SOLD
Sold on 08 Jun 2024 for $400,000

6/27 Princes Highway
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 163m2
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Property Details for 6/27 Princes Hwy, Pakenham

6/27 Princes Hwy, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 163m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Pakenham in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
71m2
Land Size
163m2
Local Government
Cardinia
Lot/Plan
6/RP13245

Last Listing description (November 2024)

Conveniently situated within close proximity to town, this charming unit presents an exceptional opportunity for first-time buyers, downsizers, or savvy investors looking to expand their portfolio. Boasting easy access to the bustling Pakenham Marketplace, the Main Street, train station, and an array of other amenities, this property offers unbeatable value in the current market.

Featuring two bedrooms, a modern bathroom, a well-appointed kitchen, a cozy meals area, and a comfortable lounge room complete with a split system and air conditioning, this unit provides both comfort and functionality. Additional highlights include elegant timber floors, a secure backyard, a convenient carport, and much more.

Don't let this opportunity pass you by. Whether you're looking to step onto the property ladder, downsize without compromising on convenience, or make a sound investment, this unit ticks all the boxes. Schedule a viewing today before it's too late!

Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.

Property History for 6/27 Princes Hwy, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Jun 2024
  • 08 Jun 2024
    Sold for $400,000
  • 07 May 2024
    Listed for Sale Under Contract
  • 17 Sep 2013
    Sold for $215,000
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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 26,455 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 244 properties listed for sale, and 50 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1221 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Sam Paynter
Show contact details
LJ Hooker Pakenham
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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.