23 Half Moon Cres Pakenham VIC 3810

23 Half Moon Cres Pakenham VIC 3810
3 bed house | 504mΒ² lot | FTTP NBN | bushfire overlay | Pakenham school zones This house presents a competitively sized family offering on a substantial lot within a defined estate, a configuration increasingly scarce in new release areas. The established building footprint and elevation data suggest a stable, modern construction. It serves buyers seeking space and permanence, positioned within the catchment of established public schools, which sustains fundamental demand. The primary decision mechanism is the bushfire overlay, which imposes specific construction standards and may elevate insurance premiums, a direct carrying cost. The price positioning below recent street comparables and estimated value indicates a negotiable entry. Acquire as a long-term hold, leveraging the lot size and school zones for capital stability. Our report quantifies the overlay’s insurance impact and provides verified sales evidence to anchor your offer. * No. 8 Half Moon Cres: For sale at $750,000-$820,000 (3 bed inferred). * House 3, Half Moon Cres: Sold April 2025 for $703,000 (purchased 2018 for $492,500). These comparables demonstrate solid value growth on the street and support the subject property’s listed range as commercially logical. The 2021 purchase price provides a clear baseline for vendor equity.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Pakenham is a high-volume, family-driven market in Melbourne’s outer south-east, characterised by robust demand and rapid sales. Its appeal lies in strong transport links and ongoing infrastructure development, attracting buyers seeking relative affordability. Recent price growth has been solid, supported by tight rental yields and low vacancy, indicating sustained pressure. Future prospects are tied to continued population growth and connectivity improvements, though sensitivity to interest rates and affordability constraints present watchpoints in an otherwise active corridor.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

504mΒ²

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