1/7-11 Ocean Reef DrivePatterson Lakes VIC 3197
Property Details for 1/7-11 Ocean Reef Dr, Patterson Lakes
1/7-11 Ocean Reef Dr, Patterson Lakes is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 2095m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (March 2019)
Grand in proportions and perfectly suited to the growing family, this property has it all! Make this your family abode for years to come. Rarely do you find a property with so much practical space on offer inside and out with the added bonus of no body corporate. Located in a quite pocket of Patterson Lakes, a highly sought after suburb famous with family s for the lifestyle it offers. Enjoy the flexibility of 4 bedrooms, or utilise one as a family theatre room. You ll have living zones both downstairs and upstairs as well as a modern kitchen. The bathrooms are stunning, renovated to the highest of standards and ready for you to enjoy! Entertaining will be a breeze with a stunning undercover terrace area perfect for summer barbeques, adjoining a huge backyard complete with access for cars, caravans and trailers. With parkland and the primary school moments away plus nearby high amenity Patterson Lakes shopping precinct and quick freeway access to the Mornington Peninsula or CBD, this superb residence is a must to inspect!
Property History for 1/7-11 Ocean Reef Dr, Patterson Lakes, VIC 3197
- 20 Feb 2019Sold for $660,000
- 15 Nov 2018Listed for Sale $650,000 - $720,000
- 23 Aug 2015Sold for $535,000
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About Patterson Lakes 3197
The size of Patterson Lakes is approximately 4.3 square kilometres. There are 17 parks, covering nearly 11.5% of the 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 4,029 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 2.10% increase in median value, while Units have seen a 9.87% increase. As at 31 August 2026:
- The median value for Houses in Patterson Lakes is $1,304,452 while the median value for Units is $728,818.
- Houses have a median rent of $1,000 while Units have a median rent of $650.
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