50/5 Thompson RoadPatterson Lakes VIC 3197
Property Details for 50/5 Thompson Rd, Patterson Lakes
50/5 Thompson Rd, Patterson Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 6100m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (May 2022)
Luxuriously finished and privately positioned, this two-bedroom apartment within the gated Palm Cove apartment complex boasts opulent touches, open space, shared pool and gymnasium and unrivalled convenience to Patterson Lakes' most desirable amenities, including waterfront pedestrian access to the adjacent Lakeview Shopping Centre.
Featuring an open plan living and dining space, with abundant natural light filtering from outside. A spacious kitchen boasts gas cooking, dishwasher and a wealth of storage, invaluable for comfortable apartment living. The two spacious bedrooms have built-in robes, the master with direct access to the spacious bathroom/laundry. The low maintenance landscaped entertainment area provides an idyllic place to relax with a morning coffee and paper.
Finished with split-system air conditioning, secure entry, direct single garage access and a rare extra parking space, this stunning apartment sits metres from the best that Patterson Lakes has to offer, including Gladesville and Lakeside shopping, Patterson Lakes PS, Patterson River and the riverside walking track, 708/833 buses, Frankston Freeway and the beautiful Carrum beach.
Property History for 50/5 Thompson Rd, Patterson Lakes, VIC 3197
- 08 Feb 2022Sold for $532,200
- 18 Oct 2021Listed for Sale $510,000 - $540,000
- 20 Sep 2021Listed for Rent - Price not available
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0About 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 4,024 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 22.67% increase in median value, while Units have seen a 18.92% increase. As at 31 January 2026:
- The median value for Houses in Patterson Lakes is $1,359,773 while the median value for Units is $687,273.
- Houses have a median rent of $750 while Units have a median rent of $638.
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