Market snapshot
Suburb insights for Pakenham3810
Change suburbPakenham, 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 25 Tipperary Cirt, Pakenham | 4 |  | House | Private Sale | 22/09/2026 | Harcourts Pakenham | View |
| 10 James St, Pakenham | 3 |  | House | Private Sale | 21/09/2026 | Barry Plant | |
| 9 Glenvista Rd, Pakenham | 4 |  | House | Private Sale | 12/09/2026 | Harcourts Pakenham | View |
| 28 Warbler St, Pakenham | 3 |  | House | Private Sale | 27/08/2026 | Harcourts Pakenham | View |
| 106 Eagle Dr, Pakenham |  | House | Private Sale | 20/09/2026 | Stockdale & Leggo Pakenham |
Sales data
Median sale price
$708k
Quarterly price change
-3.1%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Pakenham | Metro comparison |
|---|---|---|
| 2 | $528,250 | $930,500 |
| 3 | $685,000 | $870,000 |
| 4 | $773,050 | $990,000 |
| Insight | Pakenham | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | |
| Days on market | 34 | 45 |
Rental data
Median weekly rent
$560
Rental yield
4%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Pakenham | Metro comparison |
|---|---|---|
| 2 | $495 | $615 |
| 3 | $545 | $570 |
| 4 | $595 | $600 |
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