Patterson Lakes Property Market
& Suburb Profile

Patterson Lakes offers a lifestyle that feels more like a coastal resort than a standard residential pocket, making it a popular choice for retirees, boat owners, and families seeking a holiday-like environment.

The lifestyle in Patterson Lakes is intrinsically linked to its waterways. The suburb is divided into the "Tidal Waterways," consisting of canals and harbours with access to Port Phillip Bay, and the "Quiet Lakes" (Lakes Legana and Illawong), which are non-tidal and primarily used for canoeing and scenic views.

The Patterson Lakes Marina serves as a major regional hub, offering comprehensive boating facilities, fueling stations, and dry stack storage. Social life often centres around the Marina precinct and the Lakeview Shopping Centre, which features waterside dining, cafes, and specialty retail. For those who enjoy land-based recreation, the suburb is surrounded by extensive parklands, including the Patterson River trails and nearby Carrum Beach.

Education is a core pillar of the community, with Patterson Lakes Primary School serving as a central institution noted for its focus on sustainability and community involvement. The suburb is also in close proximity to Cornish College in Bangholme and Patterson River Secondary College in Seaford.

While Patterson Lakes does not have its own train station, it is extremely well-connected via the nearby Carrum Station on the Frankston line, which has recently been upgraded as part of a major level crossing removal project. Connectivity for motorists is a significant advantage, with direct access to the Mornington Peninsula Freeway and EastLink, providing a fast route to both the city and the wineries and beaches of the Peninsula.

From a property perspective, Patterson Lakes is a highly specialised and stable market. The housing stock is a diverse mix of large, luxury waterfront estates, townhouses within secure gated communities, and more traditional family homes in the land-locked sections.

It is a tightly held suburb with a high rate of owner-occupation and a strong sense of neighborhood pride. The area is currently seeing significant infrastructure investment, including planned upgrades to the Thompson Road and Mornington Peninsula Freeway interchange, which aims to further improve traffic flow and safety for the local community.