18/1 Inner Harbour Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
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18/1 Inner Harbour Drive
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 5175m2
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Property Details for 18/1 Inner Harbour Dr, Patterson Lakes

18/1 Inner Harbour Dr, Patterson Lakes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1982. The property has a land size of 5175m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Townhouse
Year Built
1982
Floor Size
110m2
Land Size
5175m2
Local Government
Kingston
Lot/Plan
18/SP22562

Last Listing description (June 2016)

With dazzling water views that are second to none in this established complex, this original two-bedroom plus study townhouse is plump with potential to fully capitalize on a gorgeous outlook across Inner Harbour and beyond.
Attractively priced to reflect its unimproved status, this is the perfect platform for budget-conscious buyers ready to roll up their sleeves and reap the rewards of a tasteful transformation of this two-storey home.
A brilliant bonus here is an additional driveway and 3m wide strip of land that runs the full length of the property providing almost limitless scope to add a carport or second garage, gazebo, deck or even extend the footprint of the home (all STCA).

Situated in the beating heart of Patterson Lakes, Inner Harbour is barely a skimmed stone from the vibrant shopping and restaurant precinct, while the Patterson River is virtually at your doorstep along with walking tracks to the tranquil Wannarkladdin Wetlands and Carrum s beautiful sandy beach.
Currently, the home s entry level offers a tiled foyer providing access to the skylit laundry and separate downstairs powder room, while the open-plan ground floor design lets you enjoy the magical outlook from wherever you stand.
An efficient timber kitchen comes equipped with an under bench oven and gas cooktop while the adjacent meals area flows through to lounge where sliding doors open to the waterfront lawn where it is so easy to picture your smart new alfresco deck.
Upstairs, two good sized bedrooms (both with built-in robes and main with viewing balcony) share the family bathroom with spa bath, shower, toilet and vanity, while a handy study completes this value for money package.
Included in this waterfront opportunity is cosy gas ducted heating, a handy shed and single lock-up garage on title, while East Link and Peninsula Link are just a few minutes away for a speedy commute and all community amenities are within walking distance.

Property History for 18/1 Inner Harbour Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$580,000
12 Feb 2016
Listed for Rent
$1.08k/w
19 Sep 2005
  • 12 Feb 2016
    Sold for $580,000
  • 23 Nov 2015
    Listed for Sale $617,000
  • 27 Aug 2007
    Transferred
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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 4,022 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 17.49% increase in median value, while Units have seen a 11.16% increase. As at 30 April 2026:

  • The median value for Houses in Patterson Lakes is $1,363,400 while the median value for Units is $721,090.
  • Houses have a median rent of $863 while Units have a median rent of $650.
There are currently 21 properties listed for sale, and 8 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 157 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.