2/5 Ocean Reef DrivePatterson Lakes VIC 3197
Property Details for 2/5 Ocean Reef Dr, Patterson Lakes
2/5 Ocean Reef Dr, Patterson Lakes is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 385m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Last Listing description (January 2013)
Securely leased and situated right in the heart of Patterson Lakes sits this well presented 2 bedroom plus study or 3 bedroom unit. It is sure to appeal to any purchaser looking to downsize, or perhaps those looking for an investment property. It could also be the ideal property for first home buyers wanting to get into the property popular Patterson Lakes market. Inside you will find the master bedroom with an ensuite and WIR. The other 2 bedrooms/study are of good size and both have BIR's. The lounge and dining room lead out to the large outdoor area.The kitchen has gas cooking appliances and a dishwasher. The main bathroom comprises of a bath, shower, vanity and separate toilet. Your single lock up garage has internal access.
This unit has it's own street frontage, no Owners/Body Corporation fees and is conveniently located close to the shops, schools, restaurants, public transport and walking tracks.
Property History for 2/5 Ocean Reef Dr, Patterson Lakes, VIC 3197
- 30 Nov 2012Sold for $395,000
- 04 Aug 2011Listed for Sale $475,000 NEGOTIABLE
- 08 Jul 1999Sold for $180,000
Recent sales nearby
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0About 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.
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