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 › Lara Pl
$850,000
Last sold
22 July 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$850,000
22 July 2024 · derived via latest_sale
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
-32.5%
Median sale
Suburb $1,260,000
+1.20 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 Area Specialist VictoriaIt’s Addressed:
Nestled in a tranquil setting just a stone's throw away from Patterson River's picturesque riverside walking track, this charming home offers a blend of convenience and natural beauty. Enjoy leisurely strolls to Carrum Beach or explore the nearby parks, reserves and playgrounds that dot the area.
Positioned within the catchment zone for Patterson Lakes Primary School and Patterson River Secondary College, families are invited to come and view. Buyers will love being within a quick six-minute drive to the sparkling coastline and Carrum Beach.
There is a welcoming ambiance to this traditional triple-fronted single storey home, where a Spanish-inspired entry portico with an elevated ceiling, tiles and an arched window above the entry door sets a stylish tone. The fully rendered and painted exterior is complemented by large awning windows that fill the interiors with natural light. A neatly manicured lawn and easy maintenance border gardens surround the property, while a long paved driveway leads to a double lock-up garage with an automatic Colorbond paneled door.
Inside, the home unfolds with an inviting open-plan design encompassing two spacious living and dining zones, perfect for family living and entertaining guests. The property presents an excellent opportunity for those with an eye for renovation, yet is move-in ready with its meticulous upkeep and presentation. Enjoy year-round comfort with ducted heating throughout and air conditioning in the main living room, complemented by modern LED down lights.
The sunny and spacious kitchen is designed for avid home chefs and entertainers alike. Featuring light oak-look laminate cabinetry and 40mm rounded edge countertops, the space vaunts a large sliding servery window that connects to the outdoor entertaining space. Quality appliances include a dishwasher, electric oven and gas cooktop.
There are three well-sized bedrooms, each finished with plush carpeting and built-in robe storage. The main bedroom boasts a walk-in robe and a private ensuite. Both bathrooms maintain their original coastal-themed finish, featuring contrasting sand and ocean blue wall tiles, spindle tap ware and plenty of vanity storage. The main bathroom provides a relaxation space with a hob bathtub.
Contact us today to secure your private inspection and experience the lifestyle this home has to offer!
Property specifications
• Traditional single storey design with generous living areas
• Double lock-up garage, long paved driveway
• Spacious courtyard ideal for outdoor entertaining
• Ducted heating, air conditioning, modern LED down lights
• Close proximity to schools, parks, beaches, shopping options
For more Real Estate in Patterson Lakes, contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Andy Choi, Area Specialist Victoria — reproduced as published, not verified by Districts.