32 Racecourse Road, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

32 Racecourse Road
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 113m2
Land area: 2794m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 32 Racecourse Rd, Pakenham

Building Type
Land
Year Built
2021
Floor Size
113m2
Land Size
2794m2
Local Government
Cardinia
Lot/Plan
1/PS812185

Last Listing description (February 2016)

High exposure site boasting 1,337m2 of industrial land
Ideal location for car wash, service station, offices, leisure and recreation or education centre

High traffic location

Ascot & Cardinia Waters estate directly adjacent
Well established location
Walking distance to train station, bus stop and CBD
Neighboring 1,557m2 site also available
How could your business fail, with such a great location!
The Cardinia Shire population is 90,325, and is forecast to grow to 174,993 by 2036. Pakenham is growing by five families a day.
Contact Matt Koster today to secure this great business opportunity

Property History for 32 Racecourse Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
  • 06 Jul 2015
    Listed for Sale $500,000
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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 27,856 properties. Over the last 5 years, Houses in Pakenham have seen a 27.62% increase in median value, while Units have seen a 21.84% increase. As at 31 March 2026:

  • The median value for Houses in Pakenham is $765,485 while the median value for Units is $521,961.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 266 properties listed for sale, and 55 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1516 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.