1/187 Palm Beach Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

1/187 Palm Beach Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 226m2
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Property Details for 1/187 Palm Beach Dr, Patterson Lakes

1/187 Palm Beach Dr, Patterson Lakes is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 226m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
1980
Floor Size
117m2
Land Size
226m2
Local Government
Kingston
Lot/Plan
1/PS416028

Last Listing description (November 2014)

Start in Style Up Front
Start with great inner space and easy living style! Streetfront in a gorgeously groomed dual-occupancy development, this super-sized 3 bedroom single-level townhouse offers great space inside with vast living/dining (big enough to fit a study nook) and a carefree paved and turfed courtyard outside (big enough for kids and pets to play)!
Stylishly presented with a sunny courtyard-view stainless-steel appliance kitchen, sparkling mirrored robes and a smart two-way ensuite bathroom with separate WC, this airy open-plan home is big on features too, with cool timber-look floors, warming ducted heating, and climate-controlling reverse-cycle air conditioning.

With a secure garage plus parking to the rear, Patterson Lakes shopping centre within a minute and the CBD and the Peninsula in easy reach along the Freeway, this is a sensational streetfront start or investment. There's even the option of purchasing an equally sizable rear home at the same time for the ultimate live and enjoy, or two for one investment!

Property History for 1/187 Palm Beach Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$445,000
14 Jan 2014
Listed for Rent
$415/w
25 Feb 2014
  • 05 Nov 2014
    Listed for Sale AUCTION
  • 14 Jan 2014
    Sold for $445,000
  • 03 Dec 2013
    Listed for Rent - Price not available
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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 4,031 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, 158 properties were sold in the past 12 months in Patterson lakes.

Suburb Insights for Patterson Lakes 3197

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Cotality Copyright and Legal Disclaimers about Property Data
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.