1/7 Princes Hwy, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 168m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
A lovely Unit that is close to town, very accessible to transport options and with a secure yard. The Unit has two bedrooms of generous size both with built in robes, while the separate bathroom contains shower, bath and hand basin. There are two living spaces - a meals area adjacent to the kitchen and a lounge room that enjoys the benefits of the split system and gas heating. It's an opportunity to invest with an income stream or for owner/occupier it's your chance to buy into the market. Call for an inspection.
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 27,504 properties. Over the last 5 years, Houses in Pakenham have seen a 24.02% increase in median value, while Units have seen a 26.87% increase. As at 31 May 2026:
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