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
$920,000
Last sold
6 June 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
283 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
$920,000
6 June 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
-27.0%
Median sale
Suburb $1,260,000
+0.92 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 serene pocket of Whalers Cove within Patterson Lakes' highly sought-after and impeccably maintained waterfront gated estate, this three-bedroom residence promises a tranquil, low-maintenance lifestyle-perfectly balancing privacy with everyday convenience.
Just steps from the main canal waterfront and the tranquil Patterson River with its picturesque walking trails, this home is ideal for those who enjoy scenic strolls with their dogs or invigorating morning jogs by the water. For those craving a bit more activity, the on-site tennis court adds to the appeal.
Featuring:
• Spacious front lounge area, ideal for unwinding after a long day.
• Light-filled rear meals area overlooking the garden, which seamlessly connects to a well-appointed kitchen featuring breakfast bar, a premium Westinghouse pyrolytic oven and cooktop.
• Effortless outdoor entertaining with a generous all-season alfresco space, complete with eco-friendly decking, strip heating, adjustable outdoor blinds, a TV outlet, and a ceiling fan-creating the ultimate spot for hosting guests or relaxing year-round.
• A full-sized laundry opening to a covered rear terrace and a private garden with lovely grassed area, ideal for the kids or pets.
• Master bedroom with a walk-in robe and direct access to a two way bathroom featuring a soaking tub.
• Two additional well-sized bedrooms and a separate toilet complete this thoughtfully designed level.
• Ducted heating and split-system air conditioning in both the bedrooms and lounge.
Additional features include a secure garage plus extra parking, and a prime location just moments from bus stops, Patterson River Shopping Centre, vibrant dining options, and the highly regarded local primary school. Carrum Beach is also just a short distance away.
This home is an exceptional opportunity to secure a low-maintenance, stylish, and secure lifestyle in one of Patterson Lakes' most desirable gated communities.
Phone Justin Maher on 0411 311 722
Listing description written by Justin Maher, Asset Property Sales — reproduced as published, not verified by Districts.