4/2-4 Charles Street, Pakenham, VIC 3810 | Unit for sale | OnTheHouse
 
FOR SALE
$420,000 - $462,000

4/2-4 Charles Street
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Just for the Astute Investor

This perfectly positioned 2-bedroom gem offers a golden opportunity for those seeking a set-and-forget investment in the heart of Pakenham.
Featuring an open plan living and dining area, well-appointed kitchen, modern bathroom, and convenient off-street parking, this property ticks all the boxes for low-maintenance living.
Enjoy the unbeatable location - just a short walk to Pakenham's bustling Main Street, Pakenham Plaza, and the train station, with easy access to the M1 freeway.
Currently leased to a fantastic tenant until August 2026, returning $1,695 per month, this is an ideal investment to add to your portfolio.
Body Corporate is $1,174.00 per annum approx.
Invest with confidence - properties like this don't last long!
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Property Details for 4/2-4 Charles St, Pakenham

4/2-4 Charles St, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Harcorts Pakenham.

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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 2016 was 46421 people. By 2021 the population was 54118 showing a population growth of 16.6% in the area during that time. The predominant age group in Pakenham is 30-39 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 2021, 65.00% of the homes in Pakenham were owner-occupied compared with 65.00% in 2016.

Pakenham has 27,638 properties. Over the last 5 years, Houses in Pakenham have seen a 36.70% increase in median value, while Units have seen a 41.18% increase. As at 30 November 2025:

  • The median value for Houses in Pakenham is $756,337 while the median value for Units is $551,951.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 191 properties listed for sale, and 80 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1457 properties were sold in the past 12 months in Pakenham.

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Peter Blackwood
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Harcorts Pakenham
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