FOR SALE
$580,000 - $620,000

5 Albany Crescent
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 325m2
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An ideal investment opportunity!

If you are looking for an investment opportunity look no further than this! The chance to secure a fantastic property, at a great price, in a great location with a secure renter and lease in place until August 2025! If you are looking to move in, this great property would be fantastic as a first home or downsize and will be available for its new family from mid 2025 or earlier by mutual agreement. The home features:
- 3 spacious bedrooms- master with walk in robe and en-suite
- Entertainer’s kitchen fitted with quality appliances, ample bench and cupboard space
- Light-filled open plan family/meals area
- Low maintenance yard and outdoor space
Extra features include: double garage with internal access, ducted heating, cooling and downlights throughout. Centrally located close by to quality schools, shops, parks, public transport and freeway acess. The ideal investment opportunity awaits! To arrange an inspection, call today!
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Property Details for 5 Albany Cres, Pakenham

5 Albany Cres, Pakenham is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 325m2. The place is currently for sale with OBrien Real Estate Berwick.

Building Type
House
Land Size
325m2

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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 26,464 properties. Over the last 5 years, Houses in Pakenham have seen a 35.09% increase in median value, while Units have seen a 27.84% increase. As at 31 October 2024:

  • The median value for Houses in Pakenham is $695,591 while the median value for Units is $503,582.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 239 properties listed for sale, and 55 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1230 properties were sold in the past 12 months in Pakenham.

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Suburb Insights for Pakenham 3810

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Maddie Harris
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Marc Oliver
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OBrien Real Estate Berwick
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