Pakenham

VIC 3810

Pakenham is a south-eastern Melbourne suburb and the largest population centre in the Shire of Cardinia, about 55 kilometres from the Melbourne CBD. Main Street is the principal town-centre street, with Bald Hill Road and Sette Circuit supporting the wider commercial and growth-area setting. Pakenham is served by suburban and V/Line rail services, the Princes Highway and the Pakenham Bypass.

Pakenham is an industrial and distribution precinct, with warehouses and factories suited to trade, storage and operational businesses in a major growth corridor. Officer South, Koo Wee Rup and Clyde North are useful nearby comparisons.

128

Active lease listings

commercial properties

$55,000

Median annual rent

asking rent across all listings

168

Median days on market

across all active listings

Lease rate trend

$125/m² p.a.

Median advertised rate

Up 3.3%

Change over 12 months

$119202420252026$135$103Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Pakenham. Drill down to individual listings in MarketBuddy

Listings by sector

101

Industrial, Warehouse and Factories

active lease listings

9

Medical / Consulting

active lease listings

6

Offices

active lease listings

6

Retail and Shops

active lease listings

4

Land and Developments

active lease listings

2

Other

active lease listings

Want to know more?

Explore commercial property insights for Pakenham in MarketBuddy.

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Last updated 5 September 2026