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

2 Ocean Reef Drive
Patterson Lakes VIC 3197

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 259m2
Land area: 960m2
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Property Details for 2 Ocean Reef Dr, Patterson Lakes

Building Type
Land
Floor Size
259m2
Land Size
960m2
Local Government
Kingston
Lot/Plan
455/LP210436

Last Listing description (October 2017)

**This property is under contract** The epitome of stylish living, this elegant waterfront home combines European classical design with all the convenience of modern living, offering an unparalleled lifestyle opportunity.
Boasting one of the largest waterfront blocks of land available (960 SQM approx), this property also comes with its own boat mooring allowing for direct access to Port Phillip Bay from your own back yard. Built just over 1 year ago with space and luxury in mind, this home has been built to impeccable standards. No expense has been spared in ensuring this property is underpinned by an outstanding level of quality finishes and inclusions.
As you walk through the privacy gate and into the entrance, you immediately sense the grandeur and scale of this master built entertainer. Magnificent wrought iron double door opens up into specious hallway with soaring vaulted ceiling providing natural light flood into the house.

Majestic views of the waterways from the upstairs balcony, and downstairs alfresco create a peaceful, enjoyable, and relaxing atmosphere.
Boasting four king size bedrooms, including two master bedrooms, one upstairs and one downstairs, with provision taken into two separate living zones.
Separate private study and huge open living, open plan main living flows to both the billiard room with full wet bar and home theater room.
Double sided marble decorative gas fireplace.
Antique style timber kitchen with Brazilian granite bench tops and splash backs fitted with first class European appliances.
Garage access to the walk through butler's pantry into the kitchen.
House integrates European UPVC windows, European oak parquetry throughout, wrought iron hand made chandeliers and fittings.
Zoned Hydroid Heater and zoned Twin Ducted Air conditioner.
Fully automatic salt water in ground pool with its own wet room and travertine paved entertaining area with in build outside kitchen.
Position and lifestyle is what Patterson Lakes is all about.
This property must be seen to fully be appreciated.

Property History for 2 Ocean Reef Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$2,280,000
07 May 2017
  • 07 May 2017
    Sold for $2,280,000
  • 02 Mar 2017
    Listed for Sale Under Contract
  • 15 Mar 2013
    Sold for $625,000
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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 4,024 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.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 163 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.