OFF MARKET

5 Highland Drive
Pakenham VIC 3810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 183m2
Land area: 724m2
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Property Details for 5 Highland Dr, Pakenham

5 Highland Dr, Pakenham is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 724m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1994
Floor Size
183m2
Land Size
724m2
Local Government
Cardinia
Lot/Plan
242/LP222225

Last Listing description (June 2021)

"Massive home in an exclusive address."

Highland Drive has always been one of Pakenham's exclusive areas. The elevated address retains a sense of privacy whilst still being very close to Pakenham's main amenities.
Walking distance to bus stops and a short drive to Pakenham Train Station, shops and a plethora of well-renowned schools.

The property is just over 20 years old and has been resided in by only one family who helped design and build the home.

Featuring:
- Four bedrooms, master with large en-suite;
- Formal lounge, rumpus room and a combined living/dining room adjacent to the kitchen;
- Ducted heating and cooling;
- Large pergola with a cat run that can be removed if preferred;
- Double car garage plus a massive car port with incredible clearance;
- Landscaped yards plus small greenhouse that compliments the backyard.
- All this on a block of 724sqm.

Ray White prides itself on being as accurate as possible however anyone considering purchasing the property should undertake their own due diligence to confirm the above.

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Property History for 5 Highland Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$700,000
15 Mar 2021
  • 15 Mar 2021
    Sold for $700,000
  • 10 Mar 2021
    Listed for Sale $650,000 - $700,000
  • 28 Jul 1994
    Sold for $40,000
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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 26,456 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.

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