Back 40 Rica Road
Off Market

40 Rica Road

Pakenham VIC 3810

448 m²
Land
Ian HarrisIan Harris, last sold this property on 17 October 2021 after -262 days on market.

Overview

Minton Land Release at Mt Pleasant

Pakenham has become a sought-after suburb to live in. With its’ residential growth and picturesque green hills, more and more people are looking to build their new house and call Pakenham home.

Features

448 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Pakenham over the last 12 months, the estimated median property value of 40 Rica Road is $410k.

Median value
$410k
Estimated value range
$245k - $6.05m
Median days on market
134
Estimated value trend
-2%
decrease 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 40 Rica Road

2021
Sold
Undisclosed
17 Oct 2021 by Ian Harris, of KR Peters 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 146 reviews in Pakenham over the last 12 months.

Local market activity for land plots in Pakenham

In the last 12 months, 47 land plots similar to 40 Rica Road, have been sold.

This represents a 9% decrease in land plots sales when compared to the previous 12 months.

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