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Sold on 11 Nov 2024 for $510,000

3/21 Pakenham Road
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 243m2
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Property Details for 3/21 Pakenham Rd, Pakenham

3/21 Pakenham Rd, Pakenham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 243m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Pakenham in the last 12 months.

Building Type
Unit
Floor Size
90m2
Land Size
243m2
Local Government
Cardinia
Lot/Plan
11/PS517367

Last Listing description (November 2024)

Welcome to 3/21 Pakenham Road, a low-maintenance gem that's perfect for first-time home buyers, savvy investors, and those looking to downsize without compromising on space or style.

This 2-bedroom unit is designed for easy living with a well-thought-out floorplan, including a spacious open-plan living and dining area, and a modern kitchen ready to cater to your everyday needs. The covered alfresco area offers the ideal space for outdoor dining and relaxation, while the double garage provides secure parking and additional storage.

For first-home buyers, this is an affordable and comfortable entry into the property market, offering modern features and a convenient location close to everything you need.

For downsizers, enjoy a more manageable home that still provides enough space for hosting friends and family, with the benefit of a quiet and peaceful neighbourhood.

For investors this property represents an excellent rental opportunity in a highly sought-after area, close to key amenities and transport options.

Why You'll Love It:
- 2 bedrooms, both with built-in robes
- Spacious living area that flows to the dining and kitchen
- Low-maintenance garden and outdoor spaces
- Covered alfresco perfect for entertaining year-round
- Double garage with internal access
- Ideal for first-home buyers, downsizers, and investors

Prime Location:
Located just minutes from Pakenham Marketplace and Lakeside Shopping Centre, you'll have easy access to a range of shopping, dining, and entertainment options. The property is also close to local schools, parks, and public transport, making it a convenient and desirable location for any buyer.

This is your chance to secure a fantastic property in a prime location – don't miss out!

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Property History for 3/21 Pakenham Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$510,000
11 Nov 2024
Listed for Rent
$220/w
01 Jul 2010
  • 11 Nov 2024
    Sold for $510,000
  • 05 Sep 2024
    Listed for Sale SOLD
  • 10 Apr 2015
    Sold for $275,000
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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 26,459 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 56 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1231 properties were sold in the past 12 months in Pakenham.

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