Patterson Lakes 3197
Market analysis for investment properties in Patterson Lakes
Median Price
$1,338,000
Trend:Accelerating
+11.0%
Median Rent
$845/pw
Trend:Steady
+4.3%
Rental Yield
3.28%
Trend:Decelerating
-6.3%
Median DoM
17 Days
Trend:Decelerating
-81.5%
Market Analysis
Why investors are watching Patterson Lakes right now.
In Patterson Lakes, Victoria, there is the Patterson Lakes Shopping Centre which offers a variety of retail stores and dining options, providing convenience for residents. The suburb also has a few local shops scattered throughout the area.
There are both primary and secondary schools located in or near Patterson Lakes, such as Patterson Lakes Primary School and Carrum Downs Secondary College, ensuring access to education for families living in the area.
Patterson Lakes is well-connected to the Melbourne CBD by public transportation. The nearest train station is Carrum Station, which provides easy access to the city via the Frankston line. Additionally, there are bus services available throughout the suburb for further transportation options.
The suburb of Patterson Lakes boasts scenic waterways and parklands, offering residents a tranquil setting with ample greenery. The Paterson River runs through the area, providing beautiful views and recreational opportunities for residents to enjoy.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
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See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Patterson Lakes often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Patterson Lakes be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Patterson Lakes, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the Patterson Lakes property market in 2026.
As of March 2026, the Patterson Lakes property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 11.04% and units have grown by 3.43%. These figures reflect the evolving demand within Kingston, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Patterson Lakes range from $1,338,000 for houses to $708,500 for units. These values are calculated based on recent transaction data and current buyer activity across the Kingston region.
For investors targeting cash flow, houses rent for $845 /pw with a 3.28% yield, while units rent for $630 /pw with a 4.62% yield. This rental performance is a key indicator of strong tenant demand within the Patterson Lakes area.
Market Insights Last Updated: March 2026