151 Pakenham RoadPakenham VIC 3810
Property Details for 151 Pakenham Rd, Pakenham
151 Pakenham Rd, Pakenham is a 3 bedroom, 1 bathroom House. The property has a land size of 1458m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Pakenham in the last 12 months.
Last Listing description (December 2025)
A truly rare offering, this substantial 1,458 square metre block presents an exciting opportunity for redevelopment (STCA) in one of the area’s most accessible and fast-growing pockets. Whether you’re an experienced developer or an ambitious investor, this property provides the space, location, and potential to create something special, all subject to council approval.
Set in a well-established neighbourhood, the property enjoys the convenience of being just a short stroll from public transport links and the highly regarded Beaconhills College, making it an attractive location for future residents. It’s also only a short drive to Pakenham’s dynamic town centre and the bustling Marketplace Shopping Centre, where an array of shopping, dining, and everyday amenities await.
The current home on the site is a solid single-level residence, featuring three bedrooms, a central bathroom, and a practical kitchen that flows into a light-filled dining space. Two generous living areas offer flexible options for family life or entertaining. Comfort is ensured year-round with a split system air conditioner and a welcoming fireplace.
With land parcels of this size becoming increasingly scarce, this property represents a blank canvas brimming with potential. There is ample scope to explore a multi-unit redevelopment (STCA) that takes full advantage of the block’s dimensions and ideal location, all in a community experiencing consistent growth and demand.
Property History for 151 Pakenham Rd, Pakenham, VIC 3810
- 05 Dec 2025Sold for $750,000
- 16 Oct 2025Listed for Sale $730,000 - $780,000
- 25 Jun 2024Listed for Sale $750,000 - $800,000
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About 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 27,634 properties. Over the last 5 years, Houses in Pakenham have seen a 36.70% increase in median value, while Units have seen a 41.18% increase. As at 30 November 2025:
- The median value for Houses in Pakenham is $756,337 while the median value for Units is $551,951.
- Houses have a median rent of $550 while Units have a median rent of $500.
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