537/538 Armidale Drive, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

537/538 Armidale Drive
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 18m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 537/538 Armidale Dr, Pakenham

537/538 Armidale Dr, Pakenham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a floor size of 18m2.

Building Type
House
Year Built
2016
Floor Size
18m2
Local Government
Cardinia

Last Listing description (February 2017)

Located in the heart of the Old Pakenham Racecourse this exciting development opportunity will be ideal as an investment or if you want to live in an up and coming area and only a short walk to the main street of Pakenham as well as the train station.
With a few designs and floor plans to choose from this development will not last long. Whatever type of buyer you are I do urge you to not look past these as this is an opportunity of a lifetime.
Please enquire as they will not last long.

Property History for 537/538 Armidale Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
  • 12 Jul 2016
    Listed for Sale From $329,000
Commute Calculator

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

Market Insights
Pakenham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Pakenham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.