16 Arbour Rise, Pakenham is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2006. The property has a land size of 667m2 and floor size of 305m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Perfectly positioned in a dress circle location of the acclaimed Lakeside Estate, just a short stroll to the magnificent lake, this perfectly presented 4 bedroom plus study home will impress the most fastidious of buyers. The home is finished to the highest of standards and offers resort style living. Entering the home through the double door entry, you are greeted by large open living with perfect tones and finishes. There are 3 separate living areas in total. Move through to the kitchen area and the theme of space and luxury continues. Take a look at the quality of the granite bench tops and the amount of storage and space on offer. From the kitchen you have a brilliant vista over the backyard which needs to be seen to be believed. The massive master bedroom offers views through the large windows, WIR and a sparkling ensuite with twin vanities and spa bath. The remaining bedrooms are all big with plenty of storage in their BIR's. Moving out doors to your very own resort, you are presented with a beautiful blue in-ground pool surrounded by sand stone paving. The pool has solar heating, water fall, spa and is completely private. A handy pergola backs on to a second double garage which has its own heating/ cooling, carpet and dedicated power, offering dual living or work from home opportunities. The double garage has extra high entry to allow caravan access through the garage to the second garage. Other features include ducted heating and cooling, full LED down lighting, 9' ceilings throughout, security system and plantation shutters. All of this on a big 667m2 allotment.
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 27,650 properties. Over the last 5 years, Houses in Pakenham have seen a 36.25% increase in median value, while Units have seen a 28.18% increase. As at 31 December 2025:
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