Pakenham at a glance
58,187
People
$605,000
Median sale
$549/wk
Median rent
4.72%
Suburb gross yield
Median sale from 15 recorded sales (last 24 months) — a Districts calculation.
VIC › Pakenham › Pomegranate Way
$622,500
Last sold
10 Nov 2018
4
Bedrooms
3
Bathrooms
2
Car spaces
611 m²
Land
33 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
$622,500
10 Nov 2018 · 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
$605,000
Median sale
$549/wk
Median rent
4.72%
Suburb gross yield
Median sale from 15 recorded sales (last 24 months) — a Districts calculation.
Vs Pakenham
+2.9%
Median sale
Suburb $605,000
-0.13 pp
Gross yield
Suburb 4.72%
Suburb median $605,000 from 15 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
$605,000
Median sale
$549/wk
Median rent
4.72%
Suburb gross yield
Median sale from 15 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate PakenhamOne of the finest homes the Cardinia Grove has to offer, this 33 sq residence is guaranteed to impress. From the front curb to the back fence, this really is perfection in so many ways.
Perfect for the extended family – both the front bedroom and rear bedroom have their own Ensuite and Walk in Robes.
Features Include:
- Meticulously manicured low maintenance gardens.
- Land size is 611sq mtrs.
- Double garage with remote opening double panel colour bond main door, plus additional roller door at the rear. Direct access from the garage to house and the back yard.
- 10,000-litre rainwater water tank, supplying all three toilets and gardens front and rear.
- Garden shed with electricity and shadow board.
- Three Whirly birds on roof to dissipate the heat.
- 4.5 Kw Solar System with 22 NESL Monocrystalline Photovoltaic solar panels and a German SMA PV Inverter, Sunny Boy 4000TL-20 Current rebate = 11.3 cents per Kw
- Very large pergola entertainment area this is covered against the weather on all sides.
- Built in BBQ adjacent to the pergola.
- House built in 2009 by W & J DE Bruin builders.
- Large master bedroom has WIR and full ensuite.
- Two bedrooms with large robes next to central bathroom.
- Separate toilet.
- Fourth bedroom off rumpus with its own WIR and full ensuite.
- Rinnai V1500 Instantaneous Gas Hot Water System.
- Large laundry with drying cupboard and broom cupboard.
- Large linen cupboard in hallway.
- Large kitchen with meals area and family room.
Kitchen includes:
- Bellissimo by Technika Gas Cooktop
- Technika Large Electric Oven
- Technika Dishwasher
- Walk in Pantry
- Stainless Steel 1½ sink with flickmixer tapwear.
- All family areas fully tiled.
- Separate rumpus/media room.
- 55" Samsung 3D Smart TV wall mounted with internet connection via either WiFi or installed cable, hidden cabling.
- Media electrics including Pioneer Tuner, Samsung 3D DVD player.
- Surround sound speakers wall mounted including a sub-woofer.
- Formal lounge.
- Ducted gas heating.
- Ducted air conditioning.
- Ducted vacuum system throughout the house.
This is a truly beautiful home that needs to be seen to be appreciated!
Listing description written by Ron Marshall, OBrien Real Estate Pakenham — reproduced as published, not verified by Districts.