SOLD
RECENT ADVICE
Sold on 28 Aug 2024 for $490,000

56 Waterside Drive
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 561m2
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Property Details for 56 Waterside Dr, Pakenham

Building Type
Land
Land Size
561m2
Local Government
Cardinia
Lot/Plan
914/PS637682

Last Listing description (August 2024)

Its Addressed:

Discover the perfect canvas for your dream home at 56 Waterside Drive, Pakenham. Nestled in the prestigious Cardinia Lakes Estate, this 561m² (approx.) block offers a rare opportunity to create a bespoke residence with breathtaking views right opposite the serene Cardinia Lake.

Situated high on the hill, this block provides panoramic views and a tranquil setting. Enjoy the natural beauty of the area with walking tracks and lush greenery at your doorstep.

Benefit from the close proximity to essential services and amenities, including Pakenham Primary School, a childcare centre, bus public transport, Cardinia Lake Shopping Centre, and a variety of fast-food outlets, cafes, a nail salon, and a pharmacy. With easy access to the M1 freeway and the train station, commuting to Melbourne and beyond is a breeze.

This is a unique opportunity to secure a prime piece of land in one of Pakenham's most sought-after estates. Envision your future home in this idyllic location, where you can enjoy both the tranquility of nature and the convenience of urban living.

Don't miss out on this chance to build your dream home in Cardinia Lakes Estate.

For more Real Estate in Pakenham contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 56 Waterside Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$490,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $490,000
  • 31 Jul 2024
    Listed for Sale UNDER CONTRACT $480,000 - $520,000
  • 27 Dec 2012
    Sold for $243,000

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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 26,412 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 254 properties listed for sale, and 33 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1265 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Marcus Washington
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Milan Takkar
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AREA SPECIALIST KEYSBOROUGH
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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.