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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

5 Mermaid Court, Patterson Lakes VIC 3197

$1,365,000 | Private Sale

Listed: 14th Aug 2026
Updated: 16 days ago
Overview

Set within a serene and quiet court, this spacious family home offers a versatile layout crafted for both comfort and functionality that accommodates a growing family’s needs.

The property showcases an exceptional indoor and outdoor entertainment design, perfect for hosting gatherings and creating memorable moments. Multiple living areas span upstairs, downstairs, and outdoor alfresco zones, providing flexible spaces for relaxation and socialising.

  • An inviting billiard room complemented with a built-in bar upstairs enhances leisure options for adults.
  • The outdoor area features a heated inground pool, ideal for year-round enjoyment and active lifestyle pursuits.
  • Ample parking includes generous space designed to accommodate cars, boats, or caravans, secured with CCTV and motion sensors to ensure peace of mind.
  • The well-appointed kitchen supports the main living and dining spaces downstairs with quality fittings and contemporary style to satisfy culinary demands.
  • A dedicated home office/study space offers abundant bench and storage facilities, facilitating efficient remote work or study in a quiet environment.

Location advantages include proximity to local schools, shopping precincts, and boat launching facilities, catering to diverse lifestyle preferences. This residence presents an attractive opportunity for families seeking a property that balances lifestyle, convenience and engaging living spaces.

Local Market Insights

In Patterson Lakes, Quiet Listings observed 7 new houses entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $1,770,000. The property type mix of listed properties is predominantly Houses at 44%, followed by townhouses (31%), and apartments (13%). The most active agency for houses in the Patterson Lakes area is currently Buxton Real Estate Group, representing 43% of new listings, followed by OBrien Real Estate with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
  • $1,365,000 | Private Sale
  • $1,382,000 | Private Sale
  • $1,320,000 - $1,452,000
  • $1,320,000 - $1,452,000 Auction Sat 12 SEP 2:30pm
  • $1,320,000 - $1,452,000 Auction Sat 12 SEP 11am
  • $1,400,000 - $1,540,000 Auction Sat 12 SEP 11am
  • Auction
Location
Market Insights for Patterson Lakes VIC 3197
New Listings (last 30 days)
7
Average price
$1,770,000
Lowest price
$925,000
Highest price
$3,700,000
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