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Sold on 02 Feb 2024 for $595,000

5 Wells Street
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 329m2
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Property Details for 5 Wells St, Pakenham

5 Wells St, Pakenham is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 329m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
329m2
Local Government
Cardinia
Lot/Plan
981/PS619176

Last Listing description (February 2024)

Nestled in the heart of Pakenham's Falling Waters Estate, 5 Wells Street presents an exceptional opportunity for both first-time homebuyers and savvy investors. This beautifully designed residence harmoniously blends comfort, style, and convenience, offering a lifestyle of ease and luxury.

As you step into this exquisite home, you are greeted by a warm and inviting ambiance that flows throughout its well-thought-out layout. The property features three generously sized bedrooms, each providing a tranquil retreat for rest and relaxation. The master bedroom, a serene sanctuary, is complete with an en-suite bathroom, ensuring privacy and comfort.

The heart of this home is undoubtedly the expansive living, kitchen, and dining area. Located at the rear of the house, this open-plan space is the epitome of modern living. The kitchen, equipped with contemporary appliances and ample storage, overlooks the dining and living area, making it perfect for entertaining guests or enjoying family meals. Natural light floods the space through large windows, creating a bright and airy atmosphere that enhances the overall aesthetic of the home.

Equally impressive are the two well-appointed bathrooms, designed with both style and functionality in mind. They feature modern fixtures and finishes, offering a touch of luxury and convenience to the everyday routine.

Set in the Falling Waters Estate, this property not only provides a comfortable living space but also offers the benefits of being part of a vibrant community. The estate is renowned for its beautiful landscapes, peaceful surroundings, and close proximity to local amenities, including shopping centres, schools, parks, and public transport. This makes 5 Wells Street an ideal location for those who seek a balance between serene suburban living and the convenience of easy access to urban facilities.

Whether you are a first-time buyer looking to step into the property market or an investor seeking a valuable addition to your portfolio, 5 Wells Street, Pakenham, is a property that promises to meet and exceed expectations. With its blend of modern design, comfort, and prime location, this home is not just a residence; it's a gateway to a lifestyle of comfort and convenience.

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Property History for 5 Wells St, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$595,000
02 Feb 2024
Listed for Rent
$330/w
10 Dec 2020
  • 22 Jan 2024
    Sold for $595,000
  • 15 Dec 2023
    Listed for Sale SOLD
  • 28 Feb 2019
    Listed for Rent $325 / week
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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, 1221 properties were sold in the past 12 months in Pakenham.

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