Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location

Market Insights for Pakenham VIC 3810

New Listings (last 30 days)

Average price

$911,500

Lowest price

$414,000

Highest price

$1,495,000

305 Pakenham Road, Pakenham VIC 3810

$3,500,000

Search Band Search Visibility Band

$3.5M - $3.68M Transparent Transparent Listing Based on an openly advertised listing price.

Land 35 acres

Listed: 20th Jun 2026

Updated: 3 days ago

Overview

This expansive 35-acre (approximately 141,640 square meters) parcel of vacant residential land offers a unique opportunity for those with vision and ambition. Situated close to the development fringe, the property benefits from bitumen road frontage and access to mains water, making it a practical and strategic investment.

The land currently features two comfortable three-bedroom homes, providing year-round living options. These residences are complemented by various shedding facilities, supporting a lifestyle that blends rural tranquility with functional living spaces.

Strategically positioned, the property offers broad views of the surrounding residential housing developments, highlighting its potential for future growth and subdivision. The lifestyle appeal of living on a large landholding is immediate, while the increasing demand for housing in the area suggests promising prospects for capital appreciation over time.

Access to the property is via a long private driveway, ensuring privacy and a peaceful environment. This setting is ideal for those seeking a rural lifestyle close to urban conveniences, with the added benefit of potential future development opportunities.

Overall, this property represents a rare chance to secure a substantial landholding with existing comfortable dwellings, positioned in a growth corridor with multiple dwelling lifestyle possibilities and future potential.

Local Market Insights

In Pakenham, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 7 during the previous 30-day period, with an average advertised asking price of $911,500. The property type mix of listed properties is predominantly Houses at 66%, followed by units (12%), and land (7%). The most active agency for land in the Pakenham area is currently Stonebridge Property Group, representing 17% of new listings, followed by Canford Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.