98 Racecourse Road, Pakenham, VIC 3810 sold on 17 July 2025 | OnTheHouse
 
SOLD
Sold on 17 Jul 2025 for $680,000

98 Racecourse Road
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 784m2
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Property Details for 98 Racecourse Rd, Pakenham

98 Racecourse Rd, Pakenham is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 784m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Pakenham in the last 12 months.

Building Type
House
Land Size
784m2

Last Listing description (July 2025)

Step into comfort with this newly renovated three-bedroom home, perfectly positioned for growing families and busy commuters alike. Boasting a fresh and modern interior, this move-in ready property is just moments from local childcare centres, making it an ideal choice for families with young children. With the potential to build a medical centre (STCA), this property also presents a unique opportunity for investors or healthcare professionals looking to establish a practice in a high-demand area.

Inside, the home features three well-proportioned bedrooms—two with built-in robes—a sunlit lounge enhanced by a reverse cycle split system, and a well-appointed kitchen with gas cooking and an adjoining dining area. A modern central bathroom, separate toilet, and dedicated laundry add to the home’s practicality. Step outside to discover a generous covered entertaining area, a large backyard perfect for kids or future extensions, and a long driveway that comfortably accommodates extra vehicles, a boat, caravan, or trailer.

Located within close proximity to Pakenham Train Station, this property ensures effortless commuting to Melbourne and neighbouring suburbs. The vibrant main street shopping district is just minutes away, offering a wide array of dining, retail, and daily essentials. With swift access to the M1 Freeway, this home is as convenient as it is stylish—ideal for families, professionals, or those looking to secure a smart investment with future development potential for medical centre STCA.

Main features of the property:
- Land size approx. 784 sqm
- Subdivision potential STCA
- 3 bedrooms
- 1 bathroom with bathtub
- Family area
- Dining area
- Renovated Kitchen
- Stainless steel appliances
- Dishwasher
- Tiled and carpet flooring
- Freshly painted
- Pergola
- Carport
- Pergola

Chattels: All Fittings and Fixtures as Inspected as Permanent Nature
Deposit Terms: 10% of Purchase Price
Preferred Settlement: 30/45/60 Days

Located close to:
- Pakenham Hills Primary School
- Beaconhills College
- Pakenham lakeside Primary school
- Pakenham Primary School
- Pakenham Secondary School
- Maranatha Christian College
- St Francis Xavier college
- Pakenham lakeside Primary school
- Officer Primary schools
- Primary and Secondary schools
- Childcare centre
- Pakenham Shopping centre
- Lakeside square shopping centre
- Arena Shopping centre
- Medical centre
- Sporting facilities
- Public transport
- Princes Highway
- M1 Freeway
- Princes Freeway
- Restaurants and Cafes

For Top Quality Service and your Real Estate needs, please contact Raman Sidhu today and make this property your next home.

PHOTO ID REQUIRED AT OPEN HOMES

Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any relevant matters. The photo is for demonstrative purposes only. You can learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

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Property History for 98 Racecourse Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$680,000
17 Jul 2025
Listed for Rent
$525/w
14 Dec 2024
  • 07 Jul 2025
    Sold for $680,000
  • 04 Jul 2025
    Listed for Sale $679,000 - $746,900
  • 14 Nov 2024
    Listed for Rent $525 / week
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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 27,641 properties. Over the last 5 years, Houses in Pakenham have seen a 36.70% increase in median value, while Units have seen a 41.18% increase. As at 30 November 2025:

  • The median value for Houses in Pakenham is $756,337 while the median value for Units is $551,951.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 187 properties listed for sale, and 71 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1516 properties were sold in the past 12 months in Pakenham.

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