8/49 King Street, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

8/49 King Street
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 218m2
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Property Details for 8/49 King St, Pakenham

8/49 King St, Pakenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 218m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1988
Land Size
218m2
Local Government
Cardinia
Lot/Plan
8/SP30613

Last Listing description (May 2024)

Introducing a remarkable opportunity to step into the property market with this charming two bedroom gem nestled in the vibrant heart of Pakenham. Convenience is the hallmark of this location, as you're just a stroll away from Main Street shopping, the Pakenham train station, medical facilities, and more—all at your doorstep. For savvy investors, this property presents a lucrative prospect, given the high demand from quality tenants for residences in this sought-after area.

This unit boasts two bedrooms, both equipped with mirrored built-in robes, offering practicality and ample storage solutions. The main bathroom services both bedrooms, ensuring comfort and functionality.

The well-appointed kitchen is equipped with an electric oven, gas cooktop, and abundant cupboard and bench space, catering to your culinary needs with ease. Stepping into the living area, you'll be impressed by the spaciousness accentuated by the cathedral ceiling, creating an inviting atmosphere ideal for relaxation and entertaining alike.

Venturing outdoors, your own private courtyard awaits, complete with a pergola area that exudes tranquility and seclusion—a perfect spot to unwind or entertain guests. Additionally, the property features a single garage with a rear door, providing secure parking and convenient access, along with a clothesline for added practicality.

This property offers a comfortable and convenient lifestyle as well as presenting an attractive investment opportunity in a prime location. Don't miss out on the chance to make this your new home or a valuable addition to your investment portfolio.

Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.

Property History for 8/49 King St, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$455,000
01 Apr 2024
  • 03 May 2024
    Listed for Sale Sold
  • 01 Apr 2024
    Sold for $455,000
  • 01 Feb 1989
    Sold for $87,500
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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 27,498 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:

  • The median value for Houses in Pakenham is $758,725 while the median value for Units is $557,779.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 265 properties listed for sale, and 58 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1478 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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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.