PATTERSON LAKES 3197
State: VICPosiProp AI Investment Summary
PATTERSON LAKES (VIC 3197) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 11.5%, with a median house buy price of $1,338,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$860,000
$1,268,000
$1,402,500
$1,338,000
Suburb Market Profile
Last month Patterson Lakes had 15 properties available for rent and 58 properties for sale. Median property prices over the last year range from $1,338,000 for houses to $750,000 for units. If you are looking for an investment property, consider houses in Patterson Lakes rent out for $995 PW with an annual rental yield of 4.2% and units rent for $650 PW with a rental yield of 4.4%. Patterson Lakes has seen an annual compound growth rate of 11.5% for houses and 9.5% for units.
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