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Patterson Lakes

  • There are around 7,801 residents living in Patterson Lakes
  • Most residents are families, with 28% aged 60+ years old
  • Majority of homes are detached houses lived in by mortgaged owners
Patterson Lakes Area Boundary Map

Property price trends

These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic

$1,248,628

House median sale price

7.2% Decline

L

ast 12 months

$651,019

Unit median sale price

2.5% Decline

L

ast 12 months

Median price trend

This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.

Showing the trend for house prices over the last 5 years. Source: CoreLogic

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

32 Days

House median days on market

46 Days

Unit median days on market

153 Properties

Sold in last 12 months

38 Properties

Available in the last month

Suburb snapshot

Last month Patterson Lakes had 38 properties on sale, with 153 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $1,248,628, which has decreased by 7.2%. The median sale price for units has been around $651,019 and has decreased by 2.5%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Patterson Lakes is around $798 and has increased by 8.5% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $560 and has increased by 10.9%.

There are around 7,801 residents living in Patterson Lakes. They are predominantly made up of families, living in detached houses with the majority being mortgaged owners. The most common occupations for locals are professionals, managers, and clerical and administrative workers. Schooling and education options in Patterson Lakes include Patterson Lakes Primary School, catering for K-Y6.

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Patterson Lakes residents

Key characteristics of the residents in the area, open the breakdown to see more detail for each category.

60+

Is the most common age range

Mortgaged Owners

Most common occupant type

Families

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

Occupant status

This may indicate the likelihood of long term residence as owners are less likely to move. The most common are mortgaged owners.

3,147

Total properties

Mortgaged Owners

(40%)

Outright Owners

(38%)

Renters

(15%)

Other

(7%)

Community Housing

(0%)

Property types

This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.

3,545

Total properties

Detached Houses

(56%)

Townhouses

(24%)

Apartments

(20%)

Other

(0%)

Age ranges

This may indicate what stage of life these residents are at. The most common is 60+.

Under 18

19-30

31-40

41-50

51-60

60+

Household profiles

This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is families.

Lone Parents

Couples

Families

Singles

Other

Individual yearly income

This may indicate the affluence of individuals in the area. The average income band is $35k - $78k per year.

5,674

individuals

$35k - $78k

(36%)

$0k - $34k

(33%)

$104k - $182k

(13%)

$79k - $103k

(13%)

$182k+

(4%)

Occupations

The top 5 occupations in Patterson Lakes.

1

Professionals

2

Managers

3

Clerical and Administrative Workers

4

Technicians and Trades Workers

5

Sales Workers
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Nearby education

Schooling and educational options in the area, for all ages.

Patterson Lakes Primary School

K - Yr 6

Government

Get a wider view

Widen your research to learn about the council or state that Patterson Lakes belongs to.

Kingston Council

View the council data

Victoria

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Explore surrounding suburbs

Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.

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Median Unit: $615,944