SOLD
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Sold on 14 Dec 2023 for $590,000

8 Spring Circuit
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 342m2
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Property Details for 8 Spring Cct, Pakenham

8 Spring Cct, Pakenham is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 342m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
342m2
Local Government
Cardinia
Lot/Plan
34/PS447421

Last Listing description (December 2023)

"You're not going to be able to buy in Lakeside for much cheaper than this."

Arguably one of Pakenham's best locations, 8 Spring Circuit is literally walking distance to absolutely everything. Walking distance to Lakeside Primary School and Lakeside College. Walking distance to shops. Walking distance to Cardinia Train Station. Oh, and did we mention the close location to the iconic Lake? It's only a few hundred metres from Pakenham's largest lake and abundant parkland.

The quaint cottage property features:

- Three bedrooms, master with en-suite and walk-in robe;
- Two remaining bedrooms with built-in robe;
- Additional bathroom (the renovations on the bathroom will be completed by the end of September);
- Dedicated living room;
- Dining room adjacent to the large kitchen;
- Single carport with drive through access to the alfresco which could easily be used to store additional cars;
- Heating and cooling;
- Workshop at the rear of the house.

Lakeside houses don't last long. Be sure to inspect this one.

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Property History for 8 Spring Cct, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$590,000
14 Dec 2023
Listed for Rent
$370/w
21 Jul 2021
  • 30 Nov 2023
    Sold for $590,000
  • 27 Sep 2023
    Listed for Sale $595,000 - $630,000
  • 07 Jul 2021
    Listed for Rent $370 / week
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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 26,456 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 243 properties listed for sale, and 54 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1221 properties were sold in the past 12 months in Pakenham.

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