SOLD
Sold on 27 Mar 2024 for $655,000

16 Tango Circuit
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 232m2
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Property Details for 16 Tango Cct, Pakenham

Building Type
Commercial
Land Size
232m2
Local Government
Cardinia
Lot/Plan
8/PS800919

Last Listing description (October 2018)

The opportunity has come to be part of another brilliant Becon Constructions Business Park Commercial Park Pakenham.
Leasing opportunity under $20,000 per annum and part of a beautifully appointed Business Park. Ready to occupy this rear unit is ideal for a man cave, the tradie or a new business starting out.

High clearance warehouse, electric container height RSD, energy efficient warehouse lighting and tiled amenities block.

Property History for 16 Tango Cct, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$655,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $655,000
  • 04 Nov 2022
    Sold for $592,500
  • 03 Oct 2018
    Sold for $302,250
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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 26,446 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 229 properties listed for sale, and 54 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1208 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.