12 Osullivan StreetPakenham VIC 3810
Property Details for 12 Osullivan St, Pakenham
Last Listing description (April 2023)
Size: 3734M2*
Zone: Industrial Zone 1
Key attributes:
+ Titled block with a generous frontage of 38m (approx.)
+ The block is ready for construction. Totalling 3734 m2 (approx.), the property is conveniently positioned with quick access to the Monash Freeway.
+ The industrial hub is situated with immediate access to the M1 via multiple access points and is perfectly positioned between regional and metropolitan economies as a principal freight hub.
+ Industrial land is in high demand, particularly for titled lots of this size, in the South East Corridor
*All measurements, area and distance are approximate only
Property History for 12 Osullivan St, Pakenham, VIC 3810
- 20 Mar 2024Sold for $3,080,550
- 09 Jun 2023Sold for $2,669,810
- 28 Apr 2023Listed for Sale Contact Agent
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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.
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