313/109 Mcleod Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
FOR SALE

313/109 Mcleod Road
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 1680m2
This property is currently on the market
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Property Details for 313/109 Mcleod Rd, Patterson Lakes

313/109 Mcleod Rd, Patterson Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1680m2 and floor size of 103m2.This Property is currently listed for sale with The Avenue Property Co

Building Type
Unit
Year Built
2000
Floor Size
103m2
Land Size
1680m2
Local Government
Kingston
Lot/Plan
315P/PS337700

Last Listing description (July 2026)

Positioned within the sought-after 'Pier 1' complex, this well-appointed apartment delivers a lifestyle that feels both connected and relaxed. With Patterson Lakes' waterways, cafs, shopping, and transport all within easy reach, the home offers an effortless balance of everyday convenience and low-maintenance living.Designed with comfort and functionality in mind, the apartment features two generously sized bedrooms, two bathrooms, secure car accommodation and a storage cage, making it equally suited to owner-occupiers, professionals, or investors looking for a strong foothold in one of Melbourne's most tightly held bayside pockets. Natural light filters throughout the living spaces, with a great outlook to the marina. Residents also enjoy access to a range of lifestyle amenities within the complex, including a swimming pool, gymnasium, and rooftop tennis court - adding to the sense of ease and community that defines living in Patterson Lakes.Key Features 2 spacious bedrooms with built-in robes 2 bathrooms, including an ensuite to the main bedroom Open-plan living and dining area + study nook Well-equipped kitchen with ample storage Split-system heating and cooling Large entry hall Secure lift access Secure car space plus storage cage + visitor parking Intercom and secure building access Access to residents' pool, gym and tennis court Low-maintenance lock-and-leave lifestyleLocation Highlights Moments from Patterson Lakes Marina and surrounding walking trails Close to Patterson Lakes Shopping Centre, cafs and local dining options Easy access to Currum railway station for direct CBD travel Nearby access to EastLink and major arterial roads Minutes from Carrum Beach and surrounding foreshore reserves Zoned for local schools, including Patterson Lakes Primary School and Patterson River Secondary College Close to Carrum Patterson Lakes Sports Club and recreational facilities Surrounded by parks, wetlands, and bike paths that enhance the bayside lifestyle appealFrom an investment perspective, the apartment presents a compelling opportunity with an estimated gross rental yield of approximately 5.2%. Combined with the area's consistent demand, lifestyle-driven location and low-maintenance appeal, it offers strong long-term potential for investors seeking both stability and future growth within a highly liveable bayside setting.Whether you're searching for a home that simplifies everyday living or an investment in a location people genuinely enjoy being part of, this apartment delivers a lifestyle centred around convenience, connection and the relaxed atmosphere Patterson Lakes is so well known for.For more information or to arrange a viewing time, contact: George Bornyan - 0411 352 222Jed Polglaze - 0409 785 537

Property History for 313/109 Mcleod Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$545,000
01 Aug 2021
Listed for Rent
$560/w
28 Oct 2024
  • 27 May 2026
    Listed for Sale $540,000 to $568,000
  • 23 Aug 2024
    Listed for Rent $560 / week
  • 22 Aug 2023
    Listed for Rent $520 / week
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About 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 4,027 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 11.12% increase in median value, while Units have seen a 7.41% increase. As at 30 June 2026:

  • The median value for Houses in Patterson Lakes is $1,358,371 while the median value for Units is $706,037.
  • Houses have a median rent of $880 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 146 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.