1/5 North Shore Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

1/5 North Shore Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 238m2
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Property Details for 1/5 North Shore Dr, Patterson Lakes

1/5 North Shore Dr, Patterson Lakes is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 238m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2000
Floor Size
102m2
Land Size
238m2
Local Government
Kingston
Lot/Plan
909C/PS337700

Last Listing description (April 2025)

Luxury gated living on North Shore
Don't miss out on this opportunity to secure this immaculately maintained
3 bedroom beauty! Simply move in and start enjoying one of Melbourne's best waterfront estates at North Shore Drive and everything that Patterson Lakes has to offer. Spaciously designed and sun-lit residence encompassing the complete top floor, is a place where you can truly unwind and watch the world go by! All within walking distance to Harbour Plaza, schools, parks and less than 3km to the beach

Featuring:-
- 3 generous sized bedrooms (master with Walk in Robe, own balcony & ensuite, second & third bedrooms with built in robes)
- Open plan living & dining area with new flooring
- Gas cooktop
- Oversized single car garage with a tandem undercover second carpark.
- Private storage room
- Brand new carpet in bedrooms
- Brand new split systems throughout
- Balconies refreshed

Property History for 1/5 North Shore Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$621,000
20 Jan 2020
Listed for Rent
$630/w
14 Apr 2025
  • 21 Feb 2025
    Listed for Rent $630 / week
  • 03 May 2023
    Listed for Rent $600 / week
  • 05 Nov 2020
    Listed for Rent $520 / week
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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, 160 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.