8 Haakman Way, Pakenham VIC 3810
8 Haakman Way, Pakenham VIC 3810
3 bed townhouse | park-front position | dual living zones | master balcony | compact 169m²
This townhouse holds a genuine competitive edge through its parkland adjacency and dual living zones, a combination rarely found in compact stock. The master suite with ensuite, walk-in robe, and private balcony elevates it beyond standard entry-level product, while the separate toilet and central bathroom add practical family function. Positioned within walking distance of rail, shopping, and schools, it serves first-home buyers and investors seeking low-maintenance living without sacrificing commuter convenience. The configuration suits young families or professionals who prioritise lock-and-leave ease over land area.
The 169m² footprint may limit appeal for buyers seeking outdoor space or future extension potential, and the townhouse format typically carries higher body corporate expectations than detached housing. Its price band sits below larger family homes in the area, yet above typical investor entry points, which may narrow the buyer pool slightly. Rental appeal appears solid given the location cluster, though exact yield depends on final purchase price and prevailing lease rates. The 2016 sale history suggests modest capital growth since then, but the current asking range reflects the improved park-side positioning and internal upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Haakman Way, Pakenham VIC 3810
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Pakenham, in Melbourne’s outer south-east, is a family-driven growth corridor. House medians sit around $700,000, with annual growth of 6.1–8.0%; units range $515,000–$547,500, growing up to 10% annually. Family demand is explicit: four-bedroom houses command $750,000–$959,000, and sales volumes of 1,039–1,239 a year with median days on market of 15–16 signal competitive conditions. Rental yields are modest—houses 4.08%, units 4.6–5.0%—but weekly rents hold at $550–$560 for houses and $470–$500 for units, keeping investor interest. Regional rail and road links to Melbourne plus infrastructure works support future growth. Constraints: affordability is stretched near $700,000, supply is moderate (64 listings), and growth is interest-rate sensitive.
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PropCred Estimated Value
Comparable Sales: nearby 3-bed townhouse sold mid-$600s; larger detached house on 897m² sold $725,000 | Property Price Band: $570,000–$620,000 | Value Drivers: parkland outlook, dual living layout, rail and school proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
169m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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