Price drops in Patterson Lakes
Listings for sale in Patterson Lakes, VIC 3197 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
29
44% of 66 live listings
Median cut
2.6%
$45K off the asking price
Days listed before cut
110
median, first listed to latest cut
Cuts, last 30 / 90 days
18 / 24
5 listings have raised instead
Patterson Lakes price-drop summary
29 listings in Patterson Lakes (44% of the 66 on the market) are advertised below an earlier asking price. The typical reduction is 2.6%, about $45K. House listings account for 18 of them, with a median cut of 3.2%. Going the other way, 5 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 18 | 3.2% |
| Apartment | 8 | 1.9% |
| Townhouse | 3 | 3.4% |
Largest current cuts in Patterson Lakes
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 230 Gladesville Boulevard | $3,000,000 | $2,750,000 | -8.3% | 4 bed House | |
| 6 Cocos Court | $2,400,000 | $2,200,000 | -8.3% | 5 bed House | |
| 46 Myola Street | $1,080,000 | $990,000 | -8.3% | 4 bed House | |
| 35 Snapper Point Drive | $3,100,000 | $2,900,000 | -6.5% | 4 bed House | |
| 502/107-109 McLeod Road | $520,000 | $490,000 | -5.8% | 2 bed Apartment | |
| 21 - 22 Castaway Court | $3,950,000 | $3,750,000 | -5.1% | 5 bed House | |
| 46 North Shore Drive | $1,650,000 | $1,580,000 | -4.2% | 4 bed House | |
| 205 Gladesville Boulevard | $1,900,000 | $1,820,000 | -4.2% | 5 bed House | |
| 11 Cocos Court | $2,380,000 | $2,280,000 | -4.2% | 5 bed House | |
| 67 Scarborough Drive | $1,400,000 | $1,350,000 | -3.6% | 3 bed Townhouse | |
| 6 Marine Drive | $1,320,000 | $1,275,000 | -3.4% | 4 bed Townhouse | |
| 9 Lara Place | $1,475,000 | $1,425,000 | -3.4% | 4 bed House | |
| 54/5 Thompson Road | $620,000 | $600,000 | -3.2% | 2 bed Townhouse | |
| 4 Ibis Court | $1,650,000 | $1,600,000 | -3.0% | 5 bed House | |
| 15/5 Thompson Road | $570,000 | $555,000 | -2.6% | 2 bed Apartment | |
| 11 Seafarer Court | $3,900,000 | $3,800,000 | -2.6% | 4 bed House | |
| 56/117 Mcleod Road | $780,000 | $760,000 | -2.6% | 2 bed Apartment | |
| 5 Lady Barlow Court | $1,270,000 | $1,240,000 | -2.4% | 3 bed House | |
| 213/109 McLeod Road | $520,000 | $510,000 | -1.9% | 2 bed Apartment | |
| 9B Brigantine Court | $2,700,000 | $2,650,000 | -1.9% | 4 bed Apartment | |
| 40/60-68 Gladesville Boulevard | $550,000 | $540,000 | -1.8% | 2 bed Apartment | |
| 10A Acacia Crescent | $1,450,000 | $1,425,000 | -1.7% | 3 bed House | |
| 17 Pier One Drive | $2,695,000 | $2,650,000 | -1.7% | 3 bed House | |
| 32 Pier One Drive | $1,850,000 | $1,820,000 | -1.6% | 4 bed House | |
| 5 Mermaid Court | $1,382,000 | $1,365,000 | -1.2% | 4 bed House | |
| 5 Lagoon Place | $4,100,000 | $4,050,000 | -1.2% | 5 bed House | |
| 32/117 McLeod Road | $820,000 | $810,000 | -1.2% | 2 bed Apartment | |
| 83 Palm Beach Drive | $1,695,000 | $1,675,000 | -1.2% | 4 bed House | |
| 27a/59-73 Gladesville Boulevard | $529,000 | $525,000 | -0.8% | 2 bed Apartment |
Suburb profile
Patterson Lakes market data
Median prices, rents, growth and vacancy for Patterson Lakes.
Sold prices
Recent sales in Patterson Lakes
What buyers actually paid, and how it compared with the asking price.
Australia-wide
All price rises and cuts
The national feed of asking-price changes, filterable by state, type and size of change.
Price drops in Patterson Lakes: common questions
How many properties in Patterson Lakes have had a price drop?
29 listings for sale in Patterson Lakes VIC 3197 are currently advertised below an earlier asking price, 44% of the 66 listings on the market. 18 of those cuts were recorded in the last 30 days and 24 in the last 90.
How much are Patterson Lakes sellers cutting their prices by?
The median cut is 2.6%, or $45K, measured from the previous advertised asking price to the current one on each listing.
How long are Patterson Lakes listings on the market before the price drops?
A median of 110 days from when the listing first appeared to its latest price cut, across 29 listings.
What counts as a price drop here?
A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.
Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.