8 Ocean Reef Drive, Patterson Lakes, VIC 3197 | Property Value & History | OnTheHouse
OFF MARKET

8 Ocean Reef Drive
Patterson Lakes VIC 3197

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Land area: 796m2
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Property Details for 8 Ocean Reef Dr, Patterson Lakes

8 Ocean Reef Dr, Patterson Lakes is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 796m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Land Size
796m2
Local Government
Kingston
Lot/Plan
482/LP210437

Last Listing description (March 2017)

**This property is under contract** This architecturally designed home provides a waterfront lifestyle high in demand. Designed specifically for the waterfront, this property shows off its stunning beach and water views from every angle. Meticulously renovated and modernised throughout, this very sought after single level home will amaze every time you wake up each morning, greeted by the majestic views of the waterway. Excellent floor plan with Blackbutt timber flooring, stunning kitchen including quality European stainless steel appliances, Miele dishwasher, 900 mm Ilve electric oven with matching gas cook top and rangehood all handmade, complemented by 50mm stone bench tops and fantastic butler's pantry. Massive kitchen/dining overlooking a beautifully maintained garden with long water views, further large living area caters for everyone including space for the largest of TV s. Master bedroom with walk through robe are fitted out to the highest standard. Every woman s dream! Large newly renovated en-suite with spa bath, stone bench tops and shower. Boasting two further bedrooms with robes and a shared top end bathroom with 6 star fit out . Open up the double stacker doors that invert into the wall on both sides and a further large alfresco living area appears, an unbelievable expansion of this perfect home. Fitted with its own fan, fridge, wet bar, 2 gas BBQ s securely enclosed by pristine cafe blinds, catering for all your large or intimate entertaining needs all year round. Over size double garage with extra tool/storage room. Further room out front could be used for possible carport (STCA) room for a boat or a van. Walking distance to schools, cafes, restaurants, local beaches, major supermarkets and great access to Eastlink and Peninsula Link freeways. Across the road you have a massive parkland, preschool and milk bar. Moor your boat right out the back with water outlet, power supply and enjoy the relaxed lifestyle this residence offers.

Property History for 8 Ocean Reef Dr, Patterson Lakes, VIC 3197

A timeline of how this property has performed in the market
Last Sold
$1,500,000
22 Jul 2016
  • 22 Jul 2016
    Sold for $1,500,000
  • 09 Jul 2016
    Listed for Sale Under Contract
  • 12 Dec 1991
    Sold for $225,000
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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 4,026 properties. Over the last 5 years, Houses in Patterson Lakes have seen a 11.12% increase in median value, while Units have seen a 7.41% increase. As at 30 June 2026:

  • The median value for Houses in Patterson Lakes is $1,358,371 while the median value for Units is $706,037.
  • Houses have a median rent of $880 while Units have a median rent of $650.
There are currently 25 properties listed for sale, and 12 properties listed for rent in Patterson lakes on OnTheHouse. According to Cotality's data, 146 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.