55 Army Settlement Road, Pakenham, VIC 3810 sold on 09 May 2025 | OnTheHouse
SOLD
Sold on 09 May 2025 for $1,145,000

55 Army Settlement Road
Pakenham VIC 3810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 8.76ac
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Property Details for 55 Army Settlement Rd, Pakenham

55 Army Settlement Rd, Pakenham is a 4 bedroom, 2 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 8.76ac. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 4 bedroom AcreageSemi-rural sold in Pakenham in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
8.76ac

Last Listing description (May 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

A timeline of how this property has performed in the market
Last Sold
$1,145,000
09 May 2025
Listed for Rent
$360/w
06 Nov 2023
  • 09 May 2025
    Sold for $1,145,000
  • 01 Apr 2025
    Listed for Sale $1,100,000 - $1,200,000
  • 06 Nov 2023
    Listed for Rent $360 / week
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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 27,639 properties. Over the last 5 years, Houses in Pakenham have seen a 34.40% increase in median value, while Units have seen a 26.69% increase. As at 31 January 2026:

  • The median value for Houses in Pakenham is $769,342 while the median value for Units is $521,840.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 189 properties listed for sale, and 73 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1512 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Emily Grainger
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Terry Lock
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GRAINGER REAL ESTATE
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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.