313/109 Mcleod Road, Patterson Lakes VIC 3197
313/109 Mcleod Road, Patterson Lakes VIC 3197
Corner apartment with 180-degree water views | 103mยฒ internal living space | Two bathrooms in a 2-bed configuration | Pier 1 complex waterfront setting
A corner position with expansive water views is considered a rare advantage in this apartment stock, giving the property a lifestyle edge that standard units in Patterson Lakes typically lack. The 103 square metres of internal space is generous for a two-bedroom apartment, and the second bathroom adds real convenience for couples, downsizers, or those hosting guests. This configuration serves buyers who prioritise outlook and low-maintenance living over land area, and it fits best with those seeking a waterfront-oriented home rather than a family house.
The value of this property may be shaped by the ongoing body corporate fees that come with a premium complex, and the apartmentโs reliance on its view for much of its appeal could make it more sensitive to future building developments nearby. Building age and floor level are not confirmed, but either factor might affect perceived desirability and long-term outgoings.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 313/109 Mcleod Road, Patterson Lakes VIC 3197
Market Insight:
Patterson Lakes is a tightly held waterfront suburb, prized for its resort-style marina living and proximity to beaches. Demand is driven by affluent professionals, retirees, and families seeking a boating and leisure-focused lifestyle. The housing market demonstrates robust stability with consistent capital appreciation, while the unit segment has shown particularly strong recent growth. The suburb’s unique appeal as a coastal boating enclave underpins its value, though its specialised nature and premium positioning inherently limit broader affordability and buyer pools.