FOR SALE
$450,000 - $495,000

16 Caversham Drive
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 203m2
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EVERYTHING YOU NEED IS RIGHT HERE

This immaculately presented property has everything a first home buyer, invertor or retiree needs, two bedrooms, one bathroom, functional kitchen, open plan dining and living zone plus heating and cooling.
Single remote garage, low maintenance backyard, handy garden shed all set in a leafy
street within walking distance to the train station and shops plus an easy drive to the town centre and Princes Freeway.
Great little starter to suit a variety of different buyers.
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Property Details for 16 Caversham Dr, Pakenham

16 Caversham Dr, Pakenham is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 203m2 and floor size of 84m2. The place is currently for sale with Ray White Drouin.

Building Type
House
Floor Size
84m2
Land Size
203m2

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About Pakenham 3810

The size of Pakenham is approximately 85.9 square kilometres. It has 124 parks covering nearly 5.8% of total area. The population of Pakenham in 2011 was 33,998 people. By 2016 the population was 46,408 showing a population growth of 36.5% in the area during that time. The predominant age group in Pakenham is 0-9 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation. In 2011, 67.6% of the homes in Pakenham were owner-occupied compared with 65% in 2016.

Pakenham has 26,540 properties. Over the last 5 years, Houses in Pakenham have seen a 32.25% increase in median value, while Units have seen a 27.30% increase. As at 30 November 2024:

  • The median value for Houses in Pakenham is $693,217 while the median value for Units is $507,560.
  • Houses have a median rent of $548 while Units have a median rent of $470.
There are currently 199 properties listed for sale, and 44 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1252 properties were sold in the past 12 months in Pakenham.

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Suburb Insights for Pakenham 3810

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Vince Di Grazia
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Ray White Drouin
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