FOR SALE
$520,000 - $570,000

4/5 Spencer Place
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 232m2
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Stylish and Low Maintenance

This immaculate single-level residence offers spacious, low-maintenance living with exceptional convenience, surrounded by numerous amenities. Whether you are a first-time homebuyer, downsizer, or savvy investor, this property ticks all the boxes.
Privately positioned at the rear of a quiet complex, the generously proportioned floor plan is immediately welcoming. A tiled entrance leads to an expansive open-plan living and dining area, seamlessly connected to a well-appointed kitchen with quality appliances, ample storage, and plenty of bench space.
Accommodation includes three bedrooms, the master bedroom is generously sized, featuring a walk-in robe and ensuite, while the two remaining bedrooms have double built-in robes and convenient access to the main bathroom and separate toilet.
Additional benefits include ducted heating, split system air conditioning, a spacious laundry, remote double car accommodation, and a large courtyard.
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Property Details for 4/5 Spencer Pl, Pakenham

4/5 Spencer Pl, Pakenham is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 232m2. The place is currently for sale with First National Real Estate Neilson Partners - NARRE WARREN.

Building Type
Unit
Land Size
232m2

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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 26,412 properties. Over the last 5 years, Houses in Pakenham have seen a 40.57% increase in median value, while Units have seen a 28.24% increase. As at 31 August 2024:

  • The median value for Houses in Pakenham is $704,031 while the median value for Units is $493,764.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 254 properties listed for sale, and 33 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1265 properties were sold in the past 12 months in Pakenham.

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Jess Ostrom
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First National Real Estate Neilson Partners - NARRE WARREN
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