Back 151 Pakenham Rd
Off Market

151 Pakenham Rd

Pakenham VIC 3810

3
1
1458 m²
House
Last sold for $750,000
Ben DukeBen Duke, last sold this property on 04 December 2025 after 49 days on market.

Overview

Renovate or Redevelop

A truly rare offering, this substantial 1,458 square metre block presents an exciting opportunity for redevelopment (STCA) in one of the area’s most accessible and fast-growing pockets. Whether you’re an experienced developer or an ambitious investor, this property provides the space, location, and potential to create something special, all subject to council approval. Set in a well-established neighbourhood, the property enjoys the convenience of being just a short stroll from public transport links and the highly regarded Beaconhills College, making it an attractive location for future residents. It’s also only a short drive to Pakenham’s dynamic town centre and the bustling Marketplace Shopping Centre, where an array of shopping, dining, and everyday amenities await. The current home on the site is a solid single-level residence, featuring three bedrooms, a central bathroom, and a practical kitchen that flows into a light-filled dining space. Two generous living areas offer flexible options for family life or entertaining. Comfort is ensured year-round with a split system air conditioner and a welcoming fireplace. With land parcels of this size becoming increasingly scarce, this property represents a blank canvas brimming with potential. There is ample scope to explore a multi-unit redevelopment (STCA) that takes full advantage of the block’s dimensions and ideal location, all in a community experiencing consistent growth and demand.

Features

3 bedrooms
1 bathroom
1458 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Pakenham over the last 12 months, the estimated median property value of 151 Pakenham Rd is $675k.

Median value
$675k
Estimated value range
$475k - $1.62m
Median days on market
24
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pakenham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 151 Pakenham Rd

2025
Sold
$750,000
04 Dec 2025 by Ben Duke, of First National Neilson Partners Pakenham
2020
Sold
Undisclosed
Private Sale/Treaty on 04 Mar 2020 by Claudia Michaels, of Zed Real Estate
2019
Rented
Undisclosed
Leased on 16 Apr 2019 by Ray White Pakenham & Officer

Happy sellers in Pakenham

90%
90% of sellers in Pakenham reported that their sale price either exceeded or met their price expectations.

Pakenham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 148 reviews in Pakenham over the last 12 months.

Local market activity for 3 bedroom houses in Pakenham

In the last 12 months, 514 three-bedroom houses similar to 151 Pakenham Rd, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

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