Patterson Lakes is a unique canal estate community where over 100km of navigable waterways connect to Port Phillip Bay, creating Melbourne's premier boating and waterside lifestyle at the edge of the Frankston corridor. Waterfront properties with private jetties command strong premiums. At the current $1.05m median house price, an 80% loan at 6.25% over 30 years is about $5,172 per month.
| Median house price | $1,050,000 |
|---|---|
| Median unit price | $680,000 |
| Estimated monthly repayment | $5,172 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 3.9% |
| Typical days on market | 15 |
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