All newly created packages within Object Manager are saved to a default location. It is possible to change the default location by following these steps:
ACTION:
1. Within Object Manager, navigate to Tools--> Object Manager Preferences.

2. Once Object Manager Preferences opens, navigate to the Browsing header in the left-hand column.

3. At the bottom of this window, the user will see the "Default output folder for Object Manager." Change this to any folder location and destination and click OK.

Now all newly created packages will be saved within the newly specified location.