500 Mcgregor RoadPakenham VIC 3810
Property Details for 500 Mcgregor Rd, Pakenham
500 Mcgregor Rd, Pakenham is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 20242m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (December 2022)
Located just out of Pakenham on a recently sealed road, 2 acres of rare opportunity awaits!
Featuring a spacious & solid brick home comprising of four bedrooms master with ensuite and walk in wardrobe and built-in wardrobes to remaining three bedrooms. Solid timber kitchen with electric cooking, paddock views from the kitchen sink and adjoining meals area with split system cooling. Main living room offering ample space to relax with Coonara wood fire and adjacent formal dining space. Covered alfresco along the back of the house with endless views and fully enclosed from the front of the house.
Car accommodation includes double lock up remote garage and ample open parking space on the resurfaced driveway. A large, powered shed provides opportunity for stabling, machinery storage or caravan/boat/trailer storage.
Other features of the home include high ceilings, recently polished hardwood floors, rainwater tanks and conveniently just down the road from Southeast Business Park, M1 Freeway access and McGregor Road shops & multiple schools.
Please note, the lease will strictly include roughly 2 acres including 4 paddocks of the 5-acre property.
Inspection is a must. We cant wait to welcome you through this home.
Property History for 500 Mcgregor Rd, Pakenham, VIC 3810
- 25 Oct 2022Listed for Rent $780 / week
- 18 Jul 2022Sold for $1,770,000
- 04 Jul 2022Listed for Sale Under Contract $1,200,000 - $1,300,000
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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 26,446 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.
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