7a Savage St, Pakenham is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 426m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
A quality opportunity arises here for the astute investor. Offering a superb and ultra-convenient location in the heart of Pakenham, close to local conveniences, Pakenham Market Place Shopping Centre, Pakenham train station, transport, schools and main roads, this tidy/modern home has plenty on offer.
Comprising of three bedrooms, master with ensuite and walk in robe, a generous separate living area with combined living & dining area, a well-appointed kitchen equipped with oven/stove top & dishwasher, single garage, low maintenance yard with pergola plus ducted heating and split system cooling included.
Tenant is on a periodic tenancy (month to month agreement) at $305 per week rent.
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 27,497 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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