515 Pakenham Road, Pakenham Upper VIC 3810

4 bed farmhouse | 1985 build | bushfire overlay | satellite internet | school zone This property presents a competitively strong offering for a buyer seeking a semi-rural lifestyle with modern home conveniences within a school catchment. Its four-bedroom, two-bathroom configuration on a potentially larger landholding is rare for the area, typically dominated by either smaller urban houses or larger farms. The inclusion of solar panels, ducted heating, and a garage positions it as a comfortable, updated residence. It serves families or rural-residential buyers prioritizing space and school access over proximity to dense urban infrastructure. The primary decision hinges on resolving the significant land size discrepancy, as a 255m² lot contradicts the farm classification and estimated value range. The bushfire overlay imposes specific construction and insurance costs, while satellite internet limits connectivity. For a confirmed ~1.6 hectare holding, this represents a high-value opportunity below estimated market ranges. Proceed only after verifying title dimensions and obtaining a bushfire attack level report. A Propcred report would clarify the true land value, detail overlay compliance costs, and secure competitive insurance quotes. Recent comparable sales nearby are limited, but context is available. At 265 Pakenham Road, a three-bedroom home on 1.99 acres sold recently, indicating sustained buyer demand for land in this corridor. The lack of direct sales for four-bedroom farmhouses in Pakenham Upper underscores the relative rarity of this listing’s configuration.