4 Evolution Drive, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
 
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4 Evolution Drive
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1852m2
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Property Details for 4 Evolution Dr, Pakenham

Building Type
Land
Land Size
1852m2
Local Government
Cardinia
Lot/Plan
69/PS827498

Last Listing description (August 2022)

Site Area: Approx.1854m2
Zoning: Industrial 1 Zone

Location: Located in Southeast Business park, the subject site is approximately 53 kms* South East of the Melbourne CBD & Melbourne Port with direct access via the South Eastern Freeway. Close proximity to the Pakenham Lifestyle Centre and the Lakeside Boulevard Retail Strip, train station. Located close to Koo Wee Rup Rd and Princes Fwy diamond interchange.

Key Highlights Include:

- Approx.30M frontage
- Tightly held Pakenham precinct
- In-demand precinct for owner-occupiers and leasing prospects
- Located close to Koo Wee Rup Rd and Princes Fwy diamond interchange.

*Approx

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Property History for 4 Evolution Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$1,557,691
13 Feb 2023
  • 13 Feb 2023
    Sold for $1,557,691
  • 22 Aug 2022
    Listed for Sale Contact Agent
  • 05 Apr 2022
    Sold for $1,265,355
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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 27,601 properties. Over the last 5 years, Houses in Pakenham have seen a 36.25% increase in median value, while Units have seen a 28.18% increase. As at 31 December 2025:

  • The median value for Houses in Pakenham is $767,085 while the median value for Units is $515,793.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 169 properties listed for sale, and 88 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1518 properties were sold in the past 12 months in Pakenham.

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