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Agent Fees & Marketing Costs

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Property Value Estimate

A current estimated value of your Patterson Lakes property, before talking to the experts.

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List of Top Patterson Lakes Real Estate Agents

There is a huge difference between good and bad agents.

The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Patterson Lakes below, so you can see what kind of difference an experienced agent makes.

In the past 12 months, Patterson Lakes real estate agents have sold 236 properties. Houses in Patterson Lakes spent 50 days on the market before selling and apartments 34 days. Most properties sold were houses.

We have compiled a list of agents that are based in Patterson Lakes. It's important to understand that each individual agent has a differing amount of experience and skills, even those working under the same agency. Finding the best real estate agent ensures that you have the necessary resources to sell your property for more and for less hassle.

Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.

Which Real Estate Agent's Best Patterson Lakes Agents

Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.

To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.

Properties Sold

236

(12 Months to Apr 2024)
Different Agents Used

24

(Apr 2024)
Different Agencies Used

11

(Apr 2024)

A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. units within a certain area, price bracket, and a ranking within their office. We do everything we can to identify these agents for you.

We've crunched the numbers on properties sold in Patterson Lakes and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.

Patterson Lakes Agents That Sell For Higher Prices

Suburb Avg.
$1,028,550
Top 3 Agents
$1,415,667

Top agents achieved 1.4x higher prices than the suburb average.

Agents with good negotiation skills and strong contacts in the local real estate industry can often bump your property values, covering their fees and getting more in your pocket.

Patterson Lakes Agents That Sell Faster

Suburb Avg.
40 Days
Top 3 Agents
38 Days

The top 3 agents in Patterson Lakes sell 1.1x faster than the suburb average.

Find an agent that can create an advertising strategy specially crafted for your Patterson Lakes property. Additionally, the agent with a strong list of potential buyers can prospect and negotiate a sale early in the campaign.

Patterson Lakes Agents With The Most Experience

Suburb Avg.
1
Top 3 Agents
5

Top agents achieved 5.0x more sales than the suburb average.

Top real estate agents in Patterson Lakes do not usually handle properties in just Patterson Lakes but also nearby suburbs that might not have similar property markets to Patterson Lakes. You need a top agent who has a core focus on selling property similar to yours in Patterson Lakes. Doing this will ensure that your property will sell for a better price and faster.

Why Use Us

Our service is 100% free and no obligation to you.

We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.

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What To Pay Your Patterson Lakes Agent

The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.

An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Patterson Lakes area from our agent comparison tool to sell confidently.

Patterson Lakes is one of the more affordable suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Patterson Lakes average around 1.9%.

The commission rate in Patterson Lakes is on average lower than most other suburbs in Australia, which means you get to keep some more of your profit compared to sellers in other areas. Don’t forget that you can still negotiate a better rate with your agent, or how much goes into advertising.

1.9%
Patterson Lakes Average Commission Rate
~2.1%
National Average Commission Rate

Use the real estate agent fee calculator below to determine how much it may cost to sell your property in Victoria. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.

$0.00

Estimated Agent Commission

More Information

The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.

Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.

The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.

Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.

There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.

However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.

Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.

Frequently Asked Questions

SHOULD I SELL MY HOUSE IN Patterson Lakes IN 2024?

According to our data, you may want to consider selling your Patterson Lakes property in 2024.

The average houses growth in Patterson Lakes has risen to 6.4% over the past 10 years. The increase in property values has led to an appreciating market where selling your property is generally easier and buyers are generally more competitive.

Price growth for Patterson Lakes houses over the last year has been below the ten year annual growth rate, coming in at -2.0% for houses (compared to the 10 year average, 6.4%).

Units/apartment values over the past 12 months in Patterson Lakes have stayed equal for 4.7%, compared to the 10 year average, 4.8%.

To find out how to sell your house and to find the best agent, click here.

WHAT IS MY HOUSE PRICE ESTIMATE?

There are several variables that can affect property values in Patterson Lakes. To accurately estimate the value of your Patterson Lakes property, these variables need to be taken into account.

One of the most significant, but surprising, contributors to your property price is proximity to loud areas or industry.

Several nearby types of infrastructure may drive your house value estimation down. Public infrastructure such as busy roads or flight paths could generate a lot of noise pollution which may deter some buyers, leading to your property selling at a lower price.

With so many potential factors affecting a property’s price, it’s best to do some research before talking to agents.

Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.

WHAT ARE THE STEPS TO SELLING MY Patterson Lakes HOUSE?

There’s a lot to think about when selling your Patterson Lakes property, and a lot of it happens before signing up with an agent.

Initially, you should look at the Patterson Lakes property market and see if the conditions are right. Get an idea of how much your property is valued in the present day, starting with an independent property value report. Then you will want to contact and interview multiple agents (ideally around 3) and discuss selling methods, advertising and fees.

Make sure you are sure about selling, and are realistic about your property’s value when talking to agents. A mistake here could cost you. The best way to avoid costly missteps and get a good price is to sign up with a strong local real estate agent that can walk you through the whole selling process in an honest way.

If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.

HOW DO I FIND THE BEST REAL ESTATE AGENT IN Patterson Lakes?

To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.

Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.

Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in Patterson Lakes by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.

HOW COULD THIS SERVICE BE FREE?

If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.

This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.

IS YOUR AGENT ANALYSIS BIASED IN ANY WAY?

No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.

Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.

In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.

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Patterson Lakes Suburb Overview

Patterson Lakes is a suburb in outer south-east Melbourne, Victoria, Australia. It is 32 km south-east of Melbourne’s central business district. Its Local Government Area is the City of Kingston. In the 2011 Census Patterson Lakes had a population of 7,582 people.

Patterson Lakes consists predominantly of new houses. Patterson Lakes is home to the most popular boat launching facilities in Victoria. The Patterson River is a popular portal for Port Phillip. It includes four public launching ramps;joins the Tidal Canal system to Port Phillip;and includes the Patterson Lakes Marina and its facilities in Middle Harbour and Inner Harbour.

After the melting of the last great ice age, sea levels were 1

Europeans first set foot in nearby Frankston as early as 1803, thirty-two years before the founding of Melbourne. A commemorative plaque near the mouth of Kananook Creek marks the location of where Charles Grimes and his party went ashore searching for fresh water, and met with approximately 30 local inhabitants.

Early development was hampered by poor soils, distance from the Melbourne city centre, and the existence of a major swamp occupying much of the area between Mordialloc and Seaford.

In 1866 the Carrum Carrum Swamp was surveyed and the land between Mordialloc Creek and Keast Park in Seaford was divided into 18 allotments and sold by auction for around three pounds per acre. In 1871 the government opened it for selection. The swamp was an impediment to the settlers and there was much discussion on how to reclaim the land, the first contracts for drainage works commenced in 1873. Attempts to reclaim the lower swamplands were ineffective. In 1876 it was decided to cut a 10 metre wide channel to Port Phillip Bay. It was to be known as

The suburb of Patterson Lakes was to be located in Carrum on what was originally part of the Carrum Carrum Swamp. The Carrum Carrum Swamp was drained in 1879 when the Patterson Cut, and other drainage measures were undertaken to prevent flooding of the Eumemmering Creek, which overflowed into the Carrum Carrum Swamp. The mouth of the Patterson Cut was mostly only open during the Winter months, so heavy Spring and Summer rains often caused flooding to properties on the edge of the swamp area. Flood damage as far north as Edithvale often occurred. The only remnants of the Carrum Carrum Swamp now form the Edithvale-Seaford Wetlands

The decision to go ahead with what was originally going to be called Gladesville took place in 1973.

The development of residential areas adjacent to canals and waterways had been carried out successfully in many places. No-one had attempted to do this in Victoria unlike in other states. When Donald Cameron looked closely at the land adjoining the Patterson River, he saw the possibility of a development. If it proved to be feasible and practicable, it would give home owners access to Port Phillip from their “back door”. A large part of the area to the east of Carrum had flooded in the 1930s and 1950s, but to the engineers investigating the land, the important issues were why this occurred and how it could be prevented from occurring again. A common misconception was that the area was all swamp and mud. Extensive drilling found that only a surface layer of peat-like material was unsuitable. Underneath this layer was fine dense sand. The engineers realised that once the unsuitable material was removed they would then be able to excavate to form lakes and canals, and use the excavated sand in forming residential sites. By using this fine, dense, carefully compacted sand, all the proposed residential sites would be brought to a level above that required by the authorities. The first soil was turned in 1974 in the north-east corner of Patterson Lakes around Iluka Island Originally the plans were to build high rise towers of up to 15 stories in height. Patterson Lakes was rezoned from rural to residential. Central sites were planned for a shopping centre and for a marina which would have a second access to the river via flood gates. Sites for housing and apartments overlooking the marina and the river were identified. Sites for a primary school and for community facilities were also incorporated into the overall plan. Also the project was “different”, in that more than a hundred non-lake, residential sites were created to further the concept of a new community having a mix of socio-economic groups.

Patterson Lakes is serviced by the following shopping complexes: Lakeview Shopping Centre, Harbour Plaza Shoppingtown & Medical Centre, Gladesville Shopping Centre and The Glade.

Patterson Lakes is serviced by a government primary school, Patterson Lakes Primary School, which operates within Patterson Lakes and a government secondary school, Patterson River Secondary College, which operates from Seaford on the southern boundary of Patterson Lakes. The closest private secondary school to Patterson Lakes is Cornish College in Bangholme.

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