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 › Coral Island Ct
$3,200,000
Last sold
5 Sept 2025
6
Bedrooms
3
Bathrooms
4
Car spaces
772 m²
Land
50 m²
Building
Districts View
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
$3,200,000
5 Sept 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
+154.0%
Median sale
Suburb $1,260,000
-1.51 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 SalesPerfectly positioned in the bowl of an exclusive paved court, this magnificent waterfront home enjoys a stunning sandy beach, private boat mooring, jet ski dock, swimming pool, and breathtaking views across "the pond" - arguably Patterson Lakes most highly sought after and picturesque sandy beach waterfront setting.
This peaceful, family-friendly court - where children still ride their bikes and neighbours wave hello - captures the very essence of waterfront community living in Patterson Lakes.
Showcasing approximately 50 squares of seamless indoor-outdoor living, this home offers exceptional accommodation, headlined by a spectacular waterfront master retreat and complemented by a versatile ground-floor bedroom with independent access.
Your waterfront lifestyle is complete with a concrete floating boat mooring, an additional jet ski dock, and a beautiful deep sandy beach stretching across your 26 meters of prime waterfront - the perfect place for the kids to play. Everything is ready for endless days of fun in the sun and on the bay.
Highlights include:
• Expansive open-plan waterfront living, dining, and entertaining zones, complete with a full bar, cozy wood fireplace, underfloor heating, and floor-to-ceiling windows that seamlessly connect to the alfresco, pool, gardens, and sandy beach.
• Solar and gas-heated swimming pool for year-round enjoyment.
• Centrally positioned, open-plan entertainer's kitchen with stone benchtops, a welcoming breakfast bar, expansive butler's pantry, Miele built-in coffee machine, and induction cooktop.
• Dedicated theatre room, perfect for movie nights that is conveniently serviced by the bar.
• Show-stopping, oversized waterfront master suite with waterfront balcony, luxurious sitting area, and generously appointed ensuite with double shower, spa bath and dual vanities.
• Vast upstairs waterfront living room with balcony capturing sweeping views over "the pond"
• Three additional double bedrooms upstairs, each with walk-in robes, providing superb family accommodation.
• Ground-floor bedroom with built-in robes and private access, enjoying convenient use of the full ground-floor bathroom featuring dual vanities and a spa bath - ideal for independent teens or visiting guests.
• A front study that can easily function as a sixth bedroom if required.
Additional features include:
• Double garage with internal access and roller door through to the rear and jet ski bay.
• Additional front parking space suitable for a caravan.
• Slab floor heating throughout the ground floor, with split systems downstairs.
• Refrigerated cooling and heating upstairs.
• Intercom and security system with surveillance cameras.
• Ducted vacuum system.
This is more than just a home - it's a rare and remarkable waterfront lifestyle opportunity that will be hard to beat.
For private sale by Justin Maher phone 0411 311 722
Listing description written by Justin Maher, Asset Property Sales — reproduced as published, not verified by Districts.
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