1/1 Princes HighwayPakenham VIC 3810
Property Details for 1/1 Princes Hwy, Pakenham
1/1 Princes Hwy, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 290m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (January 2017)
This spacious well-presented unit is ideal for anyone looking to downsize or add to their investment portfolio. Situated in the heart of town and only short walking distance to Pakenham train station and shopping precinct makes this a fantastic opportunity and one not to be missed!
The unit is one of three situated on the block and is serviced with its own separate driveway and single garage. Inside comprises of 2 good size bedrooms both with BIR, Gas heating, semi ensuite bathroom, kitchen & Meals area, lounge room and separate laundry. Owners Corporation fees are approximately $1063 P/A.
With Pakenham property & rental returns on the rise this little gem will be a great money earner for years to come and will be snapped up fast!
Property History for 1/1 Princes Hwy, Pakenham, VIC 3810
- 02 Dec 2016Sold for $265,100
- 09 Nov 2016Listed for Sale Buyers Over $240,000
- 08 Sep 2011Listed for Sale $235,000
Recent sales nearby
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About Pakenham 3810
The size of Pakenham is approximately 85.9 square kilometres. There are 124 parks, covering nearly 5.8% of the 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 27,933 properties. Over the last 5 years, Houses in Pakenham have seen a 21.51% increase in median value, while Units have seen a 24.18% increase. As at 30 June 2026:
- The median value for Houses in Pakenham is $759,307 while the median value for Units is $543,054.
- Houses have a median rent of $560 while Units have a median rent of $500.
Suburb Insights for Pakenham 3810
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