OFF MARKET

60/5 Thompson Road
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 60/5 Thompson Rd, Patterson Lakes

60/5 Thompson Rd, Patterson Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in January 2007.

Building Type
Unit
Year Built
2000
Floor Size
74m2
Local Government
Kingston
Lot/Plan
60/PS417130

Last Listing description (March 2018)

Situated in a convenient Patterson Lakes location, nestled in a gated complex, stands this fresh open plan two-bedroom apartment. This resort style complex is complimented by its location, positioned a gentle stroll away from waterfront restaurants, cafes and Lakeview Shopping Centre. Conveniently positioned on the end of Thompson Road this destination is in close proximity to The Peninsula Link & Eastlink!
Elevated on the second level, this apartment boasts resort style views of the complex. An open plan dining, kitchen and lounge provides the perfect environment to unwind or entertain. The kitchen presents stone benches, breakfast bar & plenty of cabinetry and bench space.
The bedrooms provide a comfortable escape and lead from the central zone. The main bedroom boasts spacious dimensions and a balcony outlook to enjoy every morning. This bedroom is highlighted by a fresh semi ensuite that services both bedrooms and a walk-in robe. The second bedroom offers a built-in and sun-lit views.

Additional features include:
- Receiving $330 per week with an A-grade tenant
- Split system cooling
- Laundry & separate toilet
- Two balconies
- Single lock-up garage
- Elevated resort style views
This property offers the perfect opportunity to break into this ever-growing area close to amenities. Perfect for investors looking to re sign an A-grade tenant or owner occupies looking for vacant possession. Don t miss out on this fabulous apartment and contact us for more information.

Property History for 60/5 Thompson Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$243,000
17 Jan 2007
Listed for Rent
$280/w
30 Oct 2009
  • 12 Feb 2018
    Listed for Sale Not Disclosed
  • 13 Oct 2009
    Listed for Rent - Price not available
  • 01 Jul 2009
    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 4,029 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 27.83% increase in median value, while Units have seen a 6.87% increase. As at 31 October 2024:

  • The median value for Houses in Patterson Lakes is $1,265,746 while the median value for Units is $647,957.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Patterson lakes on OnTheHouse. According to CoreLogic's data, 137 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.