7/7-9 King St, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 187m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Pakenham in the last 12 months.
The location allows for a flat walk to the shops, bus and train terminals and medical premises of all sorts of descriptions. A complex of 7 Units with this 2 bedroom Unit situated at the rear. Open plan living, split system heating and cooling, well planned bathroom and laundry facilities and a nice sized rear yard. The property allows for investment, downsizing or first home buyers grab the chance while you can to get into the market.
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 26,372 properties. Over the last 5 years, Houses in Pakenham have seen a 41.07% increase in median value, while Units have seen a 33.15% increase. As at 31 July 2024:
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