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50-52 Ryan Road, Pakenham VIC 3810

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$3.5M - $4M Medium Confidence Calculated based on our search observations.

House 3 Beds 3.24 acres

Listed: 23rd Aug 2026

Updated: 11 days ago

Overview

This expansive property, encompassing approximately 13,122 square meters (3.23 acres), is situated within the Pakenham East Precinct Structure Plan (PSP), an area known for its rapid growth and proximity to some of Melbourne's premier master-planned communities. The land’s generous size and zoning position it as an ideal development site for future residential projects, subject to council approval.

An existing three-bedroom home on the land offers immediate rental or holding income, providing flexibility for investors or those aiming to gradually progress development plans. The land features a wide frontage and adaptable topography, which can accommodate a range of residential layouts and designs.

Located near the prestigious Maple Grove Estate and surrounded by significant infrastructure investment and residential developments by leading Australian developers, the property benefits from nearby amenities including schools, shopping precincts, and public transport links such as the Pakenham East Railway Station.

Fully fenced and comprising 100% net developable land (subject to approvals), this holding presents an outstanding opportunity for lifestyle-oriented buyers, developers, or those seeking a unique investment in one of Melbourne’s fastest evolving growth corridors. The scale and potential of the property warrant an inspection by appointment to fully appreciate its versatility and strategic location.

Local Market Insights

In Pakenham, Quiet Listings observed 61 new houses entering the market over the last 30 days, down from 71 during the previous 30-day period, with an average advertised asking price of $707,639. The property type mix of listed properties is predominantly Houses at 66%, followed by units (13%), and home for sales (8%). The most active agency for houses in the Pakenham area is currently Ray White, representing 33% of new listings, followed by First National with 16%. 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.