628 Shade St. PAKENHAM, VIC 3810

Pakenham, Cardinia, VIC, 3810

$ 1,005,788

Pakenham, Cardinia, VIC, 3810
628 Shade St. PAKENHAM, VIC 3810-0
628 Shade St. PAKENHAM, VIC 3810-1
628 Shade St. PAKENHAM, VIC 3810-2
628 Shade St. PAKENHAM, VIC 3810-3
628 Shade St. PAKENHAM, VIC 3810-4
628 Shade St. PAKENHAM, VIC 3810-5
628 Shade St. PAKENHAM, VIC 3810-6
628 Shade St. PAKENHAM, VIC 3810-7
628 Shade St. PAKENHAM, VIC 3810-8
628 Shade St. PAKENHAM, VIC 3810-9

Property Images

628 Shade St. PAKENHAM, VIC 3810-0 628 Shade St. PAKENHAM, VIC 3810-1 628 Shade St. PAKENHAM, VIC 3810-2 628 Shade St. PAKENHAM, VIC 3810-3 628 Shade St. PAKENHAM, VIC 3810-4 628 Shade St. PAKENHAM, VIC 3810-5 628 Shade St. PAKENHAM, VIC 3810-6 628 Shade St. PAKENHAM, VIC 3810-7 628 Shade St. PAKENHAM, VIC 3810-8 628 Shade St. PAKENHAM, VIC 3810-9
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 166

Details

Updated on May 22, 2026

Property Type: Co living
Secondary Type: SMSF
Price: $ 1,005,788
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 650
Gross Per Annum: $ 33,800
Gross Yield: 3.36%
Capital Growth 12 Months: 6.44%
Capital Growth 10 Year Annualised: 7.18%
Vacancy Rate: 1.08%
Property Size: 166 m2
Land Area: 350 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: March 2027
Property ID: 24958
SKU: 1045
Sold: Jun 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This Co Living in Pakenham offers a well-balanced combination of modern living and investment potential. Featuring 4 bedrooms, 3 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.

Pakenham is a major growth suburb in Melbourne's south east with strong infrastructure, established retail and reliable transport links. The area offers schools, parks and rail services supporting steady owner occupier and tenant demand. Continued expansion of estates and amenities is driving long term growth and rental performance. Investors choose Pakenham for scale, convenience and consistent market depth.

This Co Living in Pakenham is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Floor plans

floor_plan.png
Address 628 Shade St. PAKENHAM, VIC 3810
City Cardinia
State VIC
Postcode 3810
Suburb Pakenham
Estate MAPLE GROVE ESTATE

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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