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48 Waterside Drive, Pakenham$515,000
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48 Waterside Drive

Pakenham, VIC 3810, Australia
$500,000 – $530,000
542 m²

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About this property

Rarely does an opportunity like this present itself. Positioned high and proud overlooking the lake, this exceptional 542m2 (approx) corner allotment is arguably the last remaining parcel in the sought after Cardinia Lakes Estate offering such spectacular, uninterrupted views. Wake each morning to serene lake vistas and sweeping outlooks across the lakelands and beyond to Pakenham. This premium position provides the perfect canvas to design and build your dream home, maximising natural light, outlook, and lifestyle. Why You'll Love It: • Titled and ready to build - start planning immediately • Generous approx 542m2 corner block with flexible design options • Elevated position with stunning lake and Pakenham views • Short stroll to Cardinia Lakes Shopping Centre • Walking distance to Pakenham Primary School • Surrounded by beautiful parks, walking tracks and open spaces Enjoy the convenience of having shops, schools, and parklands just moments from your door, while still embracing the peaceful lakeside lifestyle this premium estate is known for. Opportunities like this are few and far between - secure your slice of lakeside living and build the home you've always imagined. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
542 m²
Listed
3 months ago

Repayment calculator

$2,497/month
$1,248 /fortnight
Loan $412,000 at 6.10% over 30 years

Upfront costs

Deposit$103,000
Stamp duty$25,970
Conveyancing (est.)$2,000
Total upfront$130,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Pakenham

This land in Pakenham, VIC 3810 sits within reach of public transport, local shops and nearby schools. It is listed 26% below the $700,000 median of 59 comparable landswithin 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

  • King St/Princes Hwy (bus)2.6 km away
  • Pakenham Heights Milk Bar2.5 km away
  • Atkins Road Reserve2.2 km away
  • Unnamed2.4 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.

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Suburb market

Suburb price trend

Pakenham price trend

Median sold · House 3 bed

Compound growth +3.4% / yr over 4 yrs

$675kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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