plethora of local amenities, including schools, shopping centers, parks, and cycling paths, with convenient access to the East Link and Mornington Peninsula freeways.

Property History for 4 Ocean Reef Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$2,125,000
10 Nov 2023
  • 10 Nov 2023
    Sold for $2,125,000
  • 17 Aug 2023
    Listed for Sale Under Contract
  • 08 Oct 2012
    Sold for $1,050,000
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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 4,023 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 37.65% increase in median value, while Units have seen a 1.40% increase. As at 31 August 2024:

  • The median value for Houses in Patterson Lakes is $1,292,158 while the median value for Units is $603,435.
  • Houses have a median rent of $818 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 138 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.