4/23 Princes Highway, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

4/23 Princes Highway
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 202m2
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Property Details for 4/23 Princes Hwy, Pakenham

4/23 Princes Hwy, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 202m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1984
Floor Size
88m2
Land Size
202m2
Local Government
Cardinia
Lot/Plan
4/SP20747

Last Listing description (January 2025)

Occupying a well-maintained block that's extra-large compared to surrounding units, this solid brick residence sits at the rear of a peaceful development.

Impressive from the get-go, the light-filled layout boasts a comfortable L-shaped living/dining zone with beautiful timber-look flooring and large windows, while the fully equipped retro kitchen connects with ease.

Tucked away from the living area for ultimate privacy, both bedrooms are generous in size and robed, with easy access to the central bathroom.

Boosting appeal, notable finishing touches consist of split-system AC, decorative pendant lighting, a warm and welcoming colour palette, roller blinds, a secure single garage, additional off-street parking, and a fantastic sun-soaked backyard with space for the kids' trampoline and a flourishing veggie garden.

If first-class convenience is a wish list must, this cosy abode delivers. Within a short walk, numerous amenities await, including Pakenham Station, Pakenham Central Marketplace, PB Ronald Park, Pakenham Secondary College, St Patrick's Primary School, and local bus routes. The Princes Highway and the M1 are also nearby.

Immaculate throughout, this versatile home is move-in ready.

Property specifications:
Two-bedroom, one-bathroom unit
Solid brick property with low-maintenance surrounds and verandah-style porch
Single garage and additional off-street parking
Rear block that's larger than neighbouring units
Light-filled interior with open-plan living/dining zone and timber-look flooring
Neat kitchen with electric oven, gas cooktop, and timber cabinetry
Shared central bathroom and separate laundry
Robes to both of the carpeted bedrooms
Split-system AC to living
Pendant lighting, large windows, screened doors, and roller blinds throughout
Generous sun-soaked backyard
Walk to shops, schools, parks, and train station
Close to highway and freeway

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Property History for 4/23 Princes Hwy, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Oct 2021
Listed for Rent
20 Jan 2025
  • 05 Jan 2025
    Listed for Rent $430 / week
  • 12 Mar 2024
    Listed for Rent - Price not available
  • 25 Aug 2022
    Listed for Rent - Price not available
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About Pakenham 3810

The size of Pakenham is approximately 85.9 square kilometres. There are 124 parks, covering nearly 5.8% of the 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 27,957 properties. Over the last 5 years, Houses in Pakenham have seen a 21.51% increase in median value, while Units have seen a 24.18% increase. As at 30 June 2026:

  • The median value for Houses in Pakenham is $759,307 while the median value for Units is $543,054.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 230 properties listed for sale, and 82 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1395 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.