3/5 North Shore Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
 
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3/5 North Shore Drive
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 238m2
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Property Details for 3/5 North Shore Dr, Patterson Lakes

3/5 North Shore Dr, Patterson Lakes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 238m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Townhouse
Year Built
2005
Floor Size
94m2
Land Size
238m2
Local Government
Kingston
Lot/Plan
909A/PS337700

Last Listing description (July 2025)

Enjoy a resort style living from this smartly appointed and beautifully presented 2-bedroom plus study apartment right in the heart of Patterson Lakes.
Beyond a secure gated entry, the apartment is located in the desirable position adjacent to the famous North Shore Drive Complex amongst million-dollar homes.

Span over 2 levels, the apartment features stylish interior spaces, an open plan living and a master bedroom spills out to a generous balcony, perfect for relaxing at the end of a long day.

Gleaming stone bench tops and premium stainless-steel appliances enhance your kitchen with plentiful storage, glass splash back and broad breakfast bar will tick all the boxes.
The two bedrooms, both with built in robes share the large sparkling central bathroom.

Split system heating/cooling and 1 large single car garage with internal access and storage space conclude an exceptionally appealing stress free offering whether you're a young professional or young family wanting to break into the market, this is an exciting opportunity in the ultimate lifestyle location.

Perfectly positioned within easy walking distance to Patterson Lakes shops, restaurants, cafes, Marina and walking trails, and only minutes to Carrum Station, Beach and transport.

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Property History for 3/5 North Shore Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$640,000
12 Nov 2021
Listed for Rent
$390/w
26 Aug 2016
  • 12 Nov 2021
    Sold for $640,000
  • 06 Oct 2021
    Listed for Sale $585,000- $643,500
  • 15 Jun 2020
    Sold for $482,000
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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 4,025 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 22.67% increase in median value, while Units have seen a 18.92% increase. As at 31 January 2026:

  • The median value for Houses in Patterson Lakes is $1,359,773 while the median value for Units is $687,273.
  • Houses have a median rent of $750 while Units have a median rent of $638.
There are currently 17 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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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