Back 2 Paramount Way
Off Market

2 Paramount Way

Pakenham VIC 3810

3
2
1
819 m²
House
Last sold for $695,000
Matt KetteringhamMatt Ketteringham, last sold this property on 05 August 2025 after 19 days on market.

Overview

A Rare 819m2 Offering Convenience and Potential

Beautifully presented and set on a substantial 819m² (approx) allotment, this 3-bedroom, 2-bathroom residence represents a rare and exciting opportunity in one of Pakenham's most convenient of locations. Whether you're a discerning homebuyer seeking space and comfort, a strategic investor eyeing long-term growth, or a visionary developer looking to capitalise on land value – this property is a compelling prospect. Property Highlights: Immaculately maintained 3-bedroom, 2-bathroom home with a well-considered floorplan Expansive 819m² (approx) block offering exceptional development scope (STCA) Recently updated zoning regulations further enhance the site's future potential Ideal for subdivision, multi-dwelling projects, or luxury redevelopment Strong foundations with scope to modernise or reimagine entirely Positioned in a tightly held and highly desirable pocket of Pakenham, moments from quality schools, shopping, parklands, and public transport This is a golden opportunity to secure a property of rare scale and possibility – where lifestyle, location, and limitless potential converge.

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
819 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 2 Paramount Way is $675.5k.

Median value
$675.5k
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 2 Paramount Way

2025
Sold
$695,000
05 Aug 2025 by Matt Ketteringham, of Barry Plant Berwick
2016
Rented
Undisclosed
Leased on 02 Nov 2016 by Barry Plant Pakenham
2015
Sold
$325,000
Private Sale/Treaty on 15 Nov 2015 by Tain Bartholomew, of Harcourts Pakenham

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 149 reviews in Pakenham over the last 12 months.

Local market activity for 3 bedroom houses in Pakenham

In the last 12 months, 511 three-bedroom houses similar to 2 Paramount Way, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

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