72 Ellett RoadPakenham South VIC 3810
Property Details for 72 Ellett Rd, Pakenham South
72 Ellett Rd, Pakenham South is a 0 bedroom, 0 bathroom House. The property has a land size of 233500m2.
Last Listing description (March 2024)
This 23.35 hectares (approx) parcel of land is a prime investment opportunity for those seeking landbanking or farming opportunities in the region. The property's size is rare to come by, making it a unique opportunity for those looking to secure a large landholding.
The property currently sits in the Green Wedge Zone - Schedule 1. (GWZ1)
Conveniently located just a five-minute drive from Pakenham's CBD, the property is situated close to major shopping and service hubs, schools, sporting, and recreational facilities. With the proposed completion of the new double-lane carriage way from Pakenham to Koo Wee Rup in 2025, accessibility and convenience will further improve.
The property boasts a picturesque rural setting, with gently undulating land, scenic views, and ample space for agricultural pursuits. The land has been well-maintained and is currently under productive use. The property offers endless opportunities for its new owners.
Don't miss out on this rare opportunity to secure a large parcel of land in a highly sought-after location. Contact us today to schedule a viewing and explore this exciting investment opportunity.
Ray White prides itself on being as accurate as possible however anyone considering purchasing the property should undertake their own due diligence to confirm the above.
Property History for 72 Ellett Rd, Pakenham South, VIC 3810
- 23 Jun 2023Listed for Rent $750 / week
- 13 Apr 2023Listed for Sale CONTACT AGENT
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About Pakenham South 3810
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:
- The median value for Houses in Pakenham South is $1,628,150 while the median value for Units is $949,963.
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