FOR SALE
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50 Ellett Road
Pakenham South VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 58ac
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RARE INVESTMENT OPPORTUNITY WITH HIGHWAY EXPOSURE!

Raine and Horne Land Victoria is delighted to present for sale 50 Ellett Road, Pakenham South a strategic opportunity with a lot of future potential and in close proximity to land held by some of Australia's largest developers and Investors.
A perfect corner block with highway exposure makes this property one of the best offerings of Pakenham South. This property is located at the most sorted corner of Ellett road and healesville - Koo Wee Rup road. Encompassing 58 acres (approx) with very short distance from Pakenham South Employment PSP and town water available on the property makes this property worthwhile having a look.
This property has an option of long term settlement for investors and land bankers.
This enriching investment opportunity features the following key attributes:
• Double road frontage
• Featuring 3 Bedroom and 2 Bathroom house
• Big Machinery Shed
• Fully fenced paddocks to keep your livestock intact
• Town Water Connected
Location and amenities:
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Property Details for 50 Ellett Rd, Pakenham South

50 Ellett Rd, Pakenham South is a 3 bedroom, 2 bathroom House. The property has a land size of 58ac. The place is currently for sale with Raine & Horne Land Victoria.

Building Type
House
Land Size
58ac

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About Pakenham South 3810

The size of Pakenham South is approximately 22.7 square kilometres. The population of Pakenham South in 2011 was 235 people. By 2016 the population was 198 showing a population decline of 15.7% in the area during that time. The predominant age group in Pakenham South is 60-69 years. Households in Pakenham South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pakenham South work in a managers occupation. In 2011, 70.9% of the homes in Pakenham South were owner-occupied compared with 72.4% in 2016..

Pakenham South has 128 properties. Over the last 5 years, Houses in Pakenham South have seen a 23.38% increase in median value. As at 31 October 2024:

  • The median value for Houses in Pakenham South is $1,628,150 while the median value for Units is $949,963.
There are currently 4 properties listed for sale, and 1 property listed for rent in Pakenham south on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Pakenham south.

Suburb Insights for Pakenham South 3810

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Atul Sama (Sunny)
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Amandeep Singh
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Raine & Horne Land Victoria
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.