59 Princes Highway, Pakenham, VIC 3810 sold on 10 April 2025 | OnTheHouse
SOLD
Sold on 10 Apr 2025 for $720,000

59 Princes Highway
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 983m2
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Property Details for 59 Princes Hwy, Pakenham

59 Princes Hwy, Pakenham is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 983m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
983m2

Last Listing description (April 2025)

Located at the strategic junction of 59 Princes Highway, Pakenham, this expansive plot spans approximately 983m2 and is imbued with exceptional development potential thanks to its Activity Zoning classification. This prime piece of real estate offers developers an unparalleled opportunity to capitalize on its prominent position along the iconic Princes Highway, ensuring maximum visibility and accessibility.

The existing residence on the site presents a unique opportunity for creative renovation or complete redevelopment, offering the flexibility to imprint a visionary design or to pursue a transformative project that leverages the full potential of this location.

This is a rare opportunity to play a pivotal role in the evolution of Pakenham's landscape. We invite you to get in touch today to explore the vast possibilities this property has to offer and to take the first step towards realizing your development ambitions at this prime location.

Call Shan on 0416 891 662 to arrange an inspection!

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 59 Princes Hwy, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$720,000
10 Apr 2025
Listed for Rent
$500/w
07 May 2024
  • 10 Apr 2025
    Sold for $720,000
  • 06 Mar 2025
    Listed for Sale $699,000 - $765,000 - Must Sell!!
  • 09 Apr 2024
    Listed for Rent - Price not available
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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 74 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1513 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Shan Dias
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Vitaldi Cooray
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Wise Group
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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.