SOLD
RECENT ADVICE
Sold on 19 Sep 2024 for $725,000

2 Teressa Way
Pakenham VIC 3810

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

2 Teressa 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 September 2024. There are other 4 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Local Government
Cardinia
Lot/Plan
16/PS640602

Last Listing description (September 2024)

Its Addressed:

Situated in the iconic Cardinia Lakes Estate, 2 Teressa Way offers an unparalleled blend of modern luxury and family-friendly convenience. This stunning home features four spacious bedrooms, including an expansive master bedroom retreat. The master retreat boasts a spacious walk-in robe and an ensuite with a shower, double vanity with stone benchtops, and a separate toilet. The three secondary bedrooms are all generously sized with built-in robes and share the main bathroom, which includes a bath, a vanity with stone benchtops, a shower, and a separate toilet. Additionally, a powder room on the ground floor provides extra convenience for guests.

The home is designed to offer an abundance of living space, beginning with a formal lounge at the front of the house that can also serve as a home office. The heart of the home is an open-plan living-kitchen-dining area, perfect for modern family living. An additional living area upstairs provides a versatile space that can be used as a rumpus room or kids' retreat. The kitchen is a standout feature, equipped with a quality 900mm gas cooktop and electric oven, along with ample stone bench space and cupboards, making it a dream for any home chef.

Moving outside, you are greeted by a large grass area, ideal for children and pets to play. The outdoor space is perfect for entertaining or simply enjoying the beautiful surroundings. Situated within easy walking distance to the Cardinia Lakes parklands and lakes, this home offers a perfect blend of nature and convenience.

Additional features of this exquisite property include ducted heating and evaporative cooling, ensuring year-round comfort, a spacious laundry, and a double car garage. Located in the highly desirable Cardinia Lakes Estate, you are within easy commuting distance to the M1 Freeway, Pakenham Train Station, Pakenham Primary School, and the Cardinia Lakes Shopping Centre.

For more Real Estate in Pakenham contact your Area Specialist.

Did you know we have a rental department who can service your investment properties?
Our rental department has appraised this property for $620/week.
If you would like more information please get in contact.

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

Property History for 2 Teressa Way, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$725,000
19 Sep 2024
  • 19 Sep 2024
    Sold for $725,000
  • 27 Aug 2024
    Listed for Sale UNDER CONTRACT $700,000 - $770,000
  • 17 Feb 2021
    Sold for $230,000

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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 26,455 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 244 properties listed for sale, and 50 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1221 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Callum Donders
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Marcus Washington
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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.