502/109 Mcleod Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

502/109 Mcleod Road
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 1680m2
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Property Details for 502/109 Mcleod Rd, Patterson Lakes

502/109 Mcleod 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 1680m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2000
Floor Size
102m2
Land Size
1680m2
Local Government
Kingston
Lot/Plan
502P/PS337700

Last Listing description (April 2023)

*** Please Register for Inspection***

This near new ultra cool designer 2 bedroom penthouse style unit with sweeping views of the Patterson River and just a 9 minute walk to Patterson Lakes shopping village, local transport, great local schools & kinder's along with other great amenities. Featuring:
- Open plan kitchen including stainless steel appliances and dishwasher

- Private enclosed balcony with amazing river views
- European laundry
- Main bedroom with walk in robe
- 2nd Bedroom includes triple door robe
- Walk-in shower and separate powder room
- Sun blind plus block out blinds
- Heating /cooling
- Secure complex with basement car-parking and bonus storage cage
- Further visitor car parking
- Roof Top Tennis Court
- Access to enjoy the Marina gym & swimming pool at allocated times.
Positioned close to the new Carrum Rail Station, walking trails, supermarkets and the Mornington Peninsula freeway. Approx rental return $450pw and a highly sought after building.

Property History for 502/109 Mcleod Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$505,000
15 Feb 2023
Listed for Rent
$420/w
31 Aug 2021
  • 15 Feb 2023
    Sold for $505,000
  • 06 Dec 2022
    Listed for Sale $500,000 - $520,000
  • 04 Aug 2021
    Listed for Rent $420 / week
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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 4,031 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 15 properties listed for sale, and 10 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 160 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.