SOLD
RECENT ADVICE
Sold on 04 Oct 2023 for $450,000

2/7 Syme Road
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 215m2
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Property Details for 2/7 Syme Rd, Pakenham

2/7 Syme Rd, Pakenham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 215m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Pakenham in the last 12 months.

Building Type
Unit
Land Size
215m2
Local Government
Cardinia
Lot/Plan
2/PS621643

Last Listing description (October 2023)

"With the market starting to rebound there aren't many more opportunities to secure a property in Pakenham at this price range."
Recently re-carpeted throughout, this well-maintained two-bedroom unit offers a fresh and inviting ambiance.

Its features include a tiled entrance, a bright and spacious kitchen with sleek stainless steel appliances, and an adjacent family room warmed by gas heating. The master bedroom boasts a convenient walk-in robe and an en-suite bathroom with a walk-through design. For added convenience, there's a double remote garage with internal access.

Outside, you'll find a private paved courtyard that requires minimal upkeep, complete with a handy garden shed for storage.

The unit's location is highly convenient, with easy access to essential amenities. It's an ideal choice for first-time homebuyers or those looking to downsize. With a lovely tenant in place already and with a desire to stay on in her home it also makes for a fantastic investment.

Situated on Pakenham's north side, you'll enjoy proximity to various amenities, including public transportation, parks, St. Patrick's Primary School, Pakenham Secondary College, Beaconhills College, and straightforward access to the M1 Freeway. Pakenham's vibrant Main Street is also within easy reach.

We do respect the rights of the tenants so private inspections may be limited. Please enquire if you can't make the advertised open for inspection time.

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Property History for 2/7 Syme Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$450,000
04 Oct 2023
Listed for Rent
$335/w
24 May 2021
  • 20 Sep 2023
    Sold for $450,000
  • 14 Sep 2023
    Listed for Sale $400,000 - $440,000
  • 19 Apr 2021
    Listed for Rent $335 / week
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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 26,372 properties. Over the last 5 years, Houses in Pakenham have seen a 41.07% increase in median value, while Units have seen a 33.15% increase. As at 31 July 2024:

  • The median value for Houses in Pakenham is $701,624 while the median value for Units is $510,892.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 255 properties listed for sale, and 39 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1249 properties were sold in the past 12 months in Pakenham.

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