118 Racecourse Road NPakenham VIC 3810
Property Details for 118 Racecourse Rd N, Pakenham
118 Racecourse Rd N, Pakenham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 782m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
Perfectly positioned within walking distance of Pakenham Main Street and all on offer including the Pakenham train station as well as being only a short drive to the M1 Freeway is this three bedroom home set on a 782m2 (approx.) block.
Featuring three bedrooms all with built in robes plus family bathroom with separate toilet. A front formal living zone flows through to kitchen area with upright oven and cooktop which overlooks the dining area. Other internal features include internal laundry, split system air - conditioner and gas wall furnace. The internals of the property need a little TLC, but with new carpet, a fresh coat of paint and new blinds our lucky purchaser will reap the rewards!
A large front and backyard with side access alongside the home hold great value for future development potential (S.T.C.A), a double car steel garage/workshop with concrete slab floor and power is located to the rear of the property.
With a great walk to town location this property is perfectly suited to the astute investor or a first home buyer who wants yard space and a blank canvas to renovate and capitalise on this wonderful opportunity!
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 118 Racecourse Rd N, Pakenham, VIC 3810
- 09 Sep 2021Sold for $561,019
- 08 Sep 2021Listed for Sale $520,000 to $550,000
- 17 Jul 2020Sold for $405,000
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 27,514 properties. Over the last 5 years, Houses in Pakenham have seen a 24.73% increase in median value, while Units have seen a 29.08% increase. As at 30 April 2026:
- The median value for Houses in Pakenham is $758,725 while the median value for Units is $557,779.
- Houses have a median rent of $560 while Units have a median rent of $500.
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