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VIC › Pakenham › Caspian Chase

16 Caspian Chase, Pakenham VIC 3810

For saleHouse for Sale

$750,000–$800,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

2

Car spaces

544 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $750,000–$800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $750,000–$800,000(Listing record · 11 Aug 2026)
  • FactLand 544 m²; no building size recorded.(Property record)
  • CalculationAsk is 23% above the Pakenham median recorded sale ($608,000, n=16, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pakenham's advertised median rent ($549/wk), implied gross yield would be 3.81% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$750,000–$800,000

Asking range · $1,379/m² of land

No recorded sale for this property.

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.

See the full Pakenham report →

Vs Pakenham

+23.4%

Median sale

Suburb $608,000

-0.89 pp

Gross yield

Suburb 4.70%

Suburb median $608,000 from 16 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$750,000
Stamp Duty (Victoria)
$40,070
Transfer/Registration Fee
$1,859
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$795,629

$45,629 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Pakenham's advertised median rent — not a rent for this listing.

Net yield
2.31%
Annual cashflow (pre-tax)
$-21,702
Interest cover (DSCR)
0.44
Annual rent
$28,548
Operating expenses
$11,250
Loan amount
$600,000
Annual interest
$39,000
Gross yield
3.81%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$750,000–$800,000available11 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Pakenham in one glance

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.

See the full Pakenham report →

Keep researching

  • Why Pakenham? Read the area thesis →
  • What else is on the market in Pakenham →
  • Other records on Caspian Chase →

Listing material

Listed by Your Expert Real Estate

Impressive Family Home in Popular Cardinia Lakes Estate

Perfectly positioned within the highly sought-after Cardinia Lakes Estate, this impressive five-bedroom family home offers generous proportions, multiple living zones and an exceptional outdoor entertaining area designed for relaxed family living and entertaining.

From the moment you step inside, the home welcomes you with an abundance of natural light, high 2.7-metre ceilings and a spacious, practical floorplan that provides plenty of room for the whole family to spread out and enjoy.

Spacious Family Living

Read the full description

The accommodation comprises five generous bedrooms, with the privately positioned master suite featuring a walk-in robe and ensuite.

A standout feature of the home is the impressive selection of living spaces and an open-plan dining zone. Whether you're looking for a quiet space to unwind, a dedicated area for the kids or room to entertain guests, this home offers flexibility for the entire family.

At the heart of the home, the well-appointed kitchen combines functionality with plenty of storage. Featuring ample cabinetry, a dishwasher, 900mm stove, 600mm oven and double sink, it provides an ideal setting for both everyday meals and entertaining.

The spacious laundry is equally practical, offering extensive built-in cabinetry and convenient direct access to the backyard.

Entertain Outdoors

Step outside to discover a large covered outdoor entertaining area, perfect for hosting family and friends throughout the year.

The low-maintenance backyard features multiple raised garden beds, providing the perfect opportunity to grow your own herbs, vegetables and fresh produce. Additional features include working solar panels and convenient external roller-door access from the garage.

Family-Friendly Cardinia Lakes Location

Enjoy the lifestyle and convenience that comes with living in the popular Cardinia Lakes Estate. Pakenham continues to attract families with its modern estates, established infrastructure, shopping precincts, parks, lakes and extensive range of local amenities.

You'll have easy access to a variety of shopping, restaurants and cafés, along with major retailers including Bunnings, Officeworks, Target and Big W.

Families are also well catered for with a selection of nearby schools, including Pakenham Secondary College, Chairo Christian School, St Patrick's Primary School and Lakeside College.

For commuters, Pakenham and Cardinia train stations are conveniently located nearby, providing access to public transport and surrounding areas.

Property Highlights

• Five generous bedrooms

• Master bedroom with walk-in robe and private ensuite

• Spacious living areas

• Open-plan dining area

• High 2.7-metre ceilings

• Abundant natural light

• Well-appointed kitchen with ample storage

• Dishwasher, 900mm stove and 600mm oven

• Double sink

• Spacious laundry with built-in cabinetry

• Direct laundry access to backyard

• Large outdoor entertaining area

• Low-maintenance backyard

• Multiple raised garden beds

• Working solar panels

• External roller-door access from garage

• Positioned within the popular Cardinia Lakes Estate

Offering space, flexibility, functionality and an enviable family-friendly location, this impressive home presents an outstanding opportunity for families looking to enjoy comfort and convenience in one of Pakenham's popular communities.

For further information or to arrange an inspection, please contact Crystal on 0425 839 535

PHOTO ID IS REQUIRED FOR INSPECTION.

Disclaimer: This property has been virtually staged for advertising purposes.

Listing description written by Crystal Lin, Your Expert Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.