SUPERB 7.75HA LIFESTYLE PROPERTY IN THE PICK OF POSITIONS. MASSIVE LAKELIKE DAM, PASTURES & VIEWS
Situated in the sought after Huxtable Road, this magnificent rural lifestyle property is positioned on an elevated ridge with good useable pastures rising from the road and gently falling to a magnificent catchment dam that drought proofs the property.
The solid and substantial BV homestead has full return verandahs, high ceilings (many cedar lined) and rooms throughout of generous proportions.
The size of Pakenham Upper is approximately 31.9 square kilometres. It has 6 parks covering nearly 6% of total area. The population of Pakenham Upper in 2011 was 1,075 people. By 2016 the population was 1,156 showing a population growth of 7.5% in the area during that time. The predominant age group in Pakenham Upper is 50-59 years. Households in Pakenham Upper are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham Upper work in a trades occupation. In 2011, 91.7% of the homes in Pakenham Upper were owner-occupied compared with 88.6% in 2016.
Pakenham Upper has 455 properties. Over the last 5 years, Houses in Pakenham Upper have seen a 79.26% increase in median value. As at 31 October 2024:
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