51 King Street, Pakenham, VIC 3810 sold on 04 August 2025 | OnTheHouse
SOLD
Sold on 04 Aug 2025 for $1,085,000

51 King Street
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 1532m2
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Property Details for 51 King St, Pakenham

Building Type
Land
Year Built
1920
Floor Size
103m2
Land Size
1532m2
Local Government
Cardinia
Lot/Plan
1/TP747923

Last Listing description (July 2025)

A lucrative opportunity awaits in the heart of Pakenham! Situated on a substantial 1,532m allotment, this prime property is perfect for investors seeking rental returns and long-term development potential.

Key Highlights:
Large Landholding 1,532m (approx.) with flexibility for future development.

Zoning Activity Centre Zone Schedule 1 (ACZ1), ideal for mixed-use and residential projects.
Development-ready Approved plans & permits for 8 modern townhouses, saving time and costs.
High-Growth Location Pakenham is a thriving suburb with rapid residential and commercial expansion.

Prime Location Everything Within Reach
Retail & Shopping:

Pakenham Central Marketplace 800m*

Main Street Shopping & Dining Precinct Walking distance

Transport & Connectivity:

Pakenham Train Station 950m* (direct city access)

Princes Highway & Freeway Minutes away

Healthcare & Medical Services:

Monash Health Pakenham 2km*

Pakenham Medical Centre Nearby

Education & School Catchments:

Pakenham Springs Primary 2km*

St Patrick's Primary 1.7km*

Pakenham Hills Primary 2.5km*

Beaconhills College 3km*

Why Invest in 51 King Street?
Development-Ready Skip lengthy approval processes with pre-approved 8-townhouse plans.
Strong Growth Potential Pakenham's rapid expansion fuels increasing housing demand.
Strategic Location Close to transport, schools, shopping & lifestyle amenities, ensuring strong rental and resale appeal.

Seize This Exclusive Opportunity!
Contact:
Sukhdeep Singh 0412 003 466
Vikram Raichura - 0413 396 797
Due Diligence Checklist: www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions are approximate. Buyers are encouraged to conduct their due diligence.

Property History for 51 King St, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$1,085,000
04 Aug 2025
Listed for Rent
$390/w
16 Jun 2023
  • 04 Aug 2025
    Sold for $1,085,000
  • 01 Apr 2025
    Listed for Sale Not Disclosed
  • 04 Mar 2024
    Listed for Sale Contact Agent
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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 27,650 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 174 properties listed for sale, and 81 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1519 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.