SOLD
RECENT ADVICE
Sold on 02 Apr 2024 for $390,000

11 Tranquil Way
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 801m2
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Property Details for 11 Tranquil Way, Pakenham

Building Type
Land
Land Size
801m2
Local Government
Cardinia
Lot/Plan
159/PS649677

Last Listing description (April 2024)

Introducing 11 Tranquil Way, Pakenham! This prime parcel of land is situated on 801m2 (approx.), providing the perfect canvas for your dream home! Whether you're after a smaller house with a big yard or a large house with a generous size backyard, this block offers you both opportunities!

Are you someone who wants to wake up with amazing views every morning? Then don't pass this opportunity up! This block offers you stunning sunsets and uninterrupted views all year round. The land is already titled meaning your journey to homeownership is one step closer.

This block is conveniently located close to all amenities and with easy access to Monash Freeway. It is located within close proximity to an abundance of excellent schools such as Beaconhills College and St. Patrick's Primary School. It is also only a few minutes away from the well known Lakeside village shopping centre and lake! And that's not all, if you're someone who uses public transport, don't worry, we have you covered with Pakenham Train Station only 8 minutes drive away!

Don't miss out on the chance to make your dream a reality! Act now and contact us today to learn more!

Ray White prides itself on being as accurate as possible however anyone considering purchasing the property should undertake their own due diligence to confirm the above.

Property History for 11 Tranquil Way, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$390,000
02 Apr 2024
  • 08 Mar 2024
    Sold for $390,000
  • 31 Jan 2024
    Listed for Sale $400,000
  • 10 Apr 2018
    Sold for $384,480
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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 26,455 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 239 properties listed for sale, and 55 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1222 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Leah Taylor
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Gavin Staindl
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Ray White 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.