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Sold on 10 Jan 2024 for $695,000

11 Eagle Drive
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Land area: 786m2
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Property Details for 11 Eagle Dr, Pakenham

11 Eagle Dr, Pakenham is a 3 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 786m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
786m2

Last Listing description (January 2024)

Discover the ultimate real estate gem at 11 Eagle Drive, Pakenham. This stunning property offers a unique combination of modern living, ample space, and incredible development potential. With plans and permits in the process for approval for three side-by-side 3-bedroom townhouses, this is an excellent investment opportunity for savvy buyers.

Key Features:
3 Bedrooms: Embrace the comfort of three spacious and elegantly designed bedrooms, perfect for families or those looking for ample living space.

2 Bathrooms: Enjoy the convenience of two stylishly appointed bathrooms, including a master ensuite, offering the ideal retreat after a long day.

5 Car Garage: For car enthusiasts or growing families, this property boasts a massive 5-car garage, ensuring plenty of space for vehicles and storage.

Dual Driveways: The property features two separate driveways-one leading to a double car garage and the other to a triple car carport. Ample parking for all your needs.

Development Potential: With plans and permits in the process of acquiring approval for three modern 3-bedroom townhouses, seize the opportunity to capitalize on the burgeoning demand for contemporary urban living.

786m2 Block: Nestled on a generous 786m2 block, there is ample outdoor space to create your dream oasis or explore the possibility of a communal green area for the townhouse development.

Prime Location: Situated in the sought-after suburb of Pakenham, this property offers easy access to local amenities, schools, parks, and public transport, providing a lifestyle of convenience.

Investment Opportunity: Whether you're a savvy investor or a first-time developer, this property presents an incredible chance to create multiple income streams in a highly desirable location.

Don't miss the chance to secure this prime real estate offering. Contact us today to arrange an inspection and explore the endless possibilities that await at 11 Eagle Drive, Pakenham. Act fast, as opportunities like these rarely last long!

Property History for 11 Eagle Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$695,000
10 Jan 2024
Listed for Rent
$350/w
30 Apr 2020
  • 06 Jan 2024
    Sold for $695,000
  • 15 Dec 2023
    Listed for Rent $510 / week
  • 27 May 2022
    Listed for Rent $430 / 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 26,445 properties. Over the last 5 years, Houses in Pakenham have seen a 35.09% increase in median value, while Units have seen a 27.84% increase. As at 31 October 2024:

  • The median value for Houses in Pakenham is $695,591 while the median value for Units is $503,582.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 231 properties listed for sale, and 53 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1211 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Peter Diamantakis
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Joshua Jarred
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Harcorts Pakenham
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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.