5/1 Village Way, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
FOR RENT

5/1 Village Way
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 56m2
This property is currently on the market
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Property Details for 5/1 Village Way, Pakenham

5/1 Village Way, Pakenham is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2019. The property has a land size of 56m2.This Property is currently listed for rent with Stockdale & Leggo Pakenham

Building Type
Townhouse
Year Built
2019
Land Size
56m2
Local Government
Cardinia
Lot/Plan
11/PS724904

Last Listing description (August 2026)

Freshly painted, immaculately presented and low maintenance, this stylish three-storey townhouse is vacant and ready for you to move straight in. Perfectly positioned in the highly sought-after Devonia Park Estate, this home is ideal for first home buyers, downsizers and investors seeking a quality property in a convenient location.

Offering a modern lifestyle with a functional floorplan, the ground floor welcomes you with a spacious bedroom complete with a built-in robe, along with internal access to the single lock-up garage.

The second level is the heart of the home, featuring a light-filled open-plan living and dining area that seamlessly flows onto a private balcony, creating the perfect space for entertaining or relaxing. The contemporary kitchen is fitted with stone benchtops, stainless steel appliances and ample storage, while a split-system heating and cooling unit ensures year-round comfort. A European-style laundry and powder room add further convenience.

Upstairs, the third level comprises two generous bedrooms, both with built-in robes, serviced by a modern central bathroom.

Conveniently located within walking distance to Lakeside Square Shopping Centre, John Henry Primary School, public transport, parks and local sporting facilities, this beautifully maintained home offers an outstanding lifestyle in one of Pakenham's most desirable locations.

Whether you're looking to move in immediately or add a quality property to your investment portfolio, this is an opportunity not to be missed.

Please note: Some images have been virtually staged. The property also has new carpet, which differs from the photos. Buyers should inspect the property before purchasing..

Property History for 5/1 Village Way, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Jul 2023
Listed for Rent
$330/w
19 Nov 2021
  • 11 Aug 2026
    Listed for Rent $500 / week
  • 10 Aug 2026
    Listed for Sale $470,000 - $500,000
  • 10 Aug 2026
    Sold
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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 27,966 properties. Over the last 5 years, Houses in Pakenham have seen a 18.97% increase in median value, while Units have seen a 25.97% increase. As at 31 July 2026:

  • The median value for Houses in Pakenham is $748,034 while the median value for Units is $551,682.
  • Houses have a median rent of $565 while Units have a median rent of $500.
There are currently 241 properties listed for sale, and 82 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1381 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.