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 › The Blvd
$1,285,000
Last sold
6 Dec 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
240 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
$1,285,000
6 Dec 2021 · 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
+2.0%
Median sale
Suburb $1,260,000
-0.05 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 Hodges Mentone / ChelseaLive a lifestyle beyond compare from this exceptional, meticulously renovated 3-bedroom home with boat mooring in the securely gated and exclusive Whalers Cove.
Finished to an exacting standard throughout, its luxurious sunlit interiors & enviable outdoor room have been crafted to please & display incredible attention to detail at every turn. From the sophisticated and elegant European parquetry oak floors, high quality carpets and plantation shutters to the custom designed cantilevered water & fire feature, every inclusion has been carefully selected by the current vendors to create an idyllic sanctuary in every sense. Highlights include a sun-swept lounge and dining room plus first-class granite kitchen with premium appliances, while clear edge stackable doors extend the living outside to the fabulous alfresco area that has to be seen to be believed. Centred around the water/fire feature (by Formation Landscaping), this fabulous zone boasts a weather-sensitive louvred roof & electric café blinds along with built-in Smeg barbeque in striking concrete surrounds, bar fridge, concrete entertainer’s bar and heat strips – designed with entertaining in mind, this sensational area is sure to impress and is a space that can be used all year round.
Three serene bedrooms are all positioned upstairs – including the tranquil master with water views, extensive built-in storage and lavishly-appointed ensuite. An equally stylish main bathroom services the remaining bedrooms (both with built-in robes) while a guest powder room is also offered.
Showcasing a host of high-end inclusions only a visit will uncover, this stunning home also boasts ducted heating, refrigerated cooling, ducted vacuum, garden irrigation and double garage with Epoxy flooring and built-in workbench.
The ultimate lifestyle locale, Whalers Cove enjoys direct water access to Patterson River and is just moments to the retail & dining attractions of Lakeview Shopping Centre, The Cove and bus stops while Carrum station, cafes and the beach are all within easy reach.
For all enquiries please contact Michael Hall 0434 862 640 Hodges Mentone/Chelsea.
Listing description written by Michael Hall, Hodges Mentone / Chelsea — reproduced as published, not verified by Districts.