SOLD
RECENT ADVICE
Sold on 16 Aug 2024 for $427,000

18 Rica Road
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 533m2
Save

Property Details for 18 Rica Rd, Pakenham

Building Type
Land
Land Size
533m2
Local Government
Cardinia
Lot/Plan
26/PS826871

Last Listing description (August 2024)

Its Addressed:

Seize the opportunity to build your dream home on this prime titled land located in the prestigious Altius Estate. With a generous size of 533 m2 and being incredibly well priced, this plot offers exceptional value in a highly desirable location. Situated in a serene neighbourhood, this titled land is ready to be built on, allowing you to bring your vision to life and create a home tailored to your unique lifestyle.

Key Features:

Property Type: Titled Land
Location: Altius Estate
Size: 533 m2
Status: Ready to be built on

Property Highlights:

Excellent Location: Enjoy the convenience of a well-connected location, providing easy access to schools, shopping centers, parks, and public transport.
Endless Possibilities: Design and build your dream home from the ground up, tailored to your preferences and requirements.
Tranquil Surroundings: Experience peace and tranquility in a serene neighborhood, perfect for families, professionals, and anyone seeking a peaceful living environment.
Great Value: Take advantage of this fantastic opportunity to secure a sizable titled land at an affordable price, offering excellent value for your investment.

Community Features:

Family-Friendly Environment: Benefit from a family-friendly community with nearby schools, playgrounds, and recreational facilities.
Close to Amenities: Enjoy the convenience of being in close proximity to shopping centers, restaurants, and other essential amenities.
Scenic Surroundings: Embrace the natural beauty of the area, surrounded by green spaces and scenic landscapes.
Don't miss out on the chance to build your dream home in Altius Estate. This titled land offers an ideal canvas for your vision, combining a great location with exceptional value. Act now to secure this opportunity and embark on the journey to creating your perfect living space.

For more Real Estate in Pakenham contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 18 Rica Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$427,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $427,000
  • 07 May 2024
    Listed for Sale $410,000 - $451,000
  • 10 Nov 2020
    Sold for $370,000

Commute Calculator

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 26,324 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 231 properties listed for sale, and 50 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1213 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

Market Insights
Pakenham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Pakenham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Luke Woodham
Show contact details
AREA SPECIALIST KEYSBOROUGH
Preferred contact:
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.