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Sold on 04 Mar 2024 for $776,000

5 Michigan Grange
Pakenham VIC 3810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 182m2
Land area: 557m2
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Property Details for 5 Michigan Gra, Pakenham

5 Michigan Gra, Pakenham is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 557m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Floor Size
182m2
Land Size
557m2
Local Government
Cardinia
Lot/Plan
27/PS523428

Last Listing description (March 2024)

Situated on a 557sqm block in the popular 'Cardinia Lakes Estate', an area known for a family suburban lifestyle, within walking distance to Cardinia Lakes Shopping Centre, Pakenham Primary School, Childcare Centre and parkland.
Irresistible from the moment you step inside, the home has been meticulously maintained and combines a warmth and ambience that you and your family will appreciate. Featuring four bedrooms, the master bedroom has a luxury ensuite with large spa and a walk-in robe and the other three bedrooms have built-in robes and are serviced by the main bathroom.
There is a formal lounge facing out to your private courtyard and the rear of the home provides a real WOW factor with an open plan spacious kitchen, meals area and a family room that flows outside to an amazing alfresco with feature gas log-fire allowing you to entertain family and friends in a private environment surrounded by a beautiful backdrop of stunning gardens.

Other quality inclusions are remote double garage, ducted heating, evaporative cooling, high ceilings, floating floorboards to all traffic areas, alarm system and quality appliances including dishwasher.
A home of this calibre is difficult to find, so don't hesitate or miss out!

Property History for 5 Michigan Gra, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$776,000
04 Mar 2024
Listed for Rent
$630/w
23 May 2024
  • 07 May 2024
    Listed for Rent $630 / week
  • 27 Feb 2024
    Sold for $776,000
  • 20 Feb 2024
    Listed for Sale $720,000 - $770,000
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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 55 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1223 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Gavin Coyne
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Andrea Oconnor
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Grants Estate Agents Narre Warren
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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.