83 Palm Beach Drive, Patterson Lakes VIC 3197
83 Palm Beach Drive, Patterson Lakes VIC 3197
4 bed family house on a generous block | 3 bathrooms for flexible living | Patterson Lakes suburban setting | 707mยฒ land size offers rare space
This is a four-bedroom family house with three bathrooms, which gives it a practical advantage over the typical three-bedroom, two-bathroom stock in Patterson Lakes. The 707mยฒ block is larger than what is commonly found in the area, offering more outdoor space and future flexibility. It is best suited to a family who values room to spread out, both inside and out, and who prefers a suburban setting with a quieter residential character. The configuration itself is not unusual for the suburb, but the combination of four bedrooms, three bathrooms, and this land size is less common, which may appeal to buyers looking for a more generous family layout.
The value of this property may be influenced by the quality of its interior finishes and the condition of the building, neither of which can be confirmed from available data. Its position on Palm Beach Drive is residential, but the absence of verified nearby comparable sales means any price assessment should be treated as provisional. The land size is a genuine strength, but without knowing the lot’s shape, frontage, or any easements, its full potential cannot be assumed. A buyer should weigh these factors carefully and seek a physical inspection before forming a firm view on price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 83 Palm Beach Drive, 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.