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 › Vanessa Circuit
$730,000
Last sold
6 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
598 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
$730,000
6 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Pakenham (last 5 years) with land size have a median of $1,339/m² of land (n=48). 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
+20.1%
Median sale
Suburb $608,000
-0.79 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 PakenhamNeatly tucked away within a quiet pocket of the Arden Estate in Pakenham, this huge family home is going to impress from the moment you first arrive!
As you enter this exceptional home, you'll immediately be greeted by a sense of tranquillity and spaciousness. This Balinese-inspired family home is bathed in natural light, creating a warm and inviting atmosphere that's perfect for both relaxation and entertainment.
Designed predominately with family in mind, the home boasts four spacious bedrooms, the main suite featuring a walk-in robe and ensuite with an additional bathroom servicing all remaining bedrooms. The three huge living areas provide versatility and flexibility, catering to various lifestyle needs and preferences. One thing is assured, there is no lack of living space within this home!
The centrepiece of the home is undoubtedly the open plan modern kitchen, featuring a huge bench that's perfect for meal preparation and casual dining. With its sleek design and functional layout, this kitchen is sure to inspire your inner chef.
Step outside onto the covered alfresco area, complete with a beautiful merbau deck, where you can enjoy the fresh air and sunshine year-round. Additional convenient features include split system heating and cooling, double garage with internal access providing added security and convenience, while the spacious 598m2 flat block offers endless possibilities for outdoor enjoyment and landscaping.
Located just a short walk away from Pakenham Springs Primary School, this home is perfect for families with young children. You'll also find Heritage Plaza Shopping centre nearby, where you can easily access a wide range of amenities and services. For those who commute regularly, you'll appreciate the quick and easy access to public transport and the M1 freeway, making travel to and from the property a breeze.
25 Vanessa Circuit offers not just a home, but a lifestyle. With its Balinese-inspired design, spacious living areas, and unbeatable location, this property presents a rare opportunity to live your dream life in Pakenham. Be Quick! This stunning home offers exceptional value and simply won't last. Call Brad Townsend to arrange a viewing TODAY!
Listing description written by Brad Townsend, OBrien Real Estate Pakenham — reproduced as published, not verified by Districts.