SOLD
RECENT ADVICE
Sold on 31 Jan 2024 for $715,000

1 Mcnamara Court
Pakenham VIC 3810

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Land area: 901m2
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Property Details for 1 Mcnamara Ct, Pakenham

1 Mcnamara Ct, Pakenham is a 4 bedroom, 3 bathroom House. The property has a land size of 901m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
901m2
Local Government
Cardinia
Lot/Plan
422/LP213961

Last Listing description (January 2024)

Its Addressed:

Welcome to your dream investment opportunity or perfect family home! This magnificent property sits on an expansive 902m2 block, offering not just one, but two beautiful dwellings. Whether you're looking to accommodate a large, growing family or seeking an intelligent investment to maximize rental income, this property has it all!

The Main House boasts an impressive layout with 3 spacious bedrooms and 2 bathrooms, including a master bedroom with a full ensuite and walk-in robe. The house features a large formal lounge and dining area, perfect for hosting gatherings, as well as two generous living spaces for comfortable family living. The well-appointed kitchen is a delight for any chef, offering ample cupboard space and modern stainless-steel appliances. Additional highlights include gas heating and cooling, floating timber floors, window drapes, and LED downlights, ensuring a stylish and comfortable living experience.

The rear cottage is a charming addition, offering 1 bedroom with a built-in robe, an open-plan family and meals area, and a well-designed kitchen with stainless steel appliances. The modern bathroom, built-in laundry, and tiled flooring add to the overall appeal. Stay cool in the summer and warm in the winter with the split system providing heating and cooling. The neat veranda offers a relaxing space to unwind and enjoy the surroundings.

Investors will be thrilled with the impressive rental returns - the rear dwelling is currently rented for $1,500 per calendar month, while the front dwelling generates an excellent $2,129 monthly rental income.

Located in a sought-after area just a short walk from Pakenham Town Centre, Schools, Freeway, and Train Station, convenience is at your doorstep. The property also offers abundant parking space, making it ideal for cars, boats, or caravans.

If that wasn't enough, the property also holds fantastic development potential! With ample room for subdivision or multiple dwelling options (STCA), the possibilities are endless.
Don't miss out on this incredible opportunity to secure a property that ticks all the boxes - act now!

"For more Real Estate in Pakenham contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."

Property History for 1 Mcnamara Ct, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$715,000
31 Jan 2024
Listed for Rent
$550/w
23 Mar 2022
  • 16 Jan 2024
    Sold for $715,000
  • 11 Aug 2023
    Listed for Sale $690,000 - $750,000
  • 25 Feb 2022
    Listed for Rent $550 / week
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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 26,372 properties. Over the last 5 years, Houses in Pakenham have seen a 41.07% increase in median value, while Units have seen a 33.15% increase. As at 31 July 2024:

  • The median value for Houses in Pakenham is $701,624 while the median value for Units is $510,892.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 255 properties listed for sale, and 39 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1249 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Luke Woodham
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AREA SPECIALIST KEYSBOROUGH
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Disclaimer
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.