247 Mcgregor Rd, Pakenham is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 369884m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
This well positioned parcel in the fast growing South East corridor is well located inside the Urban Growth Boundary (UGB) and will enjoy exceptional access and exposure from multiple main road frontages.
Currently leased on good return that makes investment secure.
This is a lifetime opportunity to secure this wonderful property with exposure of Princess Hwy and McGregor road in Pakenham West PSP.
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 27,599 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:
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