230 Gladesville Boulevard, Patterson Lakes VIC 3197

Large canal-front parcel | rare 1,403 m² land | private boat mooring | family-oriented premium stock This property stands out in Patterson Lakes for its unusually generous land size on canal frontage, making it a rare offering even within this waterfront suburb. The configuration of 4 bedrooms and 3 living areas suits families who value both space and separation, while the private boat mooring adds a functional edge for boating enthusiasts. The location near shops, schools, and transport supports everyday convenience without sacrificing the canal lifestyle. This house is best suited to buyers seeking a substantial family home with direct water access and room for outdoor living. The value of this property may be influenced by its flood sensitivity, which is common for canal-front homes and can affect insurance costs and maintenance priorities. The large landholding might also command a premium over standard waterfront homes, yet the potential rental yield may be modest relative to the purchase price given the limited pool of tenants for this price point. Buyers should weigh the cost of ongoing upkeep against the lifestyle benefits, as the property’s uniqueness could support long-term value but may also reduce liquidity in slower markets.