real-estate-appraisal-patterson-lakes-vic-3197
Suburb Profiles

How Much Is My Home Worth In Patterson Lakes?

Admin20 August 2026

Real Estate Appraisal Patterson Lakes VIC 3197

As of August 201, 2026, the median price for a house in Patterson Lakes was $1,307,000. A median-priced unit was valued at $745,000. So far in the last year, there have been 104 houses and 40 units sold. It takes approximately 32 days to sell a house and 35 days to sell an apartment.

In Patterson Lakes, homes rent for $924 PW a year, which is a 4.1% annual rental yield, and apartments rent for $635 PW, which is a 4.5% yearly rental yield if you're searching for an investment property. For homes in Patterson Lakes, the yearly compound growth rate is 9.0%, while for apartments, it is 7.3%.

CLICK HERE FOR A SUBURB PROFILE AND MARKET REPORT FOR PATTERSON LAKES

House prices and rent returns in Patterson Lakes.

  • 3 bedroom home $1,1215,500 Rent per week $710
  • 4 bedroom home $1,402,500 Rent per week $1100

Unit prices and rent returns in Patterson Lakes.

  • 2 bedroom unit $657,000 Rent per week $575
  • 3 bedroom unit $820,500 Rent per week $700

Free Real Estate Appraisal Patterson Lakes

Are you thinking of selling and want to know your property’s market value? Our sales agents are available to perform a free appraisal on any type of property including houses, land, units and apartments. Our appraisal will be based on location to amenities, waterways, shops and schools. We have sold multiple homes in this region and will give you an accurate assessment of the value of your property.

Free Rental Appraisal Patterson Lakes

Are you moving and need a rental manager? Or, have you recently purchased an investment property and require property management? We manage over 3600 properties in Melbourne. Our property managers will deliver a free rental appraisal on how much rent you can expect to receive each week. Our rental system is run from one major software programme that enables us to maximise your return on investment. We manage routine inspections, rent collection and maintenance issues. The landlord can expect to receive full taxation accounting documents.

Property Valuation Patterson Lakes

You would be surprised by the number of people that think a property valuation and appraisal are the same. Any real estate agent can perform an appraisal on your property. But, if you require a valuation for legal reasons then you must employ a registered valuer which comes with a fee.

Patterson Lakes Aerial View

https://www.youtube.com/watch?v=DdGLqfrYu0k


Patterson Lakes Enquiry


Lifestyle in Patterson Lakes
Patterson Lakes is located 35 kilometres south-east of the Melbourne CBD. The Patterson Lakes train station runs along the southern boundary on the Werribee line. The population recorded at the last Census was 7564. This is a popular boating and fishing suburb that has a public launching facility. There are a number of sporting clubs that cater to basketball, cricket, football, tennis and water sports. Neigboutring suburbs include Carrum, Seaford and Bonbeach.

Schools in Patterson Lakes
There is 1 school in Patterson Lakes. The nearest secondary school is the Patterson River Secondary College located to the south in Seaford.

Patterson Lakes Real Estate Agent Contact Details.

Stavros Ambatzidis
Director of Chelsea Office
Phone: 03 9772 7077
Mobile: 0409 708 000
Email: Here

Recently Sold Property in Patterson Lakes

Please browse our list of recent home sales.