514/109 Mcleod Road, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

514/109 Mcleod Road
Patterson Lakes VIC 3197

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 1681m2
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Property Details for 514/109 Mcleod Rd, Patterson Lakes

514/109 Mcleod Rd, Patterson Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 1681m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2018
Floor Size
82m2
Land Size
1681m2
Local Government
Kingston
Lot/Plan
516P/PS337700

Last Listing description (March 2021)

Sitting atop the renowned pier one apartment building enjoy generous internal living overlooking the serene Patterson Lakes Marina.

A rare opportunity featuring 2 bedrooms and 2 bathrooms in a chic modern group positioned with prime views on the waterfront perfect for entertaining.


Stylishly finished throughout and featuring stainless appliances, reverse cycle air conditioning (2) a secure garaged car space and a large terrace this apartment forms the perfect home for first home buyers and downsizers. Include gym and pool access in an already cost-effective owners corporate and this one will be sure to tick every box!

Keep an excellent potentially on-going tenant. Invest in a unique waterside way of life with the Cove Hotel and Harbor Plaza shopping almost at the door, the station and beach within 1.5km by road and the bay just a quick motor down the Patterson River!
For more information about this waterfront entertainer, contact Aidan Oke at Buxton Mentone on 0430 137 587

Property History for 514/109 Mcleod Rd, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$505,000
05 Jan 2021
Listed for Rent
$420/w
31 Oct 2019
  • 05 Jan 2021
    Sold for $505,000
  • 13 Nov 2020
    Listed for Sale Under Contract
  • 14 Jan 2020
    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 4,030 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 13 properties listed for sale, and 11 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.