
3810 VIC
Pricing and long-term growth profile for Pakenham houses.
Median Price
$705k
# Sales
1,135
12M Growth
7.6%
10Y Ave Growth
6.5%
Owner occupier appeal — 65% owner-occupied — strong community stability and pride of ownership.
Proven growth — 6.5% average annual growth over 10 years.
Fast selling market — Properties sell in a median of 26 days — high buyer competition.
Pricing and long-term growth profile for Pakenham houses.
Median Price
$705k
# Sales
1,135
12M Growth
7.6%
10Y Ave Growth
6.5%
Yield, rental pricing and vacancy performance for Pakenham houses.
Weekly Rent
$560
Rental Yield
4.2%
Vacancy Rate
2.6%
Rentals Last 12M
1,486
Stock levels, days on market and selling conditions for Pakenham.
Stock on Market
2.1%
Days on Market
26
Building Approvals
2.1%
Infrastructure Spend
—
Household profile, income strength and owner occupier mix in Pakenham.
Population
54,118
Owner Occupiers
65%
Median Income
$87k
IRSAD Rank
34
Recently sold properties in Pakenham.
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