Investment property in Patterson Lakes has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.49%
A 39.33% growth in median value for property investors in Patterson Lakes,3197 puts this suburb at number 372th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Patterson Lakes itself are offering an average vendor discount of -4.28% to real estate investors.
VIC has seen average median house prices change by 4.28% which means that Patterson Lakes, 3197 has done well for property investors by showing a capital gain of -3.16% over the last year
Comparing Patterson Lakes,3197 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Patterson Lakes3197 is located in VIC which offers an average discount of -5.03% to property investors. Patterson Lakes itself is showing figures that indicate -4.51% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Patterson Lakes, 3197 is in the Kingston local government area.