19/21-31 Parman Ave, Pakenham is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 199m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Priced to sell, this three bedroom unit featuring a double garage is perfect for the owner occupier or investor and is getting harder to find in this area of high demand.
Investors will appreciate having an existing tenant with a current rental return of $270 per week.
The townhouse comprises three bedrooms with the master bedroom having a walk in robe and access to the central bathroom. The main area of the home contains an open plan kitchen with electric oven and gas cooktop, meals/ family living area. Extra features to the property include gas wall furnace, security doors to front and back and neutral tonings throughout.
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 27,639 properties. Over the last 5 years, Houses in Pakenham have seen a 34.40% increase in median value, while Units have seen a 26.69% increase. As at 31 January 2026:
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