5 Lagoon Place, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
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5 Lagoon Place
Patterson Lakes VIC 3197

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
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Property Details for 5 Lagoon Pl, Patterson Lakes

5 Lagoon Pl, Patterson Lakes is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2000. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
House
Year Built
2000
Local Government
Kingston
Lot/Plan
3/PS307097

Last Listing description (August 2024)

Inspect Via Private Appointment Only

Inspections available via private appointment; please contact Vanda Kaye on 0409 132 165, Stavros Ambatzidis on 0409 708 000 or Ashley Patane on 0417 686 519.

Set against a stunning backdrop of the Patterson Lakes' canal, on a coveted private sandy beach, this custom-built waterfront residence will impress. Crafted to the highest of standards using rare materials sourced from around the globe, this timelessly elegant home, with boat mooring and heated pool/spa, presents buyers with an exceptional lifestyle most can only dream of.

- Upon entry, soaring ceilings, an intricate mosaic feature and beautiful chandeliers set the scene. Dotted with custom wrought iron detailing and James Hardy columns, coated with bladed lime and bees wax, a rare sense of grandeur is accomplished.

- Head past the formal sitting room, and through ornate, handmade double doors into the primary living, dining, and kitchen areas, all enjoying impressive water views. Equipped with stainless steel appliances, granite benchtops, walk-in pantry and bar, the kitchen is centrally placed for indoor-outdoor dining. Entertain poolside via the gorgeous undercover alfresco; stretching across the rear of the home and taking in a stunning outlook over the pool and spa and beyond to the canal, this may quickly become your favourite area of the home.
- 5 robed bedrooms are spaced throughout the property, including fabulous master suite featuring glorious water views, luxurious ensuite and walk in wardrobe. The sunny, oversized balcony offers a beautiful setting to enjoy your morning coffee, while the spacious home gym/multi-purpose room allows the new owners to utilise as required. A spacious gallery with Hebel flooring controlling sound, and a gorgeous terrace completes the upstairs floor plan, accessible via the exquisite 150-year-old recycled blackbutt staircase.
- Framed by mature gardens, this home is further enhanced with a triple lockup garage with kitchenette and workshop, front holding yard to accommodate boat and trailer, plus boat mooring. This luxurious property is complete with full laundry, under stair cellar/storage, gas log fireplace, split systems, and evaporative cooling.

Occupying a position that only few get to experience, this property is in one of Patterson Lakes' most sought-after pockets, with a private sandy beach at your doorstep and close proximity to shops, public transport, and popular restaurants, while highly regarded schooling options are within easy reach.

Property History for 5 Lagoon Pl, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$1,600,000
03 Mar 2013
  • 26 May 2023
    Listed for Sale Contact Agent
  • 29 Sep 2005
    Listed for Sale 1460000
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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 34.24% increase in median value, while Units have seen a 23.05% increase. As at 31 December 2025:

  • The median value for Houses in Patterson Lakes is $1,400,037 while the median value for Units is $701,968.
  • Houses have a median rent of $750 while Units have a median rent of $630.
There are currently 15 properties listed for sale, and 10 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.