2/42 Ocean Reef DrivePatterson Lakes VIC 3197
Property Details for 2/42 Ocean Reef Dr, Patterson Lakes
2/42 Ocean Reef Dr, Patterson Lakes is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1990. The property has a land size of 381m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (November 2020)
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Ideal for downsizers, retirees and investors is this gem , with a footprint to extend up and capture million dollar views!
Situated in a very sought-after waterfront pocket of Patterson Lakes, nestled amongst multi-million dollar homes with water access at your back door and own private beach. Also, within striking distance to Patterson river and trails, shops and cafes and Patterson lakes primary school.
Offering 3 spacious bedrooms including master with ensuite and walk in robe, formal lounge with twin dining areas, galley style kitchen with an abundance of bench and cupboard space.
An added bonus of this home is this practical sized private back yard ideal for kids or the pets and an entertaining zone for everything social.
Excellent off street parking with tandem garage and workshop offering ideal storage for trailers or toys.
The cream on this properties cake, is your own private beach situated on a great part of the canal, offering sensational water activities.
Ducted heating and vacuum throughout
Downlights in all main areas for excellent light
No body corp fees or boat fees also !
Great opportunity to secure a rare find
Property History for 2/42 Ocean Reef Dr, Patterson Lakes, VIC 3197
- 15 Jul 2020Sold for $845,000
- 14 Feb 2020Listed for Sale $795,000-$850,000
- 13 Jul 2016Sold for $638,000
Recent sales nearby
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0About 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 4,024 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.
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