OFF MARKET

31 Duncan Drive
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 140m2
Land area: 535m2
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Property Details for 31 Duncan Dr, Pakenham

31 Duncan Dr, Pakenham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 535m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1989
Floor Size
140m2
Land Size
535m2
Local Government
Cardinia
Lot/Plan
522/LP216034

Last Listing description (November 2024)

Perfectly nestled on an 535m2 (approx.) parcel of land, this property boasts a low-maintenance backyard and enjoys a strategic location in a prime area. Situated close to high schools, primary schools, shops, and public transport hubs, it caters to the needs and desires of families, first-time homebuyers, and savvy investors alike.

Features include:

- Three Spacious Bedrooms: The house comprises three comfortable bedrooms, all equipped with built-in robes (BIRs). This ensures ample storage space for your clothing and belongings, promoting a clutter-free living environment.

- Main Bathroom: The main bathroom offers convenience and functionality, serving the needs of the household with its well-designed layout.

- Living and Dining Areas: The property boasts a welcoming lounge room and dining area, providing ample space for relaxation, entertainment, and family gatherings. The open-plan layout ensures a seamless flow between these living spaces.

- Expansive Shaded Pergola Area: For those who love outdoor living, the generously sized shaded pergola area is a highlight. It provides the perfect setting for alfresco dining, BBQs, or simply unwinding in the fresh air.

- Single Carport: The single carport provides secure parking for your vehicle, protecting it from the elements.

31 Duncan Drive, Pakenham, not only offers a comfortable living space but also represents a smart investment opportunity. Currently, the property enjoys a secure tenancy with reliable long-term renters in place until May 2024. This feature makes it an excellent choice for those seeking consistent rental income until they are ready to move in themselves or explore other investment options.

In summary, this property is perfectly situated, well-maintained, and strategically located to meet the needs of various buyers, from families seeking a comfortable home to first-time buyers looking for a starter property and investors seeking reliable returns. An inspection of this fantastic opportunity is highly recommended for anyone interested in securing a great starter or a long-term investment. Don't miss your chance to explore all that 31 Duncan Drive, Pakenham, has to offer.

Property History for 31 Duncan Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$540,000
16 Oct 2023
Listed for Rent
$275/w
02 Mar 2012
  • 16 Oct 2023
    Sold for $540,000
  • 12 Jul 2023
    Listed for Sale Under Contract
  • 15 Feb 2012
    Listed for Rent - Price not available
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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 26,456 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 243 properties listed for sale, and 54 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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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.