OFF MARKET

124 Sundance Promenade
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4110m2
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Last updated 11 Nov 2024
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Property Details for 124 Sundance Prom, Pakenham

124 Sundance Prom, Pakenham is a 0 bedroom, 0 bathroom House. The property has a land size of 4110m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Land Size
4110m2
Local Government
Cardinia
Lot/Plan
AF/PS845082

Last Listing description (October 2024)

KR Peters Real Estate are delighted to offer for sale by expression of interest this exceptional development site in the award-winning Mt Pleasant Estate Pakenham.

Positioned in the Urban Growth Zone this 4110m2 (approx) block is the perfect site for your next project. An active Planning Application is currently submitted with Cardinia Council for 6 Townhouses (STCA).

Pakenham, located within the Cardinia Shire, is a highly desirable area that has been experiencing high demand, making it one of the fastest-selling municipalities in Australia.

With over 600 families calling Mt Pleasant home already, this development site is the final substantial land offering in this otherwise sold out Estate.

Positioned only a few minutes from
the established Lakeside Shopping Precinct, M1 freeway, Public Transport, variety of Schools and Childcare it is a highly sought after location in the thriving suburb of Pakenham

This opportunity is being offered by expression of interest closing 12 noon, Friday 20th October.

For further information contact Ian Harris 0420 533 871 or Peter Nicolls 0418 311 048.

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Property History for 124 Sundance Prom, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$1,045,000
19 Oct 2023
  • 19 Oct 2023
    Sold for $1,045,000
  • 22 Sep 2023
    Listed for Sale Price on Application

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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 26,456 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 243 properties listed for sale, and 54 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1221 properties were sold in the past 12 months in Pakenham.

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