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 › Swallow Ct
$2,600,000
Last sold
4 Apr 2026
4
Bedrooms
2
Bathrooms
9
Car spaces
747.18 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
$2,600,000
4 Apr 2026 · 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
+106.3%
Median sale
Suburb $1,260,000
-1.28 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 SalesTucked away in a quiet court, this exceptional waterfront home strikes the perfect balance of space, style, and resort-inspired luxury.
With two moorings, a versatile six-car garage/workshop, a separate boat or caravan bay, and dual main bedrooms (one on each level), every element has been thoughtfully designed to support flexible living, modern family needs, and multi-generational lifestyles.
The alfresco kitchen, overlooking the sparkling pool and tranquil waterway, creates an inviting setting for everyday family enjoyment and effortless year-round entertaining.
Property Highlights
• Impeccably designed, the home features two highly sought-after main bedrooms - one on each level - each complete with walk-in robes and ensuites
• An expansive waterfront master suite crowns the upper level, offering exceptional space and seamless indoor-outdoor living with bi-fold concertina doors opening to a private balcony. A beautifully appointed dressing room and a luxurious oversized ensuite complete this serene retreat
• Stylish kitchen and meals area with soaring ceilings, sleek stone benchtops and premium appliances
• Multiple indoor and outdoor living zones showcasing stunning water views throughout
• Elegant formal living and dining rooms complemented by a gas log fireplace
• Spacious waterfront family rumpus room, ideal as a games room or kids' retreat
• Dedicated wine cellar and bar, perfect for entertaining
• Stunning all-seasons alfresco, ideal for cooking every meal with a built-in BBQ and rangehood. Also enjoy the expansive waterfront deck
• Sparkling in-ground pool with waterfall
• Two moorings - perfect for accommodating both your boat and the jet skis, with the main mooring powered for convenience
• An extra-large garage with capacity for up to six vehicles, offering incredible flexibility for storage, workshop space or hobbies - plus a dedicated bay for your boat or caravan
• Enjoy year-round comfort and energy efficiency with 5kW solar panels, ducted heating, and split-system cooling
Offering flexibility for families, guests, and multi-generational living-wrapped in a premium waterfront setting-this remarkable residence presents a rare opportunity to secure a lifestyle most only dream of.
For sale by set date (unless sold prior) Offer close 5pm Monday 9th February 2026
Call Justin Maher on 0411 311 722 to arrange your private viewing.
Listing description written by Justin Maher, Asset Property Sales — reproduced as published, not verified by Districts.