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 › Banjo Paterson Dr
$850,000
Last sold
16 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
779 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
$850,000
16 June 2021 · 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
+40.5%
Median sale
Suburb $605,000
-1.36 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 Pakenham"To inspect this property, buyers must register with the selling agent prior to the advertised time the agent will be on site, to ensure we comply with government requirements around limits on numbers of buyers allowed in any house at one time."
If you have been searching for a quality family home in a prestigious location, that lends itself perfectly to all year round entertaining, then 36 Banjo Paterson Drive ticks all the boxes.
Sitting on an approximately 780m2 block in the sought-after Heritage Springs Estate, this practically designed home will allow the lucky purchaser to cosily snuggle up on front of the gas fire in winter with your favourite drink or enjoy entertaining in the stunningly prepared backyard in summer, which flows seamlessly from the family room and huge fully enclosed pergola.
Only several minutes to the M1 freeway, primary and secondary schools as well as local and major shopping precincts, this lifestyle property further offers;
- A formal lounge or cinema room with fan forced gas fire and feature floating timber floors.
- A fully appointed kitchen incorporation a free standing 900mm stainless steel cooker and ample bench space.
- A spacious family room and dining area, with bifold doors opening directly out to the rear yard and sliding doors opening to the pergola.
- A paved fully enclosed pergola as large as some small houses, perfect for parties or young children to securely play all year round.
- An oversize double garage with internal access and rear roller door leading directly into the pergola.
- A detached thatched gazebo where you can escape the hustle and bustle of the day.
- Ducted heating and evaporative cooling plus solar power to help offset the bills.
Position all this in a wonderful neighbourhood on a flat block and your family will capitalise on the hard work our vendors have done to create this beautiful lifestyle property which will see you living happily ever after for years to come.
An inspection won't disappoint and with the market still rising, now is the time to buy, so don't delay as homes like this sell fast.
Listing description written by Rod Capuano, OBrien Real Estate Pakenham — reproduced as published, not verified by Districts.
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