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53 Solid Drive, Pakenham$490,000
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53 Solid Drive

Pakenham, VIC 3810, Australia
$470,000 – $510,000
983 m²

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About this property

Positioned on a generous 983m2 (approx) parcel of land in a sought-after location, this exceptional property presents an exciting opportunity for homeowners, investors, and developers alike. Whether you're looking build your dream home, or explore the subdivision potential (STCA), this is a rare offering with endless possibilities. Offering generous proportions and outstanding development potential, this is an increasingly rare chance to secure a substantial parcel of land with the ability to deliver a quality dual-occupancy project. Whether your strategy is to build and sell, build and retain, or expand your investment portfolio, this property offers exceptional flexibility and strong future potential in a thriving residential market. Ideally located just moments from Pakenham's vibrant town centre, you'll enjoy convenient access to a wide range of shopping, cafés, restaurants, supermarkets, and essential services. Excellent public transport options and major road connections further enhance the appeal, providing seamless connectivity throughout Melbourne's rapidly expanding southeast. Families and future purchasers will appreciate the abundance of quality education nearby, including Beaconhills College, Pakenham Hills Primary School, Pakenham Secondary College, Pakenham Consolidated School, and ECG College Pakenham, adding even greater value to this exceptional location.

Property Details

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

Repayment calculator

$2,375/month
$1,188 /fortnight
Loan $392,000 at 6.10% over 30 years

Upfront costs

Deposit$98,000
Stamp duty$24,470
Conveyancing (est.)$2,000
Total upfront$124,470
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 22% below the $630,000 median of 65 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

  • Lyle Blue Ct/Princes Hwy (bus)1.5 km away
  • Pakenham Heights Milk Bar1.1 km away
  • Unnamed990 m away
  • Unnamed1.2 km away
  • Unnamed1.3 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

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

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Price history

Price history

Listing price changes

1 price change recorded for this property

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