Exciting new development in Pakenham for owner occupiers and investors. This hand picked site is located just off of the main entrance to the South East Business Park and is surrounded by quality national and international tenants such as ARB, Isuzu, Ironman, Toyota, Mazda, Dahlsens and Car Megamart to name a few. Unit sizes range from 130m - 480m with all units having permits in place for offices. The developer however has the flexibility to sell most of the units with or without the office component.
The size of Pakenham is approximately 85.9 square kilometres. There are 124 parks, covering nearly 5.8% of the total area. The population of Pakenham in 2016 was 46421 people. By 2021 the population was 54118 showing a population growth of 16.6% in the area during that time. The predominant age group in Pakenham is 30-39 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation.In 2021, 65.00% of the homes in Pakenham were owner-occupied compared with 65.00% in 2016.
Pakenham has 27,960 properties. Over the last 5 years, Houses in Pakenham have seen a 18.97% increase in median value, while Units have seen a 25.97% increase. As at 31 July 2026:
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