OFF MARKET

43/16 Thompson Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 305m2
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Property Details for 43/16 Thompson Rd, Patterson Lakes

43/16 Thompson Rd, Patterson Lakes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 305m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
1995
Floor Size
125m2
Land Size
305m2
Local Government
Kingston
Lot/Plan
43/PS303495

Last Listing description (July 2015)

***This property is under contract*** Located in the heart of Patterson Lakes, this single level home is close to all that Patterson Lakes has to offer. Presenting a lifestyle so often sought, but seldom found. Beautifully presented, this immaculate property provides all that is required for low maintenance convenient living. Three carpeted bedrooms with BIRs, including master with ensuite. Enjoy all-weather alfresco dining under the covered patio surrounded by paved established garden. The private driveway and remote-controlled 2-car garage provide direct entry to the house and through to the powered garden shed. Quiet enjoyment, security and privacy assured in this first-class complex.

Property History for 43/16 Thompson Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$540,000
22 May 2015
  • 22 May 2015
    Sold for $540,000
  • 27 Apr 2015
    Listed for Sale Under Contract
  • 07 Dec 2001
    Sold for $268,000
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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 4,022 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 46.18% increase in median value, while Units have seen a 8.57% increase. As at 31 July 2024:

  • The median value for Houses in Patterson Lakes is $1,316,294 while the median value for Units is $635,031.
  • Houses have a median rent of $783 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 136 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.