7/49 King St, Pakenham is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1988. While the property is not currently for sale or for rent, it was last sold in June 2013.
UNDER CONTRACT
Doctors, public transport, Pakenham Plaza, Bowling Club are all within a 3 minute stroll. Set amidst lovely grounds and gardens is this quite roomy 3 bedroom unit with full ensuite, ducted heating, air conditioning makes for pleasurable living all year round. Large kitchen plus huge living area, gives lovely garden vistas. Huge backyard with raised timber deck giving ideal viewing of the Pakenham Racetrack. Country atmosphere - town living - ideal for retirement or rental investment, as the unit already has an excellent tenant who is prepared to stay on or vacate if necessary.
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 27,522 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:
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