5/7-11 Ocean Reef Drive, Patterson Lakes, VIC 3197 sold on 14 February 2026 | OnTheHouse
SOLD
Sold on 14 Feb 2026 - Price Unavailable

5/7-11 Ocean Reef Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Save

Property Details for 5/7-11 Ocean Reef Dr, Patterson Lakes

5/7-11 Ocean Reef Dr, Patterson Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Townhouse sold in Patterson Lakes in the last 12 months.

Building Type
Townhouse

Last Listing description (February 2026)

Welcome to 5/7-11 Ocean Reef Drive, a modern townhouse designed for comfort, space, and effortless entertaining in the heart of Patterson Lakes. Offering two levels of thoughtfully zoned living, this three-bedroom, two-bathroom home enjoys a seamless indoor-outdoor lifestyle and a prime location moments from shops, schools, parkland, and public transport.

Step inside and be greeted by the warmth of hardwood timber floors flowing throughout the ground floor, where an open plan kitchen, living and meals area create the heart of the home. Sliding glass doors open to a sun-filled alfresco, perfect for morning coffees or relaxed entertaining under the canopy of established trees that provide privacy and natural serenity.

The stylish kitchen is appointed with luxurious benchtops, a gas cooktop and oven, a sleek glass splashback, and dishwasher. Thoughtfully designed for daily ease and function, the layout also includes a full laundry, a separate powder room downstairs, and internal access from the single remote garage.

Upstairs, plush carpet leads to a second living/family area that provides valuable flexibility as a retreat, study, or media zone. The master bedroom is a private haven with built-in robes and a tiled ensuite, while the two additional bedrooms both include built-in robes and share a central bathroom with bath, shower, and separate toilet.

With modern comforts like evaporative air conditioning, ducted heating, contemporary lighting, and secure garage parking, this home is a brilliant choice for families, professionals, or investors seeking low-maintenance luxury in a sought-after bayside setting.

Located just a short stroll from shops, cafes, parks, and excellent schools, with easy access to the freeway, local walking tracks, beaches, and boat ramps - the best of Patterson Lakes living is right on your doorstep.

For further information contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911.

Property History for 5/7-11 Ocean Reef Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
14 Feb 2026
  • 14 Feb 2026
    Sold for $800,000
  • 16 Jan 2026
    Listed for Sale $700,000 - $750,000
  • 06 Feb 2012
    Sold for $381,000
Sign in to see more transactions
Commute Calculator

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 27 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

Market Insights
Patterson Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Patterson Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Shane O'Sughrue
Show contact details
agent headshot
Roland Johnson
Show contact details
Ray White Chelsea
Preferred contact:
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.