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This property has been sold on 24 Mar 2026
26 days on market
Market context at sale
Property overview
This 2-bedroom retirement living at 154/130 McLeod Road in Patterson Lakes, VIC 3197 sold in March 2026, with 1 bathroom and parking for 1. Patterson Lakes sits about 33 km from the CBD, where the median unit price is $750K. There are 19 schools within roughly 5km, and the area scores 46 for walkability and 23 for transit out of 100.
More in Patterson Lakes
For sale now
- 109/130 McLeod RoadRetirement · 2 bed · 1 bath$385,000
- 420/130 McLeod RoadApartment · 1 bed · 1 bath$210,000
- 12/117 Mcleod RoadTownhouse · 2 bed · 1 bath$649,999 - $699,999
- 405/130 McLeod RoadRetirement · 1 bed · 1 bath$199,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $465,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
26
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Retirement village
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Patterson Lakes at a glance
Unit market signals | VIC 3197
Median
$750K
Market signals
To CBD
33 km
Est. Valuation
-
Potential Sell Price
Est. Rent/wk
-
Potential Gross Yield
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $465,000
- Stamp Duty (Victoria)
- $22,970
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $492,170
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3197
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Positive cashflow properties under $500K in Australia
Where rent actually covers the mortgage at current rates, and the trade-offs you accept.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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