65 Norris Road, Pakenham VIC 3810

65 Norris Road, Pakenham VIC 3810
Acreage lifestyle | 1.9ha land | 2 bed modest dwelling | Rural edge appeal|This two-bedroom acreage property on 1.9 hectares suits buyers seeking semi-rural living with space for hobbies or storage near town access. The modest house structure provides basic liveability through its living areas, woodfire heating, split system, and outdoor patio, while extensive shedding supports vehicle or machinery storage on the generous lot. Positioned under 10 minutes from Pakenham town centre, it occupies a quiet rural spot within Cardinia Shire zoning, free of flood or heritage constraints, allowing flexible land use. In its street context, it aligns with larger lot holdings that draw hobby farmers or downsizers valuing privacy over urban density. Buyers typically include those transitioning from city life for affordable land scale, often pairing the home with potential for animals, workshops, or future subdivision if zoning permits. Similar acreage parcels in the local market hold steady appeal due to Pakenham’s growth spillover, maintaining value through land scarcity amid suburban expansion. The oversized 1.9ha footprint ensures long-term holding strength, as demand for such versatile blocks outpaces smaller urban lots. Practical expansions like additional shedding enhance its utility without overcapitalising the simple dwelling. Overall, its town-proximate rural positioning underpins enduring market resilience for patient owners.

Market Insight:

Pakenham is a key growth suburb on Melbourne’s south-east fringe attracting strong demand from first-home buyers and young families. Housing prices generally sit in the mid-$600k range reflecting large volumes of new housing estates. Demand is supported by rail connectivity and expanding community infrastructure. Continued population growth is expected to sustain housing demand.

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

4

Land

1.9ha

Built

Recent Assessments