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 › Bream Bay
4
Bedrooms
3
Bathrooms
4
Car spaces
354 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Patterson Lakes (last 5 years) with land size have a median of $2,648/m² of land (n=40). 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.
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 SalesThis near-new, architecturally designed 36m² masterpiece is perfectly positioned on a sandy beach along the main canal. Offering breathtaking water views, this home seamlessly blends style, quality, and convenience-ideal for families or professionals seeking an extraordinary sea change. With high ceilings and premium fixtures throughout, experience waterfront living at its finest.
Key Features:
Multiple Living: The ground floor boasts an open-plan lounge and dining area with stunning canal views, with a cozy gas log fire, while a second living area upstairs features a kitchenette. Both the waterfront deck and the master bedroom balcony offer serene water views.
Gourmet Kitchen: The sleek, modern kitchen is a chef's delight, featuring a 3.8m Caesarstone island with an induction cooktop, separate gas wok burner, 70cm electric oven, instant boiling water unit, integrated dishwasher, walk-in pantry, and a plumbed fridge.
Masterful Design: Two master bedroom options leave you spoiled for choice. The expansive waterfront main suite offers a stunning private retreat, complete with spacious walk through robes and a luxurious ensuite with a freestanding tub for ultimate relaxation. A downstairs master bedroom option is also available, featuring a full bathroom and side patio.
Spacious Bedrooms: Two additional bedrooms with plush carpeting, one with a walk-in robe, serviced by a stunning family bathroom with a bath.
Advanced Garage: The remote 3-stage double garage is thoughtfully programmed for pet, parcel, and pedestrian access, with an EV charger connection ready for your hybrid vehicle.
Top Efficiency: This home is designed for maximum comfort and energy efficiency, featuring 7-star split-system heating and cooling throughout, double-glazed windows, a 5000L water tank, a high-output solar power system, and EV charge connections in the garage.
Tech-Ready: Stay secure with an advanced integrated security system, and stay connected with high-speed internet throughout the home, including CAD 6 cabling, meeting all your modern needs.
Enjoy a short stroll to the waterfront Cove Hotel
Excellent schools, the picturesque Patterson River, and stunning beaches are all within walking distance, making this the perfect sea change opportunity at an unparalleled waterfront address.
Listing description written by Justin Maher, Asset Property Sales — reproduced as published, not verified by Districts.