OFF MARKET

48/5 Thompson Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 6082m2
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Property Details for 48/5 Thompson Rd, Patterson Lakes

48/5 Thompson Rd, Patterson Lakes is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 6082m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2012.

Building Type
Unit
Year Built
2000
Floor Size
112m2
Land Size
6082m2
Local Government
Kingston
Lot/Plan
48/PS417130

Last Listing description (September 2024)

Your chance to enjoy Patterson Lakes' famously laidback lifestyle has become available with this spacious easy-care apartment. Enjoying the peace of mind of a position in a gated community, along with the luxury of an on-site pool & gymnasium for the use of residents, this well-presented package is further enhanced by a position merely metres to the marina.

Desirably open plan in design, the accommodation dishes up a light-filled living and dining zone that flows in to a practical kitchen with stainless steel appliances and plenty of cupboard space. Three generous bedrooms zoned away from the living area are a true highlight, each one offering mirrored built-in wardrobes, the master also spilling out to a sunny balcony. A sparkling bathroom with convenient separate WC is also on offer together with a Euro laundry, while rounding off the home are split system heating/cooling and a lock-up garage.

With the potential to modernise to suit your style but perfectly ready to reside or rent out, the home is literally metres to shops & dining options and just steps to bus stops & the primary school, while it also enjoys easy access to the freeway and is a direct trip down to Carrum station and beautiful beaches.

For all enquiries please contact Jeff Cowan 0407 552 430 Hodges Mentone. NOTE: parking for inspections we would recommend at the library opposite.

Property History for 48/5 Thompson Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$355,000
11 Apr 2012
Listed for Rent
$425/w
24 Jun 2021
  • 15 May 2024
    Listed for Sale Not Disclosed
  • 10 Jun 2021
    Listed for Rent $425 / week
  • 01 Mar 2017
    Listed 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 4,032 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.