SOLD
RECENT ADVICE
Sold on 21 Aug 2024 for $590,000

8 Cascade Way
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 315m2
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Property Details for 8 Cascade Way, Pakenham

8 Cascade Way, Pakenham is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 315m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
315m2
Local Government
Cardinia
Lot/Plan
848/PS619175

Last Listing description (August 2024)

Presenting a functional floorplan and bright contemporary interiors, this recently update three bedroom home presents an exceptional opportunity for first-time buyers, downsizers and investors alike.

Comprising of three well-proportioned bedrooms, each featuring built-in robes, and are serviced by a central family bathroom. The heart of the home showcases a spacious and bright an open plan living space centered around a well-appointed kitchen. Additional comforts tying this home together include ducted heating, split system cooling and a double remote garage with internal access.

Situated in the sought-after Falling Water Estate, this fantastic family home offers close proximately to all the essential amenities .Walking distance to Parkland, Public transport, Childcare and Pakenham Hills primary schools as well as being only a short drive to shopping centres, medical and access to the M1 Freeway.

Property History for 8 Cascade Way, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$590,000
21 Aug 2024
Listed for Rent
$300/w
25 Sep 2014
  • 06 Aug 2024
    Sold for $590,000
  • 01 Aug 2024
    Listed for Sale $510,000 - $560,000
  • 13 Sep 2014
    Listed for Rent - Price not available
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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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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.