1 Lot Available

The Rise

Melbourne, Pakenham, VIC, 3810,

$654,050

0 Beds
0 Bath
0 Garage

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Pakenham sits 53–56 km southeast of Melbourne CBD, within the Shire of Cardinia, and had a population of 54,118 at the 2021 Census. It serves as a regional growth hub, especially with the unfolding Pakenham East precinct, which anticipates over 7,000 new homes and community facilities. The population features young families, first-home buyers, and a mix of cultures—majority born in Australia with strong English, Irish, Sri Lankan, and Indian communities.

The suburb boasts multiple retail precincts: Pakenham Place, Pakenham Central Marketplace, Lakeside Village, and nearby Cardinia Lakes Shopping Centre—all within a five-minute drive. For larger-scale shopping, Westfield Fountain Gate is a 15‑20 minute drive away. Community attractions include Lake Outlook, Pakenham Racing Club, and the state-of-the-art Cardinia Cultural Centre overlooking Lakeside.

Pakenham offers plenty of schooling options for all ages:

  • Primary Schools: Pakenham Primary, Pakenham Hills, Lakeside, Springs, John Henry
  • Secondary & Private Schools: Pakenham Secondary College, Edenbrook Secondary, Beaconhills College, Lakeside College, Chairo Christian School, St Patrick’s Catholic, ECG College.
    It also has tertiary education access via Chisholm TAFE, Federation University (Berwick campus), and proximity to Deakin and Monash within 40 min drives

Residents enjoy green and recreational spaces like Deep Creek Reserve, Dragon Park, Ascot Park, and scenic wetlands. Cardinia LiFE Leisure Centre provides aquatic, gym, court sports, and community programs. The suburb also has a vibrant local garden, community centre, and regular events and arts offerings.

Pakenham combines the tranquility and space of a regional town with modern urban conveniences. It’s an ideal location for families, commuters, and property investors. Key strengths include strong transport links, schooling variety, retail availability, and affordable property values. Major new infrastructure—in particular the Pakenham East precinct and station upgrades—will further elevate its appeal.

Rent Weekly $517
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 4.11%
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