It is comprised predominately of new upper middle-class homes,
with some houses pricing up to $4 million.
The median price here is $600,000, which is brought down because of the fact that Patterson Lakes shares the same post code as Carrum.
Suburbs around Patterson Lakes: Bonbeach Chelsea Heights Bangholme Carrum Patterson Lakes Seaford Seaford Carrum Downs Population: 7235 (2006)[1] Postcode: 3197 Area: 4.2 km² (1.6 sq mi)
LGA: | City of Kingston |
State District: | Carrum |
Federal Division: | Isaacs |
Stockdale & Leggo (real estate agency) says "Patterson lakes offers a unique waterfront lifestyle opportunity you could only dream of less than 45 minutes to the CBD and now the East Link Freeway is complete we believe prices will rise and with its array of properties and prices it allows many to enjoy the holiday atmosphere.
People are truly amazed when they inspect properties in Patterson lakes as many think of it being only Lakes.There are three lakes as well the canal system with the boat moorings & access to Port Phillip Bay blows them away."