38A Old Wells Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

38A Old Wells Road
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 315m2
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Property Details for 38a Old Wells Rd, Patterson Lakes

38a Old Wells Rd, Patterson Lakes is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 315m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1998
Floor Size
115m2
Land Size
315m2
Local Government
Kingston
Lot/Plan
1/PS418088

Last Listing description (July 2019)

The epitome of low-maintenance single level living which is matched by a fantastic location in the picturesque Patterson Lakes, this 3 bedroom corner home delivers on all fronts and is a perfect option for first home buyers, young families, and downsizers.
Smart and spacious, easy care and tastefully styled, this home promises sizeable lounge and dining zones, kitchen with ample bench space and quality appliances including a stainless steel dishwasher, extra-large bedrooms with built-in robes, well-appointed bathroom with separate toilet, undercover outdoor entertaining area ideal for summer BBQs, rear courtyard and garden, ducted heating, evaporative cooling, rainwater tank, single garage, and additional off-street parking.
Enjoy this superb location close to Patterson Lakes Primary School, Patterson Lakes Kindergarten Centre, Patterson Lakes Recreation Reserve, Patterson Lakes Community Centre, local shops including Coles and Woolworths supermarket, local buses, Carrum Station, and Mornington Peninsula Freeway.

Property History for 38a Old Wells Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$530,000
04 Jul 2019
  • 04 Jul 2019
    Sold for $530,000
  • 23 May 2019
    Listed for Sale Not Disclosed
  • 02 Feb 2013
    Sold for $375,000
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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 4,025 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 25 properties listed for sale, and 12 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 149 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.