SOLD
Sold on 08 Jun 2024 for $872,000

40 Scarborough Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 162m2
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Property Details for 40 Scarborough Dr, Patterson Lakes

40 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 162m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Townhouse sold in Patterson Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2000
Floor Size
156m2
Land Size
162m2
Local Government
Kingston
Lot/Plan
833/PS337700

Last Listing description (August 2014)

UNDER CONTRACT/ DEPOSIT TAKEN.

In a resort style gated community with glistening water views; this stylishly renovated 3 bed 2 bath waterside haven is all about lifestyle. Finished with the latest contemporary style, this quality entertainer enjoys north facing open plan living & dining with sail covered terrace & glorious views, designed stone kitchen (s/steel appliances), 3 large bedrooms (BIRs, main WIR & stylish spa semi ensuite), designer bathrm & fitted

laundry. Fully appointed for an effortless lifestyle, it boasts solid timber floors, marble & stone benchtops, ducted heating, evap cooling, air cond, ducted vac, intercom, double glazed windows, herb garden, security gated entry, double auto garage & boat mooring. Walk to shops.

Property History for 40 Scarborough Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$872,000
08 Jun 2024
  • 08 Jun 2024
    Sold for $872,000
  • 18 Jul 2014
    Sold for $548,000
  • 12 Jun 2014
    Listed for Sale SOLD - $548,000
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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 4,032 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.