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VIC › Pakenham › Greenery Way

Lot 819 Greenery Way, Pakenham VIC 3810

For saleHouse

$720,100

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

294 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $720,100 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $720,100(Listing record · 17 July 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 18% above the Pakenham median recorded sale ($608,000, n=16, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pakenham's advertised median rent ($549/wk), implied gross yield would be 3.96% — 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

$720,100

Asking · $2,449/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.

See the full Pakenham report →

Vs Pakenham

+18.4%

Median sale

Suburb $608,000

-0.74 pp

Gross yield

Suburb 4.70%

Suburb median $608,000 from 16 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$720,100
Stamp Duty (Victoria)
$38,276
Transfer/Registration Fee
$1,789
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
$763,865

$43,765 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
2.46%
Annual cashflow (pre-tax)
$-19,699
Interest cover (DSCR)
0.47
Annual rent
$28,548
Operating expenses
$10,802
Loan amount
$576,080
Annual interest
$37,445
Gross yield
3.96%

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$720,100available17 July 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 4.0%. 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

$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.

See the full Pakenham report →

Keep researching

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

Listing material

Listed by Turnkey Real Estate Group

Fixed Price House & Land Pakenham | 3-Bed + Double Garage | $720,100

$720,100 fixed price, single-storey, three bedrooms, double garage - and every site cost locked in before you sign. We're a free builder broker service, which means we handle the entire build and connect you with the right builder at no cost to you.

If you're buying your first home:

$720,100 covers the slab, the landscaping, the alarm, the appliances, and every site cost - nothing to find after you sign, with land titling May 2027 giving you a clear timeline to plan around. The floor plan is single-storey and straightforward: three bedrooms with robes, master ensuite and walk-in robe, a large open-plan family and meals zone, and a full double garage. You may be eligible for the First Home Owner Grant and stamp duty concessions. This is the fixed-price entry point that puts you ahead.

Read the full description

If you're investing:

Three-bedroom detached homes near the new Pakenham East Train Station - 550 metres from Maple Grove - hold strong rental demand and low vacancy in this corridor. At $720,100 with all site costs, landscaping, and appliances locked in, your feasibility is clear before construction starts, and as a free builder broker service, we manage the build so you don't have to. Single-level, double garage, master ensuite, open-plan living - the layout family tenants look for and stay in. Land titles May 2027, giving you a clean construction and rental timeline to work with. Run the numbers.

If you're downsizing:

No stairs, a double garage, master ensuite with walk-in robe, and a manageable 294sqm block with full landscaping front and rear - built for buyers who want to simplify without giving up comfort. The $720,100 fixed price covers everything including the split system, stone benchtops, downlights, and alarm - nothing to add after settlement. As a free builder broker service, we handle the entire build on your behalf, so there's no builder to manage and no process to navigate alone. Pakenham's retail, medical services, and public transport are all within easy reach.

Key Features:

- $720,100 fixed price - all site costs locked in; land titles May 2027

- Free builder broker service - we manage your entire build at no cost to you

- 550m walk to Pakenham East Train Station - direct line, closest estate in the precinct

- 3 bedrooms, 2 bathrooms, double garage (5500 x 6000mm) - all single-storey, no stairs

- Master bedroom with ensuite and walk-in robe; Beds 2 and 3 with robes

- Large family and meals zone (4010 x 5050mm) - open-plan with kitchen and pantry

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

Maple Grove Estate, Pakenham

Maple Grove sits within the Pakenham East Precinct, 550 metres from the new Pakenham East Train Station - the closest estate in the precinct to the line - with the Princes Freeway five minutes away. Over 7.5 hectares of parks, wetlands, and open space are planned within the estate, while schools, childcare, and Pakenham's retail hub are all within easy reach.

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

Property features

  • Alarm System
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Toilets: 2
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.