42 Pier One Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

42 Pier One Drive
Patterson Lakes VIC 3197

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 272m2
Land area: 190m2
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Property Details for 42 Pier One Dr, Patterson Lakes

42 Pier One Dr, Patterson Lakes is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2006. The property has a land size of 190m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2006
Floor Size
272m2
Land Size
190m2
Local Government
Kingston
Lot/Plan
1165/PS337700

Last Listing description (December 2020)

**This property is available to be viewed by appointment**
Set amongst some of the most prestigious real estate is this four storey home with quality appointments and an abundance of accommodation so few offer. Four car oversized garage large enough to hold a multitude of vehicles plus room for the home office or workshop, perfect for those looking for that extra bit of room. Elevator to all levels including brilliant rooftop deck with commanding views. Ground floor inspired by a casual living area and bathroom facilities, leads out to entertaining area, private mooring with automated sun shade extending the full width of balcony for those leisurely afternoons.
First floor is grand living at its finest. Quality stone kitchen placed perfectly for best views, making cooking and entertaining a pleasure. Large meals/ dining area with a further balcony to enjoy further views of the picturesque main canal. Fully serviced by reverse cycle heating and cooling throughout and a beautiful gas fireplace perfectly positioned for those cooler nights. The second floor accommodation hosts huge master bedroom with stylish ensuite and full walk in robe. Two further large bedrooms share a main bathroom with quality at the fore. Arguably one of the best features of this home is the roof top deck. With a host of views including the coastline, riverbank and nightlights, this abundance of space will provide you with all your entertaining needs.

Pier One is a secure gated development, perched at the entrance to Patterson River, offering the boating enthusiast the quickest access to Port Phillip Bay available. The ideal property to lock up and go and so central to all amenities including The Cove Hotel, Patterson Lakes Shopping Centre with its major supermarkets, fantastic restaurants, cafes, library and the brilliance of Patterson River.

Property History for 42 Pier One Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$1,450,000
14 Oct 2020
  • 14 Oct 2020
    Sold for $1,450,000
  • 16 Oct 2018
    Listed for Sale $1,660,000-$1,820,000
  • 28 May 2015
    Sold for $1,225,000
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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 4,030 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 37.40% increase in median value, while Units have seen a 25.67% increase. As at 30 November 2025:

  • The median value for Houses in Patterson Lakes is $1,366,139 while the median value for Units is $697,877.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 158 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.