55 Army Settlement Rd, Pakenham is a 4 bedroom, 2 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 8.76ac. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 4 bedroom AcreageSemi-rural sold in Pakenham in the last 12 months.
A superb parcel of approximately 8 acres with two road frontages and outstanding views makes this a great opportunity.
This unique property offers a renovated 2-bedroom cottage that is currently rented on a month-to-month tenancy at $360p/w, and the second dwelling offers 2 bedrooms and 1 bathroom. The property is on tank water and LPG bottle gas.
Located within minutes of Pakenham and easy access to the Princes Highway, Monash Freeway and Metropolitan Train Service.
These types of properties are hard to find with great scope to further develop your own lifestyle pursuit while being so close to development which provides enormous future benefits.
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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 27,639 properties. Over the last 5 years, Houses in Pakenham have seen a 34.40% increase in median value, while Units have seen a 26.69% increase. As at 31 January 2026:
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