SOLD
Sold on 21 Apr 2024 for $545,000

1/31 Silver Gum Drive
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 265m2
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Property Details for 1/31 Silver Gum Dr, Pakenham

1/31 Silver Gum Dr, Pakenham is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 265m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Pakenham in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
108m2
Land Size
265m2
Local Government
Cardinia
Lot/Plan
1/PS542721

Last Listing description (September 2023)

Welcome to your dream home at 1/31 Silver Gum Drive, Pakenham! This stunning and light-filled unit offers the perfect blend of modern living and convenience, all without the burden of a body corporate. With 3 bedrooms, 2 brand new fully renovated bathrooms, a double car garage, and a spacious living zone and yard, this property is sure to impress.

As you step inside, you'll be greeted by an abundance of natural light that fills every corner of this delightful home. The layout has been thoughtfully designed to maximize space and comfort for you and your family.

The modern and sleek design of the bathrooms adds a touch of luxury to your daily routine. You'll love the convenience of having two fully renovated bathrooms, ideal for growing families or hosting guests.

The spacious living zone provides a perfect place for relaxing and entertaining. Whether you're spending quality time with loved ones or enjoying some quiet moments, this area will quickly become the heart of your home.

Outside, the yard offers plenty of room for outdoor activities, gardening, or simply unwinding after a busy day. The low-maintenance yard means more time to enjoy the things you love!

Location:
Situated in the sought-after suburb of Pakenham, you'll enjoy easy access to schools, parks, shops, and public transport. Commuting to work or exploring the surrounding area is a breeze with major roads nearby.

Don't miss out on the opportunity to own this fantastic property without the hassle of body corporate fees. Whether you're a first-time buyer, growing family, or savvy investor, this unit ticks all the boxes.

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Property History for 1/31 Silver Gum Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$545,000
21 Apr 2024
  • 21 Apr 2024
    Sold for $545,000
  • 24 Aug 2023
    Sold for $476,500
  • 02 Aug 2023
    Listed for Sale SOLD
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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 26,565 properties. Over the last 5 years, Houses in Pakenham have seen a 27.59% increase in median value, while Units have seen a 23.68% increase. As at 28 February 2025:

  • The median value for Houses in Pakenham is $688,692 while the median value for Units is $501,828.
  • Houses have a median rent of $550 while Units have a median rent of $475.
There are currently 208 properties listed for sale, and 66 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1237 properties were sold in the past 12 months in Pakenham.

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