The Patch Suburb Profile
Victoria 3792

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The Patch has 423 properties. Over the last 5 years, Houses in The Patch have seen a 37.27% increase in median value. As at 31 October 2024:

  • The median value for Houses in The Patch is $1,091,879 while the median value for Units is $876,404.
  • Houses have a median rent of $420.
There are currently 6 properties listed for sale, and no properties listed for rent in The patch on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in The patch.

The size of The Patch is approximately 3.7 square kilometres. It has 4 parks covering nearly 1.8% of total area. The population of The Patch in 2011 was 1,039 people. By 2016 the population was 1,069 showing a population growth of 2.9% in the area during that time. The predominant age group in The Patch is 40-49 years. Households in The Patch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Patch work in a professional occupation. In 2011, 87.2% of the homes in The Patch were owner-occupied compared with 89.3% in 2016.

Suburb Insights for THE PATCH 3792

Market Insights
The Patch Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
The Patch Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 1,069

0-9

 

12%

10-19

 

13%

20-29

 

9%

30-39

 

8%

40-49

 

16%

50-59

 

16%

60-69

 

15%

70-79

 

7%

80-89

 

3%

Household Structure
Occupancy

Recent Sales in THE PATCH 3792

Properties for sale in THE PATCH 3792

CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 18/11/2024

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.

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