7 Gardenia StreetPakenham VIC 3810
Property Details for 7 Gardenia St, Pakenham
7 Gardenia St, Pakenham is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 864m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (October 2024)
Nestled in a prime location with vast potential, this property presents a golden opportunity for astute investors, developers, and homeowners alike. Situated on a generous 872m2 parcel of land, this residence holds the key to a multitude of possibilities, including future subdivision and development (STCA).
Featuring 3 bedrooms plus a versatile study or 4th bedroom, and 2 bathrooms, this home offers ample space and flexibility to accommodate your lifestyle needs. The spacious living areas provide comfort and functionality, while the single garage offers convenience and storage solutions.
Beyond its current charm lies a canvas for transformation. With the potential for subdivision and development (STCA), this property offers a lucrative investment opportunity for those with vision and ambition. Alternatively, it serves as an ideal rental property for passive income or a comfortable home to move into, should development not align with your plans.
Strategically located in a sought-after area of Pakenham, this property enjoys proximity to essential amenities, schools, parks, and public transport, ensuring both convenience and connectivity.
Don't miss your chance to secure this rare gem and embark on a journey of prosperity and potential. Whether you're an investor, developer, or homeowner, 7 Gardenia Street beckons with promise and opportunity. Enquire now to explore the endless possibilities that await!"
Property History for 7 Gardenia St, Pakenham, VIC 3810
- 26 Sep 2024Sold for $597,000
- 08 May 2024Listed for Sale $620,000
- 01 Apr 2020Listed for Sale $621,490
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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 27,958 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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