265 Bald Hill RoadPakenham VIC 3810
Property Details for 265 Bald Hill Rd, Pakenham
Last Listing description (July 2020)
Offering a magnificent holding of 31 prime grazing acres (approx.) on the township outskirts of Pakenham.
Fully fenced and with mains water at the boundary, this property is ideally situated minutes from the M1, adjacent to the thriving and ever expanding light industrial precinct and a mere 10 minutes to the hugely successful Pakenham Racing Club.
At present, zoned Green Wedge Schedule 1, with the potential of supporting agricultural uses and tourism that are essential for urban development. The grazing land does require a permit for single dwelling use.
The land is simply moments from the dynamic centre of Pakenham and moments from the State Governments High Capacity Metro Trains Project at Pakenham East.
Opportunitys like this only are becoming rarer, so embrace the adventure today. The grazing land offers endless opportunities within the current zoning scope.
Homes and Acreage is proud to offer this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557.
Features:
Blue chip real estate
Fully fenced
Main water to the boundary
Moments from Pakenham CBD and M1
Green Wedge Zoned Schedule 1
Property History for 265 Bald Hill Rd, Pakenham, VIC 3810
- 24 Mar 2020Listed for Sale Contact Agent
- 15 Aug 2018Listed for Sale Contact Agent
- 08 May 2018Listed for Sale $3,500,000
Recent sales nearby
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0About 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 27,518 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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