Overview
|Property ID: LA-12714
Description
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Pakenham is a suburb located in the outer southeast of Melbourne, Victoria, Australia.
Pakenham is situated approximately 56 kilometers southeast of Melbourne's Central Business District (CBD). It is part of the Cardinia Shire local government area. Pakenham is primarily a residential suburb with a mix of housing options, including detached houses, townhouses, and newer developments. The suburb has experienced significant population growth and residential development in recent years.
Pakenham has educational facilities, including primary schools, secondary schools, and childcare centers. There are also educational institutions in nearby suburbs for higher education.
The suburb is accessible by road and rail. Major roads, including the Princes Freeway (M1), provide connectivity to Melbourne and other areas. The Pakenham railway station offers train services on the Gippsland line.Pakenham has shopping facilities, including the Pakenham Central Marketplace and Pakenham Place Shopping Centre, where residents can find supermarkets, retail stores, and dining options. There are also local shops and services throughout the suburb.
The suburb offers parks, playgrounds, and recreational areas for residents to enjoy outdoor activities. This includes sports facilities, walking trails, and open green spaces.
Additional Details
- Property Type: House and Land
- Property Stage:
- Price: $ 747,525.00
- Land Price: $ 392,000.00
- Build Price: $ 355,525.00
- Beds: 4
- Bath: 2
- Garage: 2
- Storey: 1
- Study: N/A
- Power Rooms: 1
- MPR: N/A
- Powder Room: 1
- Balcony: 1
- Floor Plan: Trentino
- Completion: N/A
- Land Size: 350
- Area Size: 184.40
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 580.00
- Est. Body Corp.: N/A
- Title Status: December 2025
- Gross Per Week: $ 580.00
- Gross Per Annum: $ 27,040.00
- Gross Yield: 4.03%
- Capital Growth 12 Months: -2.40%
- Capital Growth 10 Year Annualised: 6.07%
- Vacancy Rate: 0.51%
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