Profile for Pakenham

3810

Pakenham is located 54 km south-east of the CBD. Pakenham has been one of the fastest growing suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in the south-east growth corridor and it is expected to increase substantially in the future. The suburb incorporates large tracts of productive agricultural land to the south and undulating terrain in the north. Pakenham is also the home of the operations centre of the Cardinia council.

Looking for a member in this area?

Choose a Member

Recent Sales & Auction Results in Pakenham

Address Price Type Method Sale Date Agent
Property List
6/4 Lima Pl, Pakenham 3 Unit Auction Sale 28/05/2022 @realty
9 Azalea Av, Pakenham 3 House (Res) Private Sale 18/05/2022 Harcourts Pakenham
15 Summerhill Dr, Pakenham 4 House (Res) Private Sale 11/05/2022 Harcourts Pakenham
60 Blue Horizons Way, Pakenham 3 House (Res) Private Sale 09/05/2022 Harcourts Pakenham
4 Kinkora Way, Pakenham 4 House (Res) Private Sale 05/05/2022 Harcourts Pakenham
61 Ahern Rd, Pakenham 3 House (Res) Private Sale 27/04/2022 Harcourts Pakenham
37 Inspiration Cirt, Pakenham 3 House (Res) Private Sale 27/04/2022 Little Real Estate

Median data for March Quarter 2022. Click here for details.

Median Sale Price

$651k

Metro Melbourne

$1.12m

Quarterly Price Change

2.5%

Metro Melbourne

-0.3%

Median Rent

$390

Metro Melbourne

$485

Rental Yield

3.2%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.5%
Days on Market 27 37
Median price by Bedrooms Suburb Metro
2 Bedrooms $460,000 $1,081,000
3 Bedrooms $577,500 $935,000
4 Bedrooms $669,000 $1,181,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $375 $455
4 Bedrooms $430 $510

Median data for March Quarter 2022. Click here for details.

Median Sale Price

$516k

Metro Melbourne

$684k

Quarterly Price Change

9.8%

Metro Melbourne

-0.9%

Median Rent

$350

Metro Melbourne

$400

Rental Yield

4.1%

Metro Melbourne

3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.5%
Days on Market 27 37
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $395,000
2 Bedrooms $392,000 $630,000
3 Bedrooms $475,000 $875,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $330
2 Bedrooms $340 $420
3 Bedrooms $370 $530

Loading chart...

Find an Agent

Whether you are selling, buying, leasing or renting, choose an REIV member.

Find a Member

Member Exclusive Data

REIV Members log in to download the complete list of median prices by suburb and town.

Download Median Report

PropertyData

The credible and trusted source of data for real estate professionals.

Find out more