Pakenham Upper, VIC 3810, is a small suburb with a population of 1196 residents. The demographic profile shows a mix of age groups with a slight growth in population over the years. The median household income is relatively high at $2,593 per week. The suburb offers a tranquil lifestyle, with a significant number of residents commuting by motor vehicle. There is a notable proportion of residents who work from home. For house buyers, Pakenham Upper presents opportunities for potential renovators due to its high sale price IQR ratio. The suburb has shown consistent growth in median house prices over the past 3 and 5 years. The vacancy rate is slightly higher, offering potential buyers a chance to negotiate. The online search interest is substantial, indicating a good level of demand. With a relatively low stock on market rate, the suburb could be a good choice for long-term investment. Pakenham Upper, VIC 3810, offers a serene lifestyle with a high median household income. The suburb provides investment opportunities in housing for renovators given its price dynamics. With steady population growth, demand for housing is expected to remain stable. Buyers interested in a peaceful environment with growth potential may find Pakenham Upper a promising choice. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022