Pakenham at a glance
58,187
People
$608,000
Median sale
$549/wk
Median rent
4.70%
Suburb gross yield
Median sale from 16 recorded sales (last 24 months) — a Districts calculation.
VIC › Pakenham › Meeking Dr
$950,000
Last sold
5 Feb 2019
5
Bedrooms
4
Bathrooms
8
Car spaces
4,653 m²
Land
234 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$950,000
5 Feb 2019 · derived via latest_sale
Local land rate: recorded House sales in Pakenham (last 5 years) with land size have a median of $1,305/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Pakenham at a glance
58,187
People
$608,000
Median sale
$549/wk
Median rent
4.70%
Suburb gross yield
Median sale from 16 recorded sales (last 24 months) — a Districts calculation.
Vs Pakenham
+56.3%
Median sale
Suburb $608,000
-1.69 pp
Gross yield
Suburb 4.70%
Suburb median $608,000 from 16 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $549/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Pakenham at a glance
58,187
People
$608,000
Median sale
$549/wk
Median rent
4.70%
Suburb gross yield
Median sale from 16 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate PakenhamSituated on a stunning piece of land that measures 4650sqm (approx.), and promising a wealth of living zones, heart-warming charm, and more outdoor space than you'll know what to do with, this 5-bedroom, 4-bathroom grand residence is a family offering like no other.
A majestic and wonderfully landscaped front garden is like having your very own reserve, with this large patch of greenery guaranteed to make a dazzling first impression. Inside the property you'll fall in love with the sheer number of living spaces that include a central lounge and dining room with a brick feature wall and wood fireplace, expansive family room with wet bar and high angled ceilings, large casual meals, and a rumpus area which could also be used as a study with cupboard storage.
The granite kitchen has all the bells and whistles including Blackwood timber cabinetry and premium 900ml Westinghouse and LG appliances. Two front bedrooms have elegant bay windows including one bedroom which features a walk-in robe and ensuite, while the generous master bedroom has a more secluded position and the addition of 'His' and 'Hers' walk-in robes and dual vanity ensuite. This bedroom also has direct outdoor access to the entertaining Area.
Adjoining the main section of the property is a completely private living area perfect for extended families or for those who like to work from home. This area has a bathroom and adjoining garage plus its own entry. Also including the beautiful water fall that just flows into the award-winning pool with spa with gas heating that will keep you occupied all year round, while this open courtyard and a large rear yard area gives you even more outdoor options.
Other features include Ducted heating, evaporative cooling, intercom system, sheds, remote security gate at the front, and an amazing amount of storage and vehicle space where you can fit up to 8 more cars in garage and carport areas.
You're located in an incredibly peaceful street surrounded by luxury homes, while also being close to Pakenham Secondary College, Lakeside College, Beaconhills College, Pakenham Consolidated School, John Henry Primary School, Toomuc Recreation Reserve and creek, Pakenham Place Shopping Centre, buses, and Pakenham Station.
Listing description written by Brendan Langley, OBrien Real Estate Pakenham — reproduced as published, not verified by Districts.