16 Discovery Street, Pakenham VIC 3810
This property is Off Market
- The Average property price in this area is $951,604, this is based on recent transactions.
- Distance to the coast 15.39 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Pakenham - South
With an average age of 30, households expect an average monthly mortgage payment of $1,737 or a weekly rent payment of $386. The average family earns a weekly income of $1,970 with a typical household size of 3.3 and a 95.36% employment rate.
Consistent high demand relative to supply is a key feature in Pakenham driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Pakenham are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Pakenham provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Pakenham requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Garfield
Lakeside
Tynong
Cranbourne
Pakenham
Nar Nar Goon
Emerald
Gembrook (Town)
Gembrook (Heritage)
Cockatoo
General Points of Interest
Pakenham Bowls Club
Pakenham Outdoor Swimming Pool
Cardinia Life Leisure Centre
Ronald Clifford Andrews Memorial
Deep Creek Golf Club
Pakenham Regional Tennis Centre
Pakenham Place Shopping Centre
Heritage Springs Shopping Village
Home Consortium Pakenham
Pakenham Central Marketplace
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 3838 asthma sufferers and 1063 people living with diabetes. In addition, 1156 people have a heart/vascular condition and 2530 people live with three or more chronic diseases.A good place to invest in property?
Pakenham - South a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
47 / 100
52 / 100
Industry
24 / 100
17 / 100
Population
51 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
38 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsJohn Henry Primary School Pakenham Secondary College
Property Story
16 Discovery Street, Pakenham, Vic, 3810 is a residential property . The estimated distance to the sea is 15.39km and 0.29KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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