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Sold on 08 Apr 2024 - Price Unavailable

16 Cabernet Way
Pakenham VIC 3810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 16 Cabernet Way, Pakenham

16 Cabernet Way, Pakenham is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Local Government
Cardinia
Lot/Plan
47/PS748329

Last Listing description (April 2024)

Designed for relaxed family living across every stage and phase, this impeccable 4-bedroom,
2-bathroom home is a must-see for anyone seeking ready-to-enjoy accommodation in a
sought-after, amenity-rich locale.

Single level and beautifully presented, the home's practical layout comprises a peacefully
positioned master with ensuite and walk-in robe plus three secondary bedrooms with built-
in robes along with a sun-filled, open plan living/dining zone with contemporary kitchen - a
space designed to bring people together.

A bright main bathroom and separate WC are also offered while a full laundry with outdoor
access, double garage with handy shopper's entrance, ducted heating and split system
heating/cooling are among the home's many standout features.

Close to The Lifestyle Centre (including Bunnings & Officeworks) and the Village Lakeside
shopping centre, the home is also within easy reach of Pakenham Secondary College,
Beaconhills College and both Pakenham & Cardinia railway stations; it also boasts easy
access to the M1 for a straight-forward workday commute.

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Property History for 16 Cabernet Way, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
08 Apr 2024
Listed for Rent
13 Nov 2019
  • 01 Apr 2024
    Sold for $610,000
  • 06 Mar 2024
    Listed for Sale $580,000-$635,000
  • 22 Nov 2023
    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 26,456 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 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.

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