55 Army Settlement RoadPakenham VIC 3810
Property Details for 55 Army Settlement Rd, Pakenham
Last Listing description (November 2025)
A superb parcel of approximately 8 acres with two road frontages and outstanding views makes this a great opportunity. This unique property offers a renovated 2-bedroom cottage that is currently rented on a month-to-month tenancy at $360p/w, and the second dwelling offers 2 bedrooms and 1 bathroom. The property is on tank water and LPG bottle gas. Buy and enjoy today and look to the longer-term benefits of tomorrow. Located within minutes of Pakenham and easy access to the Princes Highway, Monash Freeway and Metropolitan Train Service. These types of properties are hard to find with great scope to further develop your own lifestyle pursuit while being so close to development which provides enormous future benefits.**DISCLAIMER** In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 55 Army Settlement Rd, Pakenham, VIC 3810
- 09 May 2025Sold for $1,145,000
- 01 Apr 2025Listed for Sale $1,100,000 - $1,200,000
- 06 Nov 2023Listed for Rent $360 / week
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0About 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 27,934 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.
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