10 James StreetPakenham VIC 3810
Property Details for 10 James St, Pakenham
Last Listing description (August 2022)
Located under 1km from Pakenham Main Street, this property presents a rare opportunity to purchase in an area renowned for its potential to redevelop. The home is situated on a 848m2 block (approx.) and offers three bedrooms, one bathroom and an open plan living and dining which flows into a kitchen area. Internal laundry plus a split system for heating and cooling cap off the home itself. An oversized single car garage allows for secure vehicle storage. The property is being sold with plans available and the permit currently through the final stages of council approval, the lucky purchaser will be within touching distance of commencing this lucrative development. Astute developers and investors will appreciate this prestigious development with plenty of reward. Opportunities to develop within walking distance to town are as rare as they come. This is a rare and stunning opportunity and one not to be missed! Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.
Property History for 10 James St, Pakenham, VIC 3810
- 27 Feb 2023Sold for $700,000
- 14 Jun 2022Listed for Sale $675,000 to $725,000
- 20 Nov 2020Listed for Rent $300 / week
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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 27,934 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.
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