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.
$900,000
Last sold
1 July 2020
4
Bedrooms
3
Bathrooms
2
Car spaces
677 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$900,000
1 July 2020 · 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
+48.0%
Median sale
Suburb $608,000
-1.53 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 Bell Real Estate MontroseFlawlessly finished and offering luxurious lakeside accommodation of exceptional proportions, this magnificent Carlisle Home will impress with its commanding street presence and its location within the picturesque Lakeside Estate. The prestigious locale just 90 metres from Lakeside Recreation Reserve puts an impressive array of attractions right at your door enabling you to enjoy boutique shopping, lush parklands, acclaimed schools and a fabulous selection of eateries. This unforgettable 42sq resort-style home is overflowing with amazing features and presents an incredible opportunity for anyone searching for their dream home. Stylish and contemporary interiors flow over two levels responding to the needs of modern growing families revealing effortless indoor/outdoor entertaining, home cinema, stunning inground pool and multiple living areas.
The grand hallway, showcasing an elegant staircase, high ceilings and an abundance of natural light creates an instant impression of quality, spaciousness and grandeur. On the ground floor you will discover the open-plan kitchen with luxe stone bench tops, stunning glass splash back, premium 900 mm appliances including dishwasher as well as an incredible walk in pantry. An adjacent meals and family room free flowing out into a beautiful alfresco area makes for easy entertaining. Completing the downstairs floorplan is a front formal lounge for quiet movie nights, huge rumpus or theatre room for the teens to gather with friends and a study/5th bedroom and powder room with shower ideal for guests.
The jewel in the crown of the upper floor is the incredible master suite easily accommodating a king sized bed and boasting a huge walk in robe and his and her vanity ensuite along with a retreat and a private balcony to enjoy cool summer breezes. Additionally, there are three other double bedrooms, an elegant family bathroom with luxurious spa bath and a secluded living area adding further appeal.
This show-stopping residence is an entertaining oasis both inside and out with options comprising of four different living zones while outside enjoys a huge all-weather pergola overlooking a luxurious inground pool and adjoining 12 seat spa pool finished in striking sandstone. The ultimate in luxurious relaxation.
Further highlights include 8.5 kw solar system, zoned refrigerated climate control throughout, built-in wardrobe storage systems, under stair storage, an oversized double remote garage with internal access and two garden sheds.
Peacefully positioned in a quiet court, the home is close to Monash Freeway and Princes Highway, Lakeside Square and Arena Shopping Centres and Pakenham Lakeside Primary School. Don’t delay. Enquire today.
Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.