Patterson Lakes Suburb ProfileVictoria 3197
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Patterson Lakes has 4,028 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.
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.
Market Insights
Patterson Lakes Trends for Houses
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Patterson Lakes Trends for Units
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Neighbourhood Insights
Age
Population 7,538
0-9
11%
10-19
12%
20-29
10%
30-39
11%
40-49
15%
50-59
15%
60-69
14%
70-79
7%
80-89
4%
90-99
1%
Household Structure
Occupancy
Recent Sales in PATTERSON LAKES 3197
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0Properties for sale in PATTERSON LAKES 3197
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0Properties for rent in PATTERSON LAKES 3197
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Last Updated: 24/11/2024
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