1B/5 Cook DrivePakenham VIC 3810
Property Details for 1b/5 Cook Dr, Pakenham
Last Listing description (February 2018)
Positioned in the heart of the Pakenham CBD is this ripping investment property. Leased until 2020, this property is returning a gross annual return of $24,400 per year. Ground floor office of approximately 90m2 plus two rear car parks. Occupied by Job Provider Sarina Russo with a quality fit out, heating and cooling. Transport just metres away and at the rear of Pakenham Marketplace. Don t miss this one!!
Property History for 1b/5 Cook Dr, Pakenham, VIC 3810
- 22 Feb 2018Sold for $360,000
- 13 Feb 2018Listed for Sale Not Disclosed
- 12 Nov 2008Transferred
Recent sales nearby
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About Pakenham 3810
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 27,519 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.
Suburb Insights for Pakenham 3810
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