Real estate appraisal Patterson Lakes VIC 3197

How Much Is My Home Worth In Patterson Lakes?

Real Estate Appraisal Patterson Lakes VIC 3197

As of January 25, 2021, the median price for a house in Patterson Lakes was $1,021,000. A median-priced unit was valued at $522,000. So far in the last year, there has been 79 houses and 43 units sold. It takes approximately 82 days to sell a house and 105 days to sell an apartment. The annual capital growth for homes is 6.04% and units is 4.65%. The 12-month capital growth is 13.44% on houses and -2.21% for units.

The Demand to Supply Ratio or DSR ranking says that an investment in houses is rated as above average. And the rating for units is balanced. For vendors selling their house in Patterson Lakes, you can expect to get your asking price more often than not. The real estate capital growth is expected to stay ahead of the national average.
House prices and rent returns in Patterson Lakes.

  • 3 bedroom home $830,000 Rent per week $545
  • 4 bedroom home $1,100,000 Rent per week $630

Unit prices and rent returns in Patterson Lakes.

  • 2 bedroom unit $485,000 Rent per week $400
  • 3 bedroom unit $640,000 Rent per week $470

The gross rental yield for a house is 2.95% and 3.63% for units.

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

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