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 › Flightless Rd
$704,100
For sale
Asking
3
Bedrooms
2
Bathrooms
1
Car spaces
337 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
Asking
$704,100
Asking · $2,089/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
$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
+15.8%
Median sale
Suburb $608,000
-0.65 pp
Gross yield
Suburb 4.70%
Suburb median $608,000 from 16 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$42,768 on top of the price (6.1% extra)
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.
Pre-filled with Pakenham's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 4.1%. 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
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 Turnkey Real Estate GroupOne fixed price, zero surprises - $704,100, slab to landscaping, done. We're your free builder broker, working for you, not the builder, three minutes from East Pakenham Station.
If you're buying your first home:
Your deposit goes further when the price can't move - $704,100 fixed, covering everything from site costs to landscaping, with our team acting as your free builder broker throughout, working for you rather than the builder. The layout gives real separation: main bedroom with ensuite and walk-in robe, two further bedrooms with built-in robes sharing a family bathroom, and a single family/meals hub. Stone benchtops, 900mm appliances, split system air conditioning and flyscreens mean nothing left to budget for after settlement. East Pakenham train station is minutes away, with Officer Secondary College and Pakenham Springs Primary School close by. You may be eligible for FHOG or stamp duty concessions. Land is untitled, titling Q1 2027, so you can lock in today's price and start ahead.
If you're settling in as an owner-occupier:
A single-level, three-bedroom layout does the job for a young family without a big block to manage - main bedroom set apart from the kids' rooms, family/meals as the everyday hub. Turnkey inclusions take the guesswork out of moving in: tiled shower bases, downlights, flooring laid, and a colour sealed concrete driveway ready from day one. Ridgelea's masterplan includes 44 hectares of parks and sporting reserves, and Bunyip State Park and the Strzelecki Ranges sit close by. Berwick and Westfield Fountain Gate are a short drive for bigger shopping trips. Fencing, landscaping and an alarm system are already included, and because we broker the build on your behalf at no cost, you've got one point of contact start to finish. Land is untitled, titling Q1 2027 - fixed at $704,100 regardless.
If you're investing:
At $704,100, this sits close to Pakenham's median house price of $718,250 - an entry point, not a premium. Rents have grown 2.3% against a tight 1.52% vacancy rate, and proximity to East Pakenham station is the kind of tenant drawcard that supports demand in a growth corridor. The straightforward three-bed, two-bath, single-garage layout suits the local tenant profile without over-capitalising. Turnkey inclusions reduce ongoing management, our free broker service means we manage the builder relationship on your behalf, and the fixed price protects your numbers before you've settled. Land is untitled, titling Q1 2027 - run the timeline against your finance and confirm any relevant concessions with your broker.
Key Features:
- Fixed price $704,100 – full turnkey, move-in ready
- All site costs included and fixed – no hidden extras
- Free builder broker service – we work for you, not the builder
- Untitled land, titling Q1 2027
This Fixed Price Home & Land Package Includes:
- Fixed price site costs
- Front landscaping including dripper irrigation system with battery-operated timer for easy maintenance
- Rear landscaping including mulched garden beds with trees or plants along the rear boundary, turf and topping to the remaining rear and side areas, plus a dripper irrigation system connected to the tap
- Full shared fencing to side and rear boundaries, including side gate in accordance with developer guidelines
- Coloured concrete driveway
- Fold-away clothesline with coloured concrete pad
- Concrete letterbox designed to suit the home and comply with estate design guidelines
- Timber laminate flooring, carpet to bedrooms, and tiles to wet areas
- Heating and cooling
- Holland blinds throughout
- Flyscreens to all windows
- Sliding flywire doors
- Stainless steel 900mm kitchen appliances
- 2580mm high ceilings
- Stainless steel dishwasher
- Stone benchtops to kitchen
- Tiled shower bases
- Downlights throughout
- Alarm system including sensors and keypad at entry
- Bushfire Attack Level (BAL) 12.5 requirements where applicable
- Re-establishment survey of the block where required
- Choice of gold, black, or chrome tapware to kitchen
- Council infrastructure levy where applicable
- Brickwork above all windows and doors in lieu of FC sheet (excluding above garage door)
- Facade render where required for developer approval
- All developer requirements included
- Temporary fencing during construction
- Compliance with all Occupational Health & Safety build requirements
Ridgelea Estate, Pakenham
Ridgelea sits in Pakenham East, minutes from the newly opened East Pakenham train station, with schools, shopping and the CBD all within easy reach. Officer Secondary College and Pakenham Springs Primary School are close by, and the completed estate will include a town centre, two primary schools, a secondary school and 44 hectares of parks and reserves. Berwick and Westfield Fountain Gate are a short drive away, with Bunyip State Park and the Strzelecki Ranges on the doorstep.
Listing description written by Vanessa Librea, Turnkey Real Estate Group — reproduced as published, not verified by Districts.