144 Ahern RoadPakenham VIC 3810
Property Details for 144 Ahern Rd, Pakenham
Last Listing description (January 2026)
An extraordinarily rare opportunity awaits for the right developer with a substantial approx. 4,349m parcel in one of Melbournes most dynamic growth corridors.
This property offers not just a comfortable existing home, but real strategic upside for developers, investors, and land-bankers alike.
Set on a significant landholding of over 1 acre, the existing residence features five bedrooms, two bathrooms and four car spaces, delivering solid rental appeal and immediate usability while future plans are considered.
What makes this offering truly compelling is its scale, frontage and location! With Melbournes south-eastern growth corridor continuing to attract strong demand, this site presents a rare chance to capture both generational land value and development potential (Subject to Council Approval).
For developers and investors, the opportunity is significant:
High-impact landholding in a thriving growth precinct
Future development or subdivision potential (STCA)
Strategic land-banking asset with substantial size and frontage
Immediate rental return while plans progress
Positioned near major infrastructure, schools, transport and amenity
Situated only minutes from Pakenham centre, quality schools and emerging infrastructure, this property integrates lifestyle, convenience and long-term investment fundamentals.
Demand in this suburb continues to outpace supply, with large-format sites rarely presenting to market. For buyers seeking a platform for transformation whether through subdivision, redevelopment or value-add; 144 Ahern Road represents unmatched scope and potential in todays market.
Opportunities of this size and strategic promise are becoming increasingly rare.
Inspections are highly recommended.
Key Features
Approx. 4,349m landholding in established Pakenham locale
Existing 5 bedroom, 2 bathroom residence with strong rental potential
Dual frontage and expansive allotment ideal for creative planning (STCA)
Immediate income or occupation, with scope for future growth
Close proximity to Pakenham centre, schools and major transport links
Property History for 144 Ahern Rd, Pakenham, VIC 3810
- 06 Jan 2026Listed for Sale Not Disclosed
- 04 Feb 2025Listed for Sale $1,950,000 - $2,100,000
- 08 Mar 2013Sold for $510,000
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0About Pakenham 3810
The size of Pakenham is approximately 85.9 square kilometres. It has 124 parks covering nearly 5.8% of 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 27,600 properties. Over the last 5 years, Houses in Pakenham have seen a 36.25% increase in median value, while Units have seen a 28.18% increase. As at 31 December 2025:
- The median value for Houses in Pakenham is $767,085 while the median value for Units is $515,793.
- Houses have a median rent of $550 while Units have a median rent of $500.
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