Patterson Lakes at a glance
8,026
People
$1,260,000
Median sale
$603/wk
Median rent
2.49%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
VIC › Patterson Lakes › North Shore Dr
$2,155,000
Last sold
28 Nov 2025
5
Bedrooms
2
Bathrooms
4
Car spaces
248 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,155,000
28 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Patterson Lakes (last 5 years) with land size have a median of $2,575/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Patterson Lakes at a glance
8,026
People
$1,260,000
Median sale
$603/wk
Median rent
2.49%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Patterson Lakes
+71.0%
Median sale
Suburb $1,260,000
-1.03 pp
Gross yield
Suburb 2.49%
Suburb median $1,260,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $603/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Patterson Lakes at a glance
8,026
People
$1,260,000
Median sale
$603/wk
Median rent
2.49%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Asset Property SalesLive the ultimate marina lifestyle in this spacious and versatile, low-maintenance home, nestled within a secure, resort-style gated community between the Patterson River and the marina. Ideally positioned just a short stroll to the beach, shops, restaurants, and schools, this stunning home delivers the perfect blend of relaxed coastal living and everyday convenience.
Featuring four bedrooms plus a large study / possible 5th bedroom, with a grand waterfront main bedroom, this home offers expansive living zones, four waterfront balconies, a private courtyard, and a deep-water mooring, making it a dream come true for boating enthusiasts and water lovers alike.
Whether you're a seasoned sailor, just dreaming of your first boat, or simply enjoy jet skiing, kayaking, or paddleboarding, this home embraces every facet of waterfront living. With direct access to the tranquil Patterson River and swift passage to Port Phillip Bay, spend your days out on the water-or stay land-side and enjoy leisurely riverfront walks and marina views or relax on one of the many local bayside beaches.
Property Highlights:
• Spacious 3-Level Waterfront with dual water aspects-marina views at the front and Patterson River at the rear-enjoy sunrise and sunset panoramas daily.
• Expansive indoor living unfolds across multiple levels, with the open-plan main living area flowing effortlessly to a waterfront balcony-perfect for relaxed living or stylish entertaining. Downstairs, a separate lower-level living space with a built-in bar steps out to a private courtyard.
• Multiple Outdoor Living Zones including four balconies and a private courtyard-ideal for entertaining or soaking in the serene water views.
• Designer Kitchen overlooking the river with stone benchtops, premium freestanding SMEG oven, and a generous walk-in pantry.
• Luxurious Waterfront Master Suite featuring a private balcony overlooking the marina, oversized walk-in robe, and indulgent ensuite with dual vanities.
• Three additional bedrooms with built-in robes-two with balconies captivating river views-perfect for family or guests, plus a large ground floor study / 5th bedroom.
• Double garage plus storage with internal access along with off-street parking for two extra vehicles.
• Beautiful timber floors, ducted heating and cooling, ducted vacuum system, and quality finishes throughout.
• Deep water boat mooring which would house a large boat.
• Secure Gated Community offering peace of mind-ideal for lock-and-leave living if you're a frequent traveller.
This is your chance to own one of Patterson Lakes' most exclusive waterfront addresses-where every day feels like a holiday.
Contact Justin Maher on 0411 311 722
Listing description written by Justin Maher, Asset Property Sales — reproduced as published, not verified by Districts.