SOLD
RECENT ADVICE
Sold on 06 Sep 2024 for $440,000

4/57 King Street
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 200m2
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Property Details for 4/57 King St, Pakenham

4/57 King St, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 200m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Pakenham in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
81m2
Land Size
200m2
Local Government
Cardinia
Lot/Plan
4/RP15929

Last Listing description (September 2024)

Discover this beautifully presented two-bedroom home in the heart of Pakenham. Ideal for first-time homebuyers, savvy investors, downsizers, and small families, this property offers the perfect entry point into the real estate market.

At the heart of the home, you'll find a well-appointed kitchen that overlooks a designated dining area, seamlessly connecting to the spacious living room. Both generously sized bedrooms feature built-in wardrobes and are serviced by a central, modernized bathroom.

Additional features include:

- Split system heating and cooling
- Ducted heating
- Ceiling fans
- Remote-operated single car garage
- Low-maintenance gardens
- Garden shed
- New large volume electric heat pump hot water system

Conveniently located within walking distance of Pakenham Train Station, Bus Stops, Main Street Pakenham, and Pakenham Marketplace, this home is also close to quality schools, kindergartens, and daycare centres.

For more information or to schedule an inspection, please contact Alica Sieben at 0448 857 517 or Steve O'Loughlin at 0408 591 170.

Property History for 4/57 King St, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$440,000
06 Sep 2024
Listed for Rent
$305/w
17 Mar 2020
  • 13 Sep 2024
    Listed for Rent $490 / week
  • 06 Sep 2024
    Sold for $440,000
  • 08 Aug 2024
    Listed for Sale Not Disclosed
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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 26,418 properties. Over the last 5 years, Houses in Pakenham have seen a 40.57% increase in median value, while Units have seen a 28.24% increase. As at 31 August 2024:

  • The median value for Houses in Pakenham is $704,031 while the median value for Units is $493,764.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 260 properties listed for sale, and 35 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1259 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Barry Plant - Pakenham
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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.