SOLD
RECENT ADVICE
Sold on 06 Sep 2024 for $566,000

1 Peter Court
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 833m2
Sold By
Gerard Collins Real Estate Pakenham
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Property Details for 1 Peter Ct, Pakenham

1 Peter Ct, Pakenham is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 833m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Floor Size
110m2
Land Size
833m2
Local Government
Cardinia
Lot/Plan
3/LP134468

Last Listing description (September 2024)

Fancy yourself as a home renovator/developer - well here's your chance to put your skills to work. Situated on a very spacious 833m2 allotment which will allow for further development (STCA). This property offers multiple options for its new owners. The property is situated north of the Highway in a quiet court location and is close to parks, shops, kindergarten, doctors and public transport. The short term fix will require a repaint and carpet throughout, which will allow you to obtain a rental income while applying for any future development plans. This property will also suit the first home buyer who is prepared to do a bit of work to bring it up to a suitable standard. I look forward to seeing you at our next open for inspection.

Property History for 1 Peter Ct, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$566,000
06 Sep 2024
Listed for Rent
$270/w
01 May 2014
  • 06 Sep 2024
    Sold for $566,000
  • 27 Aug 2024
    Listed for Sale Not Disclosed
  • 16 Apr 2014
    Listed for Rent - Price not available
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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 26,412 properties. Over the last 5 years, Houses in Pakenham have seen a 40.57% increase in median value, while Units have seen a 28.24% increase. As at 31 August 2024:

  • The median value for Houses in Pakenham is $704,031 while the median value for Units is $493,764.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 254 properties listed for sale, and 33 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1265 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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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.