FOR SALE
$400,000 - $440,000

52 Highland Drive
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 708m2
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AS THE NAME SUGGESTS, YOU CAN'T GET HIGHER THAN HIGHLAND

"Commanding views over eastern plains and reaching out as far as the Western Port Bay."
This is your block to do what you desire. With no easements, restrictions or caveats preventing you from doing what you want, and with over 700sqm of usable land, this titled block is the perfect place to build your dream home.
The soft, sloping gradient from the top of the property gives way to rare expansive views that on a clear day can stretch for dozens of kilometres. For me personally I used to sit on this block as a teenager and watch thunder storms rolling in from the west or I'd enjoy the free firework displays on New Years feeling like I was on top of the world.
What's more, because blocks like this are so rare, the value of this purchase will only increase in time. Especially given the extensive improvements set to take place in Pakenham. Being only a few minutes from the Pakenham CBD you're already close to shops, public transport and some of Pakeham's finest schools including St Patricks Primary and Beaconhills. But there is so much more this town has to offer.
The Pakenham Train Station is being completely renovated and will become one of the largest stations on the South-East line. Over the next three years Pakenham will introduce two new Secondary Schools, plus more pre-school and primary schools. The Main Street is also set to be overhauled to include a rejuveinated hub of shops and cafes.
Ray White holds itself to the highest standards of accuracy; however, prospective buyers are encouraged to conduct their own due diligence to verify the aforementioned details.
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Property Details for 52 Highland Dr, Pakenham

Building Type
Land
Land Size
708m2

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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 26,456 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, 1222 properties were sold in the past 12 months in Pakenham.

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Rachael Dalton
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Ray White Pakenham
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