Patchewollock, VIC 3491 recorded three houses sold in the last 12 months — too little to read a wider market from. Those sales point to under $250,000, best read as a rough guide.
The most recent Census still shows who lives in Patchewollock; that profile sits below.
Who lives hereA largely mortgage-free, older-leaning suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
28% report Scottish ancestry, but only 0.0% were born in Scotland — the gap is the Australian-born and diaspora Scottish community, invisible in birthplace alone.
A predominantly Australian-born community.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 1.8× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
How settled or transient the community is — and where newcomers came from.
Headline price, rent, yield and time on market for Patchewollock — choose a property type and size below.
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Eight diagnostic views cutting the data a different way each time — Patchewollock in blue, peers in colour.
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Patchewollock rose from $72k (Jul 2021) to $149k (Jun 2026) — +108.4% growth over five years.
16 data-driven answers about Patchewollock's property market — every one computed from the metrics above.
The median house price in Patchewollock, VIC 3491 is $149k as of June 2026, based on 3 sales over the past 12 months. Houses there have moved +77.4% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
As of June 2026, Patchewollock medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $150k | — | $149k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
Patchewollock's property market trends to June 2026: house prices rose +77.4% year-on-year; homes now sell in a median 37 days — faster than a year ago by 69. Read together — price, rent, selling speed and supply — they show which way the Patchewollock market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
As of June 2026 in Patchewollock, house prices rose +77.4% over the year, houses take a median 37 days to sell. Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
Houses in Patchewollock sell in a median 37 days on market as of June 2026. Days on market have tightened by 69 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
House prices in Patchewollock moved +77.4% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
Patchewollock's median house price ($149k) is 81% below the VIC median ($775k) as of June 2026. On selling speed, houses clear in 37 days vs 29 days state median.
The most-transacted segment in Patchewollock over the 12 months to June 2026 is 3 bed houses with 3 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
Patchewollock recorded 3 house sales and 0 unit sales over the 12 months to June 2026 — a combined 3 transactions. Segments with statistically thin samples are excluded from displayed figures.
Patchewollock is in postcode 3491, in the North West region of VIC. Addresses there are written as Patchewollock, VIC 3491.
Patchewollock, VIC 3491 is home to 149 residents (ABS Census 2021). The median resident age is 47, and the average household holds 2.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
The median household in Patchewollock earns $1k per week — roughly $53k a year (ABS Census 2021). Median personal income runs $558/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
The unemployment rate in Patchewollock is 0.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 55%. The local economy section above covers incomes, employment status and the occupation mix.
Patchewollock is mostly owner-occupied: about 83% of households are owner-occupiers and 15% rent (ABS Census 2021). Of owners, 69% own outright and 13% are paying off a mortgage.
Patchewollock, VIC 3491 has a population of 149, a median age of 47, a median household income around $1k/week, 15% of households renting (ABS Census 2021). Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
This Patchewollock market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.
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