Lot #916
Co-Living Ridgelea Estate House and Land
Starting From
$852,000
Overview
$852,000 – $858,000
2
Garage
4
Bathrooms
4
Bedrooms
2
Available Lots
3810
Postcode
Pakenham, located approximately 54 km southeast of Melbourne’s CBD, is a rapidly growing suburb within the City of Cardinia. Known for its blend of suburban living and semi-rural surroundings, Pakenham has evolved from a rural town into a bustling residential hub with a strong sense of community. The area is particularly attractive to families, first-home buyers, and professionals looking for affordable housing options in Melbourne’s outer suburbs while maintaining good access to the city.
In terms of local amenities, Pakenham is well-serviced with a variety of parks, recreational areas, and community facilities. The Pakenham Lakeside area is a standout feature, providing walking paths, playgrounds, and scenic spots around its man-made lake. The suburb also boasts sports grounds, including Toomuc Reserve and Cardinia Life, a sports and aquatic center that offers swimming, gym facilities, and fitness classes. Several parks and green spaces add to Pakenham’s appeal for outdoor activities and family-friendly living.
When it comes to shopping, Pakenham has multiple options to cater to its growing population. The primary shopping hub is Pakenham Central Marketplace, which includes major retailers such as Woolworths, Coles, and Big W, along with a variety of specialty stores, cafes, and eateries. For additional shopping and dining options, the nearby Fountain Gate Shopping Centre in Narre Warren provides a larger selection of retail outlets, entertainment venues, and restaurants.
Pakenham has a good range of educational facilities, making it a suitable area for families. There are several primary schools, including Pakenham Springs Primary School and Pakenham Consolidated School. For secondary education, Pakenham Secondary College and Beaconhills College are popular choices. Beaconhills College offers both primary and secondary schooling on a large campus. The suburb is also home to a number of early learning centers, catering to the needs of younger families.
Transportation in Pakenham is a key strength of the suburb. It is the last stop on the Pakenham railway line, offering direct access to Melbourne’s CBD via regular train services. For those commuting by car, Pakenham is conveniently located near the Princes Freeway, providing easy access to Melbourne and other parts of Victoria. The suburb also has an extensive bus network that connects to surrounding suburbs and key locations such as train stations and shopping centers. The area is highly accessible for both drivers and those relying on public transport.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
