Suburb

Market snapshot

Suburb insights for Pakenham3810

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Pakenham, approximately 53 km southeast of the CBD, is Cardinia’s largest and most developed suburb, anchored by a major train station and vibrant town centre. Known for its recent rapid growth and master-planned estates like Lakeside and Heritage Springs, it offers plentiful schools, retail, and services, supported by recent infrastructure investment and connectivity. Pakenham appeals strongly to families, renters, and investors looking for lifestyle with accessibility.

Recent sales and auction results in Pakenham

AddressBedroomsPriceTypeMethodSale DateAgentListing
13 Seville St, Pakenham3PriceHousePrivate Sale23/04/2026Harcourts PakenhamView
3/89 Henry St, Pakenham3PriceHousePrivate Sale21/04/2026Harcourts PakenhamView
36 Slattery Pl, Pakenham3PriceHousePrivate Sale20/04/2026Harcourts PakenhamView
14 Watts Tce, Pakenham4PriceHousePrivate Sale16/04/2026Harcourts PakenhamView
19 Refern Way, Pakenham4PriceHousePrivate Sale13/04/2026Harcourts Pakenham
11 Rundell Way, Pakenham3PriceHousePrivate Sale12/04/2026Harcourts PakenhamView
4 Ivy Leaf Rd, Pakenham4PriceHouseSold Before Auction8/04/2026Ray White PakenhamView
24 Botham Cr, Pakenham3PriceHousePrivate Sale29/03/2026OBrien Real Estate

Sales data

Median sale price
$745k
Quarterly price change
0.7%
Metro Melbourne Comparison
$992k
1.9%
BedroomsPakenhamMetro comparison
2$505,000$950,000
3$670,000$863,000
4$755,000$980,500
InsightPakenhamMetro comparison
Clearance rate35.7%74.9%
Days on market3037

Rental data

Median weekly rent
$550
Rental yield
4%
Metro Melbourne Comparison
$580
3.1%
BedroomsPakenhamMetro comparison
2$480$595
3$530$550
4$590$595
Median data for the current quarter
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