A rare opportunity to purchase a vacant parcel of grazing land located close to the M1 freeway and Pakenham/Koo Wee Rup townships. The flat land is ideally suited for those looking to build a house and accompanying shedding of their choice! The block has a dam for stock purposes.
Easily accessible to the new Pakenham Racecourse racing and training facility at Tynong, the versatile block will appeal to not only those connected to horse industry but, to those who require larger shedding for personal or business interests or simply those looking to bring up the family in a rural atmosphere.
The size of Pakenham South is approximately 22.7 square kilometres. The population of Pakenham South in 2016 was 216 people. By 2021 the population was 229 showing a population growth of 6.0% in the area during that time. The predominant age group in Pakenham South is 50-59 years. Households in Pakenham South are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Pakenham South work in a trades occupation.In 2021, 70.20% of the homes in Pakenham South were owner-occupied compared with 72.40% in 2016.
Pakenham South has 127 properties. Over the last 5 years, Houses in Pakenham South have seen a 10.54% increase in median value. As at 31 July 2026:
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