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Location
Market Insights for Pakenham VIC 3810
New Listings (last 30 days)
6
Average price
$911,500
Lowest price
$414,000
Highest price
$1,495,000
Other properties in this postcode
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5 Tranquil Way, PAKENHAM VIC 3810
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22 Nivelle Drive, PAKENHAM VIC 3810
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Princes Hwy, PAKENHAM VIC 3810
Princes Hwy, PAKENHAM VIC 3810
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4 Wisteria Court, PAKENHAM VIC 3810
4 Wisteria Court, PAKENHAM VIC 3810
$730,000 - $750,000
House 4 Beds 2 Baths 2 Cars 502 m²
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Lot 6/39 Exchange Drive, Pakenham VIC 3810

Search Band Search Visibility Band
$5M - $6M Medium Confidence Calculated based on our search observations.
Land 9998 m²
Listed: 11th Aug 2026
Updated: yesterday
Overview

This substantial industrial landholding situated in Pakenham’s flourishing South East growth corridor represents an exceptional opportunity for developers, owner-occupiers, and investors seeking prime real estate in a rapidly expanding industrial precinct.

  • Covering an expansive 9,998 square metres, the property offers significant scale and flexibility for a variety of industrial applications.
  • Its Industrial 1 Zoning (IN1Z) underlines its suitability for a broad range of industrial uses, subject to council approval, enhancing its potential and adaptability.
  • A key asset is the 32-metre street frontage on Drovers Place, providing excellent visibility and access.
  • Strategically located, the site benefits from direct connectivity to the M1 Princes Freeway via Koo Wee Rup Road, facilitating efficient logistics and transport operations.
  • The property is delivered by an experienced developer with a proven track record, ensuring trusted quality and planning.

Positioned within one of Melbourne’s fastest-growing industrial areas, this rare and expansive land offering is well-placed to accommodate future industrial growth and development demands, offering long-term strategic value in a high-demand location.

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.