50 Hall Rd, Pakenham South is a 3 bedroom, 1 bathroom House and was built in 1990. The property has a land size of 303620m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in December 1997.
Falling under the growing council of Cardinia, this land is certainly a smart money decision. Planning to mature this land with development or want to consider for future land bank, the 72.3 acres in close vicinity of Pakenham, Berwick and offers a foolproof opportunity for investors.
Situated in one of the fastest growing areas. This is a stunning 72.3 Acres (approx) with 2 Road frontages and has very easy access to M1 Freeway. The property offers a 3-bedroom house, 2-bedroom self contained granny flat, 4 concrete sheds and 1 hay shed, 8 horse paddocks which caters ample amount of space for horses, cars, trucks and is only 3 mins drive to Pakenham South Employment precinct, 5-10 mins to Pakenham development.
The size of Pakenham South is approximately 22.7 square kilometres. The population of Pakenham South in 2011 was 235 people. By 2016 the population was 198 showing a population decline of 15.7% in the area during that time. The predominant age group in Pakenham South is 60-69 years. Households in Pakenham South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pakenham South work in a managers occupation. In 2011, 70.9% of the homes in Pakenham South were owner-occupied compared with 72.4% in 2016..
Pakenham South has 127 properties. Over the last 5 years, Houses in Pakenham South have seen a 23.38% increase in median value. As at 31 October 2024:
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