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This property has been sold for $575,000 on 2 Sept 2026
50 days on market
Market context at sale
Property overview
This 2-bedroom house at 3 Paperbark Dr in Pakenham, VIC 3810 sold for $575K in September 2026, with 1 bathroom and parking for 1. It offers a 266 m2 block and 115 m2 of internal living space. The house was built in 2007. Pakenham sits about 55 km from the CBD, where the median house price is $720K. Council data shows no flood or bushfire overlay on the site. There are 15 schools within roughly 5km, and the area scores 42 for walkability and 95 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $605,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
50
Investment Score
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Pakenham at a glance
House market signals | VIC 3810
Median
$720K
Market signals
To CBD
55 km
Est. Valuation
$605,955
Potential Sell Price
Est. Rent/wk
$523
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $605,000
- Stamp Duty (Victoria)
- $31,370
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $640,570
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3810
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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