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 3.7% and has experienced a 12-month capital growth of Up 11.4%, with a median house buy price of $1,336,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$877,500
$1,164,000
$1,650,000
$1,336,500
Suburb Market Profile
Last month Patterson Lakes had 15 properties available for rent and 57 properties for sale. Median property prices over the last year range from $1,336,500 for houses to $742,500 for units. If you are looking for an investment property, consider houses in Patterson Lakes rent out for $848 PW with an annual rental yield of 3.7% and units rent for $640 PW with a rental yield of 4.0%. Patterson Lakes has seen an annual compound growth rate of 11.4% for houses and 16.0% for units.