18 Ocean Reef Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

18 Ocean Reef Drive
Patterson Lakes VIC 3197

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 330m2
Land area: 822m2
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Property Details for 18 Ocean Reef Dr, Patterson Lakes

18 Ocean Reef Dr, Patterson Lakes is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1999. The property has a land size of 822m2 and floor size of 330m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1999
Floor Size
330m2
Land Size
822m2
Local Government
Kingston
Lot/Plan
487/LP210437

Last Listing description (March 2017)

**This property is under contract** Positioned perfectly on the water s edge, this large family home has clinched one of the best positions to water available. Built just over 10 years ago with space in mind, this property has recently been fully renovated to impeccable standards. Boasting four king size bedrooms, master with ensuite, separate study and huge open living areas including billiard room and wet bar. Brand new in ground pool and paved entertaining area, captures astounding views through one of the widest of waterways. Position and lifestyle is what Patterson Lakes is all about, add a stunning sandy beach and mooring for your boat .. This property is what it s all about.

Property History for 18 Ocean Reef Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$3,125,000
01 Aug 2023
  • 01 Aug 2023
    Sold for $3,125,000
  • 18 Aug 2016
    Sold for $1,750,000
  • 12 Jul 2016
    Listed for Sale Under Contract
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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, 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.