506/109 Mcleod Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

506/109 Mcleod Road
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Jun 2026
Low

High
Save

Property Details for 506/109 Mcleod Rd, Patterson Lakes

506/109 Mcleod Rd, Patterson Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2017
Local Government
Kingston
Lot/Plan
506P/PS337700

Last Listing description (July 2021)

The ultimate lifestyle location

Please Register for the Inspection Appointment Time.

Live the high life from this sun filled top floor apartment in the highly sought-after Pier One Complex.

Situated in the Marina Precinct with gorgeous views to the boat filled Main Marina from your living and outdoor areas, this is not to be missed by first home buyers, downsizers, investors wanting a great return and tax depreciation or retires with the luxury of having a lift take you to the apartment from your secure parking and private foyer.

The apartment also comes with exclusive access to resort style facilities including rooftop tennis court, pool and gym access with the best marina views.
The apartment includes everything required for a relaxed lifestyle with integrated appliances, remote control heating and air-conditioning, smart storage solutions and a host of high quality appointments including stone bench tops. A desk, walk-in-robe and an ensuite to the spacious master bedroom, built-in-robes to bedroom 2 and second bathroom.
The appartment also includes secure car park and storage cage.

Ideally positioned only a short distance from CBD via Eastlink, Pier One offers a waterfront lifestyle, close to the beach and Port Phillip Bay, public transport, bike/walking tracks adjacent to Patterson River, fine dining and entertaining and many other amenities including 2 major supermarkets not to mention stunning Cove Hotel for exclusive waterfront dining, dry dock and water based boat moorings.

Property History for 506/109 Mcleod Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$510,000
25 Jun 2021
  • 25 Jun 2021
    Sold for $510,000
  • 12 Dec 2020
    Listed for Sale $515,000 - $520,000
  • 13 Feb 2018
    Listed for Rent $460.00 per week
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 4,023 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 14.06% increase in median value, while Units have seen a 13.39% increase. As at 31 May 2026:

  • The median value for Houses in Patterson Lakes is $1,368,873 while the median value for Units is $733,258.
  • Houses have a median rent of $823 while Units have a median rent of $650.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 150 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
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.