5/1 Canberra Street, Patterson Lakes, VIC 3197 | Townhouse for sale | OnTheHouse
FOR SALE
$1,285,000.00 to $1,365,000.00

5/1 Canberra Street
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Amazing Waterfront Living – Private Boat Mooring

Perfectly positioned on the main canal and featuring a wide, sandy beach, this freestanding, single-level residence offers an exceptional opportunity to secure rare blue-chip waterfront real estate. Properties of this calibre are seldom available, combining breathtaking views, a relaxed lifestyle, and low-maintenance living in one unbeatable package.
Beautifully renovated with a focus on quality and comfort, the home showcases stone benchtops, stainless steel appliances, and elegantly appointed bathrooms. The light-filled interiors seamlessly connect to a private undercover outdoor area with plumbed in outdoor bath—ideal for entertaining or simply soaking in the tranquil waterfront atmosphere.
With your own boat mooring and direct access to Port Phillip Bay, this is a dream come true for boating enthusiasts and those seeking a laid-back coastal lifestyle. Spend your days enjoying the water, entertaining friends, or playing tennis on the communal mod grass court.
Located just a short stroll from Patterson Lakes’ vibrant shopping precinct, cafés, restaurants, walking trails, and public transport—plus easy access to major freeways and the Patterson River—everything you need is right at your doorstep.
Whether you're downsizing, investing, or looking for a weekend escape, this exceptional waterfront home is a rare gem.
Live the lifestyle most only dream of—your new beginning starts here.
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Property Details for 5/1 Canberra St, Patterson Lakes

5/1 Canberra St, Patterson Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for sale with Domo Real Estate.

Building Type
Townhouse
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About Patterson Lakes 3197

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 2016 was 7564 people. By 2021 the population was 7793 showing a population growth of 3.0% in the area during that time. The predominant age group in Patterson Lakes is 50-59 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 2021, 79.50% of the homes in Patterson Lakes were owner-occupied compared with 79.40% in 2016.

Patterson Lakes has 4,030 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 37.40% increase in median value, while Units have seen a 25.67% increase. As at 30 November 2025:

  • The median value for Houses in Patterson Lakes is $1,366,139 while the median value for Units is $697,877.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Patterson lakes.

Suburb Insights for Patterson Lakes 3197

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George Begala
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Jane Webb
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Domo Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.