OFF MARKET

51/5 Thompson Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 6082m2
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Property Details for 51/5 Thompson Rd, Patterson Lakes

51/5 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 86m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2000
Floor Size
86m2
Land Size
6082m2
Local Government
Kingston
Lot/Plan
51/PS417130

Last Listing description (July 2023)

Enter the illustrious Patterson Lakes market comfortably and confidently with this extensive 3-bedroom apartment, mere metres from Harbour Plaza and the Patterson River walking trail. Magnificent open-plan living with dual balconies and fantastic on-site facilities ensure absolute comfort, with all of the area's blue-ribbon attractions within easy walking distance.

A secure gated complex with intercom entry unveils an environment curated for lifestyle ease, with an on-site pool and gym overseen from the apartment's main balcony terrace. Open living and dining are illuminated with natural light, flanked by an easy-care peninsula kitchen with black stone benches, a gas cooktop and a dishwasher for easy everyday meals. Retreat to the idyllic space of the three robed bedrooms of an evening, with the master featuring its own expansive balcony and glimpses of the inlet.

An undeniably appealing opportunity in the heart of Patterson Lakes, this highly-appealing residence is complete with a full-sized bathroom, toilet and laundry provisions, split-system air conditioning, and a single garage. Enjoy easy proximity to Mornington Peninsula Freeway and Carrum Station, with buses, cafes, quality schools and beautiful bay beaches within easy grasp.

Property History for 51/5 Thompson Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$540,000
11 Apr 2023
Listed for Rent
$470/w
19 Nov 2021
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 11 Apr 2023
    Sold for $540,000
  • 30 Mar 2023
    Listed for Sale $500,000 - $550,000
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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.