17 Pier One Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

17 Pier One Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 316m2
Land area: 191m2
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Property Details for 17 Pier One Dr, Patterson Lakes

17 Pier One Dr, Patterson Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2000. The property has a land size of 191m2 and floor size of 316m2. While the property is not currently for sale or for rent, it was last transferred in May 2014.

Building Type
Townhouse
Year Built
2000
Floor Size
316m2
Land Size
191m2
Local Government
Kingston
Lot/Plan
1190/PS337700

Last Listing description (October 2025)

A testament to excellence by award-winning Architect John Alkemade, this contemporary multi-level residence with lift access to each level, presents an unparalleled waterfront lifestyle in a prestigious and premium gated enclave. Designed to take in its surroundings at every turn, this striking trophy home with a commercial-grade internal lift celebrates exclusivity with its extraordinary style, entertainer's footprint and private mooring, complete with a 40ft berth for boating enthusiasts.

Extensive glazing and a warm, industrial aesthetic utilising steel and natural ironbark highlight multiple internal living zones, each designed to integrate seamlessly with the outdoors. Instantly captivating, jaw-dropping double-height voids of glass frame the first-floor living/dining and upper mezzanine fireside lounge, spilling to the water views. The gourmet kitchen featuring a large butler's pantry adds to its luxury appeal, catering to the masses with its stone benchtops and high-end European appliances, including two ovens and three dishwashers.

Three bedrooms, three bathrooms, and a powder room also grace the floorplan, including the penthouse main suite - an indulgent space featuring a deluxe spa-inspired ensuite with underfloor heating and a freestanding bath, a wet bar, a sky-lit dressing room, and private laundry. Indulge in the versatility of the layout and enjoy indoor-outdoor integration from each level, culminating on the lower floor with a sensational alfresco zone boasting an outdoor spa, mains gas for the BBQ and an automated awning. Extending from the entertainer's domain, this space is geared up for large-scale summer gatherings, where heated floors and a substantial bar/kitchen with a dishwasher will make every event memorable.

Further highlights include a double garage with a workshop/gym, lift access to each level, app-controlled high velocity ducted refrigerated cooling and heating, keyless entry, CCTV, double glazing, 3-phase power, 5kW solar and electric blinds. Surrounded by sporting facilities, Patterson River, cafes and city-bound trains, this is a brilliant location for an effortless, leisure-filled existence.

Proudly marketed by the team at Peninsula Sotheby's International Realty.

Property History for 17 Pier One Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Transferred
$390,000
21 May 2014
  • 27 May 2025
    Listed for Sale 40ft. Mooring and Lift $2.5m - $2.75m
  • 11 Jan 2024
    Listed for Sale 40ft. Mooring and Lift $2.5m - $2.75m
  • 02 May 2023
    Listed for Sale $2,780,000 to $2,880,000
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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 13 properties listed for sale, and 11 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.