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VIC › Pakenham › Shade St

Lot 0630 Shade St, Pakenham VIC 3810

For saleHouse

$679,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

274 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $679,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $679,000(Listing record · 9 Aug 2026)
  • CalculationRecorded House sales in Pakenham (last 5 years) with land size: median $1,305/m² of land (n=49). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 12% above the Pakenham median recorded sale ($605,000, n=15, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pakenham's advertised median rent ($549/wk), implied gross yield would be 4.20% — 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

$679,000

Asking · $2,478/m² of land

No recorded sale for this property.

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.

See the full Pakenham report →

Vs Pakenham

+12.2%

Median sale

Suburb $605,000

-0.52 pp

Gross yield

Suburb 4.72%

Suburb median $605,000 from 15 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$679,000
Stamp Duty (Victoria)
$35,810
Transfer/Registration Fee
$1,693
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
$720,203

$41,203 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

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

Net yield
2.70%
Annual cashflow (pre-tax)
$-16,945
Interest cover (DSCR)
0.52
Annual rent
$28,548
Operating expenses
$10,185
Loan amount
$543,200
Annual interest
$35,308
Gross yield
4.20%

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$679,000available9 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 4.2%. 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

$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.

See the full Pakenham report →

Keep researching

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

Listing material

Listed by Turnkey Real Estate Group

3 Bedroom Turnkey Home in Pakenham East - Fixed Price $679,000

LOT 630 SHADE STREET, PAKENHAM EAST

$679,000 | 3 Bedrooms | 2.5 Bathrooms | 2 Car Garage | 274m² Block

THE PROPERTY

Read the full description

The Jackson 16 by Buildlab is a single-storey 3-bedroom home landing on a 274m² block at Maple Grove in Pakenham East. Coming through the porch, the entry runs past the primary bedroom suite to open onto a combined kitchen, dining and living zone that spans the rear of the home, with sliding doors connecting straight out to the backyard. The kitchen sits between the dining and living areas with a walk-in pantry close at hand, while bedrooms two and three share a separate wing off the entry hall, serviced by their own bathroom and separate WC. A double garage with rear access completes the plan.

FOR OWNER-OCCUPIERS

The layout gives a young family or first-home buyer genuine separation from day one. The primary suite sits at the front of the home with its own walk-in robe and ensuite, well away from the secondary bedrooms and their shared bathroom — a layout that works whether you’ve got toddlers you want close by or older kids who’d rather have their own space.

The open-plan living zone at the rear keeps cooking, dining and downtime all in the one sightline, so whoever’s in the kitchen is never cut off from the rest of the household. With the garage feeding straight into the home and a covered outdoor area to fall back on, the everyday logistics of grocery runs and weekend barbecues are sorted without a second thought.

THE ESTATE — MAPLE GROVE, PAKENHAM EAST

Pakenham East sits within one of Melbourne’s fastest-developing south-east growth corridors, offering easy access to the Princes Highway and Pakenham train line for a straightforward commute into the CBD. The area is building out steadily with new schools, shopping precincts and community facilities, giving residents growing local amenity without losing the space and affordability that draws people to the corridor in the first place.

With Maple Grove continuing to release new stages, buyers are still getting in ahead of the estate’s full build-out — a window that tends to close as amenity and demand increase.

What Sets This One Apart

The Jackson 16 earns its name from a genuinely efficient 149.01m² footprint that still delivers full bedroom zoning, two full bathrooms and a double garage — a combination that’s not always easy to find at this block size or price point. Paired with Buildlab’s full turnkey inclusions, this is a home ready to move into without the usual list of post-settlement extras.

Package Summary

Total: $679,000 | Bed 3 | Bath 2.5 | Car 2 | Home Size: 16sq | Land Size: 274m²

Land: $330,000 | Build: $349,000 | Title: March 2027

Contact me today to secure this home or discuss your own house-and-land package in Pakenham East.

Images, plans and drawings are for illustrative purposes only and may not represent the final product. Lot layouts, dimensions, easements and landscaping are subject to change without notice and are dependent on third-party approvals, including council and developer requirements.

Listing description written by Lachy Foster, Turnkey Real Estate Group — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Remote Garage
  • Solar Panels

Also look at

Also for sale in Pakenham

  • Lot 640 Shade St, Pakenham VIC 3810

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  • 6 Griffin St, Pakenham VIC 3810

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  • Lot 715 Botanical Boulevard Maple Grove Estate, Pakenham VIC 3810

    4-bed house. Asking $768K.

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  • Lot 714 Botanical Boulevard Maple Grove Estate, Pakenham VIC 3810

    4-bed house. Asking $813K.

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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.