106 Racecourse Rd, Pakenham is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 781m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in April 2011.
* DUAL ACCESS* MULTI USE * INVESTMENT PROSPECT * BIG BLOCK
THIS FANTASTIC OPPORTUNITY OFFERS A LARGE CORNER ALLOTMENT WITH DUAL ACCESS. THE SWEET 3 BEDROOM FAMILY HOME OFFERS LOADS OF COMFORT, AND FEATURES 3 CAR ACCOMMODATION PLUS AMPLE OFF STREET PARKING. EXTENSIVE OUTDOOR ENJOYMENT, AN ULTIMATE LOG FIRE INSIDE, AND A FEATURE FIRE PLACE OUTSIDE, THAT ENHANCES THE BUILT IN BBQ, AND LEADS YOU TO A BEAUTIFULLY PRESENTED BACKYARD AND FREESTANDING SHED/GARAGE. EXPOSURE IS GUARANTEED, OFFERING MULTIPLE BUSINESS OPPORTUNITIES. LOCATION IS SENSATIONAL AND WALKING DISTANCE TO ALL AMENATIES. A SAVY INVESTOR WILL LEASE THIS PROPERTY, AND ENJOY WATCHING IT'S VALUE GROW! THE LAND IS APPROX 779M2, THE HOME IS READY TO ENJOY NOW, OR LEASE AT SETTLEMENT
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 27,857 properties. Over the last 5 years, Houses in Pakenham have seen a 27.62% increase in median value, while Units have seen a 21.84% increase. As at 31 March 2026:
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