SOLD
Sold on 03 May 2024 for $1,750,000

12 Army Settlement Road
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 158m2
Land area: 38567m2
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Property Details for 12 Army Settlement Rd, Pakenham

12 Army Settlement Rd, Pakenham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 38567m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
158m2
Land Size
38567m2
Local Government
Cardinia
Lot/Plan
1/TP419089

Last Listing description (August 2024)

A superb parcel of 9 1/2 acres with two road frontages and outstanding views makes this a great opportunity. Located within minutes of Pakenham and easy access to the Princes Highway, Monash Freeway and Metropolitan Train Service. These types of properties are hard to find with great scope to further develop your own lifestyle pursuit while being so close to development which provides enormous future benefits. The home is a good size and incorporates three bedrooms, huge WIR to master, country style kitchen, two large living areas and plenty of sundry shedding. Fenced into 7 paddocks with mains water, feature dam and privacy for the new owners. Buy and enjoy today and look to the longer term benefits of tomorrow.

Property History for 12 Army Settlement Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$1,750,000
03 May 2024
  • 03 May 2024
    Sold for $1,750,000
  • 23 Feb 2023
    Listed for Sale $1,780,000 - $1,880,000
  • 22 Oct 2010
    Transferred

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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.