FOR SALE
$960,000 - $1,050,000

91 Old Gembrook Road
Pakenham Upper VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1.99ha
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Ready-Set-Build! 5 fenced acres with rural views

An exciting opportunity awaits in Pakenham Upper to create your dream home on this stunning 5 acre allotment. Immerse yourself in the relaxed rural ambience and enjoy the spectacular north-facing views from the large Building Envelope. Entirely fenced in Equimesh with a top rail this property boasts a 2ML dam, reticulated water, loose box and improved pastures. Mains electricity is already at the boundary, making this a rare chance to own a piece of paradise. All that's missing is you!
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Property Details for 91 Old Gembrook Rd, Pakenham Upper

Building Type
Land
Land Size
1.99ha

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About Pakenham Upper 3810

The size of Pakenham Upper is approximately 31.9 square kilometres. It has 6 parks covering nearly 6% of total area. The population of Pakenham Upper in 2011 was 1,075 people. By 2016 the population was 1,156 showing a population growth of 7.5% in the area during that time. The predominant age group in Pakenham Upper is 50-59 years. Households in Pakenham Upper are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham Upper work in a trades occupation. In 2011, 91.7% of the homes in Pakenham Upper were owner-occupied compared with 88.6% in 2016.

Pakenham Upper has 458 properties. Over the last 5 years, Houses in Pakenham Upper have seen a 79.26% increase in median value. As at 31 October 2024:

  • The median value for Houses in Pakenham Upper is $2,236,575 while the median value for Units is $975,875.
There are currently 4 properties listed for sale, and no properties listed for rent in Pakenham upper on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Pakenham upper.

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Matt Clark
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First National Real Estate Neilson Partners - NARRE WARREN
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