2 Gum Place, Pakenham
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2 Gum Place

Pakenham, VIC 3810, Australia
3 bed 2 bath 2 car504 m²

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Listing description

About this property

Condition of entry: All visitors must register their attendance on arrival and show valid photo ID before inspecting the property. Nestled in a quiet court of Pakenham, this beautifully presented home offers an exceptional opportunity for first-home buyers, downsizers, and investors. Set on a flat 504sqm allotment, the home features three spacious bedrooms, including a private light-filled master complete with a walk-in robe and private ensuite. The remaining bedrooms are fitted with built-in robes and are serviced by a central family bathroom. The heart of the home showcases 2 generous living areas and a separate dining zone, complemented by a well-equipped kitchen offering ample bench space and storage, making this the perfect space for everyday living and entertaining. Outdoors, a spacious alfresco area creates the perfect setting for year-round entertaining, overlooking a beautifully landscaped backyard with established rose gardens and fruit trees. The low-maintenance design ensures you can enjoy the space without the heavy upkeep, while still having room for children or pets. Additional features include a double car carport with internal access, evaporative cooling, storage shed and 5kw solar panels. Perfectly positioned within easy reach of Arena Shopping Centre and Lakeside Village, and just moments from Lakeside Park, this home also enjoys proximity to sought-after schools including St Clare's Primary and St Francis Xavier College. This home offers an exceptional blend of lifestyle and convenience.

Neighbourhood

Living in Pakenham

This 3-bedroom house in Pakenham, VIC 3810 sits within reach of public transport, local shops and nearby schools. It is listed 7% below the $750,000 median of 65 comparable houseswithin 5 km.

Schools near Pakenham

  • Beaconhills Collegecombined · Prep-12 · CoEd
  • Lakeside Collegecombined · Prep-12 · CoEd
  • John Henry Primary Schoolprimary · Prep-6 · CoEd
  • Kuyim Primary Schoolprimary · Prep-5 · CoEd
  • Pakenham Consolidated Schoolprimary · Prep-6 · CoEd
  • Pakenham Hills Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Lyle Blue Ct/Princes Hwy (bus)2.6 km away
  • Coles2.6 km away
  • Unnamed2.1 km away
  • William Bruce Ronald Reserve2.4 km away
  • Unnamed2.5 km away

Pakenham at a glance

Full suburb profile
Population
54,118
Median age
33
Household income
$1,664/wk
Median rent
$351/wk
Median mortgage
$1,733/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Pakenham is experiencing significant greenfield sprawl in surrounding estates (Officer, Clyde) while the town centre is transitioning toward medium-density infill and mixed-use renewal, particularly around the railway station precinct. State infrastructure investment in regional connectivity (Princes Highway corridor) is supporting this growth, positioning Pakenham as a key node in south-eastern Melbourne's expansion into Gippsland.

Nearby projects

6

Closest

0.5 km

Pakenham Station Precinct Renewal

2.5km5km7.5km10kmPakenham Station Precinct Renewal — 0.5 kmPakenham Central Apartment Buildings (Multiple DAs) — 0.5 kmRegional Road Upgrades (Princes Highway / Princes Freeway intersection) — 2.0 kmPakenham South Mixed-Use Development — 3.0 kmClyde Estate Expansion — 5.0 kmOfficer Estate Stage 2 & 3 — 8.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Pakenham Station Precinct Renewal

0.5 km
Mixed-useProposed

Council-led urban renewal around Pakenham railway station focusing on higher-density residential, retail and improved public realm connectivity.

2026-2028

500 m

Pakenham Central Apartment Buildings (Multiple DAs)

0.5 km
Apartment buildingApproved

2-4 storey apartment and townhouse infill projects near town centre responding to increased housing density targets.

2025-2026

500 m

Regional Road Upgrades (Princes Highway / Princes Freeway intersection)

2 km
InfrastructureProposed

State-backed road and intersection improvements to support regional growth and freight movements in the Gippsland corridor.

2027

2.0 km

Pakenham South Mixed-Use Development

3 km
Mixed-useApproved

Proposed retail, commercial and medium-density residential development targeting the growing southern corridor commuter market.

2025-2026

3.0 km

Clyde Estate Expansion

5 km
Residential subdivisionUnder construction

Continuation of established residential estate delivering additional family-focused lots with new local schools and community facilities.

2026

5.0 km

Officer Estate Stage 2 & 3

8 km
Residential subdivisionUnder construction

Large-scale greenfield residential release south of Pakenham delivering 500+ lots across multiple stages with supporting local infrastructure.

2027

8.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Pakenham price trend

Median sold · House 3 bed

Compound growth +3.4% / yr over 4 yrs

$675kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Pakenham market

Within 5km

Nearby Properties

View all in Pakenham