31 Commercial Drive, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
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31 Commercial Drive
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 7184m2
Land area: 6157m2
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Property Details for 31 Commercial Dr, Pakenham

Building Type
Commercial
Floor Size
7184m2
Land Size
6157m2
Local Government
Cardinia
Lot/Plan
32/PS549308

Last Listing description (February 2023)

One of a kind purpose built Showroom/workshop with display yard.

* Rental Price $250,000.00
* 1,546m facility on 6157m land consisting of:

* 515m new showroom
* Office and amenities of 112m
* Spare parts of 223m
* Workshop 696m
* Wash bays 113m
* Fully fenced and secure
* Entire site concrete or hardstand

Facey Property with an established reputation based on honesty and professionalism is eager to service your property needs.

Our team offers a diverse range of experience in commercial property; specialising in sales, leasing, advocacy and management.

Enquire at www.faceyproperty.com.au to make your next move.

Property History for 31 Commercial Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$4,750,000
11 Jan 2022
Listed for Rent
$4.79k/w
09 Feb 2023
  • 11 Jan 2022
    Sold for $4,750,000
  • 29 Jul 2021
    Listed for Sale Contact Agent
  • 29 Jul 2021
    Listed for Rent - Price not available
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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 2011 was 33,998 people. By 2016 the population was 46,408 showing a population growth of 36.5% in the area during that time. The predominant age group in Pakenham is 0-9 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 2011, 67.6% of the homes in Pakenham were owner-occupied compared with 65% in 2016.

Pakenham has 26,563 properties. Over the last 5 years, Houses in Pakenham have seen a 29.67% increase in median value, while Units have seen a 27.70% increase. As at 30 April 2025:

  • The median value for Houses in Pakenham is $700,916 while the median value for Units is $510,257.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 203 properties listed for sale, and 78 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1255 properties were sold in the past 12 months in Pakenham.

What's around 31 Commercial Dr, Pakenham

31 Commercial Dr, Pakenham is in the school catchment zone for Pakenham Springs Primary School and Pakenham Secondary College.

Nearby Schools
Comparable Properties
Pakenham Springs Primary School
1.63km
Pakenham 3810
IN CATCHMENTPrimaryGovernmentP - 6Combined892 Enrolled
ECG College Pakenham
2.75km
Pakenham 3810
SpecialNon-GovernmentCombined Enrolled
Pakenham Secondary College
3.02km
Pakenham 3810
IN CATCHMENTSecondaryGovernment7 - 12Combined744 Enrolled
Pakenham Consolidated School
3.64km
Pakenham 3810
PrimaryGovernmentP - 6Combined621 Enrolled
Pakenham Hills Primary School
3.83km
Pakenham 3810
PrimaryGovernmentP - 6Combined380 Enrolled
Beaconhills College
3.9km
Address not found
CombinedNon-GovernmentP - 12Combined2902 Enrolled
Officer Secondary College (interim name)
3.99km
1 Parker Street Officer VIC 3809 Officer 3809
SecondaryGovernment7 - 12Combined Enrolled
Pakenham Primary School
4.06km
Pakenham 3810
PrimaryNon-GovernmentCombined Enrolled
Lakeside College
4.11km
Pakenham 3810
CombinedNon-GovernmentP - 12Combined342 Enrolled
John Henry Primary School
4.16km
Pakenham 3810
PrimaryGovernmentP - 6Combined465 Enrolled

Suburb Insights for Pakenham 3810

Market Insights
Pakenham Trends for Houses
Median Value

$701k

0.92%
View Trend
Median Growth

-1.29%

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Median Rent

$550/W

10.00%
View Trend
Rental Yield

4.32%

7.73%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (05/24 - 04/25)
Pakenham Trends for Units
Median Value

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Median Growth

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Median Rent

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 46,408

0-9

 

19%

10-19

 

13%

20-29

 

15%

30-39

 

17%

40-49

 

13%

50-59

 

9%

60-69

 

7%

70-79

 

5%

80-89

 

2%

Household Structure
Occupancy