53 King Street, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

53 King Street
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 87m2
Land area: 1843m2
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Property Details for 53 King St, Pakenham

Building Type
Land
Year Built
1970
Floor Size
87m2
Land Size
1843m2
Local Government
Cardinia
Lot/Plan
1/LP33912

Last Listing description (October 2023)

GOLDBANK REAL ESTATE GROUP is delighted to offer 53-55 KING STREET, PAKENHAM 3810 for sale by Private Treaty.

The offering signifies a substantial landholding in Pakenham Town Centre, one of Melbourne's fastest-growing town centre. Activity Centre Zoning and nearness to lifestyle amenity, public transportation and vast road network further enhances the appeal of the development



Property Description:

Land Area: Approx. 3253M2 combined area
Zone - Activity Centre Zone - Schedule 1

53 KING STREET PAKENHAM 3810
- Approx. 1853m2
- 1 bedroom
- 1 bathroom



55 KING STREET PAKENHAM 3810
- Approx. 1400M2
- 4 bedrooms
- 1 bathroom
- 1 car carport


Key Attributes:

- Rare Development Opportunity with Mixed Use Approx 3253 m2
- Two adjoining properties in Pakenham with plenty of development and multi-use STCA
- Two separate titles
- Combined total of 3253m2 of land
- In the Pakenham precinct
- Close to public transport


Location:

- Located on Henry Street the property in the heart of Pakenham
- Right across Pakenham Central Marketplace
- Pakenham Train Station is 950m* from the subject site
- Easy access to Princess Highway & minutes' drive to the Freeway
- Pakenham Racecourse is 1 km* away
- Monash Health Pakenham is 2km* away
-60km* South-East of Melbourne's Central Business District and located within the Shire of Cardinia local government

School catchments:

CLOSEST PRIVATE SCHOOLS
ECG College Pakenham
St Patrick's School
Beaconhills College

CLOSEST SECONDARY SCHOOLS
Pakenham Secondary College
CLOSEST PRIMARY SCHOOLS
Pakenham Springs Primary School

Disclaimer: All dimensions, sizes and layout are approximately. The photos are for illustrative purposes only.

Property History for 53 King St, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$1,200,000
03 Oct 2018
  • 08 Jun 2023
    Listed for Sale Contact Agent
  • 03 Oct 2018
    Sold for $1,200,000
  • 10 Aug 2018
    Listed for Sale Not Disclosed
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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 27,489 properties. Over the last 5 years, Houses in Pakenham have seen a 24.73% increase in median value, while Units have seen a 29.08% increase. As at 30 April 2026:

  • The median value for Houses in Pakenham is $758,725 while the median value for Units is $557,779.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 249 properties listed for sale, and 63 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1464 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.