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Location

Market Insights for Pakenham VIC 3810

New Listings (last 30 days)

Average price

$527,182

Lowest price

$400,000

Highest price

$600,000

17/7 Syme Road, Pakenham VIC 3810

$579,000

Search Band

$560k - $616k High Confidence Calculated based on strong search observations.

Unit 3 beds 1 bath 2 cars 244 m²

Listed: yesterday

Overview

Situated in the heart of central Pakenham, this three-bedroom unit showcases the blend of convenience and low maintenance living ideal for investors or those seeking a hassle-free property.

The property is an excellent turnkey investment secured by a long-term tenant with a lease extending through to November 2027, providing immediate rental stability.

The smart and bright layout emphasizes functionality with an open plan lounge and dining area that flows naturally and invites both relaxation and socializing. The kitchen serves as a practical hub featuring quality appliances, ample bench and storage space, meeting everyday needs efficiently.

Long-term lease with a caring tenant ensures security and ease from the outset
Open plan living enhanced by natural light creates a welcoming atmosphere
Well-equipped kitchen balances style and utility
Generously sized bedrooms with built-in robes add valuable storage
Private courtyard offers low upkeep outdoor area perfect for quiet enjoyment
Year-round comfort assured with split system heating and cooling
Double lock-up garage supports secure parking and extra storage

This property combines practicality and peace of mind in a sought-after location, well suited to investors looking for reliable returns or homeowners prioritizing easy-care living with quality tenancy.

Local Market Insights

In Pakenham, Quiet Listings observed 11 new units entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $527,182. The property type mix of listed properties is predominantly Houses at 68%, followed by units (11%), and home for sales (7%). The most active agency for units in the Pakenham area is currently Ray White, representing 27% of new listings, followed by Harcourts with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.