155 Dore Road, Pakenham, VIC 3810 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
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155 Dore Road
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 350m2
Land area: 49.22ac
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**PRIME RESIDENTIAL DEVELOPMENT SITE IN APPROVED PAKENHAM EAST PSP**

Raine & Horne Land Victoria proudly presents a rare and substantial 49.22-acre landholding within Melbourne's rapidly expanding Pakenham East PSP and GWZ, offering an exceptional blend of immediate lifestyle appeal and outstanding long-term residential development potential.
Positioned within one of Victoria's fastest-growing regions and surrounded by major master-planned communities, this strategically located property represents a compelling opportunity for developers, land bankers and astute investors alike. With a significant portion of the land already within the Approved Pakenham East Precinct Structure Plan (PSP) and further land held within the Green Wedge Zone, this holding offers flexibility, scale and future upside rarely found in today's market.
Property Features:
• Total land size of 49.22 acres*
• 27 acres within the Approved Pakenham East PSP*, including a Net Developable Area (NDA) of 14.18 acres, primed for future residential development (S.T.C.A)
• 22.22 acres in GWZ*, offering land banking and lifestyle flexibility
• 3-bedroom, 1-bathroom residence located within the GWZ
• Surrounded by major master-planned communities including Averley (Stockland), Ridgelea (Parklea), Kala (SIG Group), Maple Grove (Satterley)
• Stone's throw to the Princes Highway
• Approx. 5 minutes to Pakenham East Railway Station
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Property Details for 155 Dore Rd, Pakenham

155 Dore Rd, Pakenham is a 3 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 49.22ac and floor size of 350m2. The place is currently for sale with Raine & Horne Land Victoria.

Building Type
AcreageSemi-rural
Floor Size
350m2
Land Size
49.22ac
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About Pakenham 3810

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 27,933 properties. Over the last 5 years, Houses in Pakenham have seen a 21.51% increase in median value, while Units have seen a 24.18% increase. As at 30 June 2026:

  • The median value for Houses in Pakenham is $759,307 while the median value for Units is $543,054.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 214 properties listed for sale, and 70 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1407 properties were sold in the past 12 months in Pakenham.

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Kevin Paghdar
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Atul Sama (Sunny)
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Raine & Horne Land Victoria
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