The Rise House and Land
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.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
- Distance:
- Estimated Duration:
- Selected Mode:
- Enter any valid Suburb and click on the "Submit" button to see appropriate route details.
- The route details shown are returned from Google.
- Disclaimer: The exact location of the property may not be accurately shown on the map as in some cases the property suburb only has been picked. Any address can be provided upon enquiry. Please consider this when using the map and the Travel Time Estimator above.
Nearby Properties
Properties located within a 50-kilometer radius of the current property.
![[Estate] Property Image](data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMzAwIDEyOSIgd2lkdGg9IjMwMCIgaGVpZ2h0PSIxMjkiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyI+PC9zdmc+)
![[Estate] Property Image](data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMzAwIDE0MiIgd2lkdGg9IjMwMCIgaGVpZ2h0PSIxNDIiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyI+PC9zdmc+)
