Auction Times
Wed 12 Feb | Auction Time | Agency | |
---|---|---|---|
32 Caversham Drive 4 2 2 House | 7:00 PM Wed 12th Feb | All Melbourne Rentals |
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $310,000 | 0.0% | $300 | $825,000 | 708 |
2010 | $336,500 | +7.9% | $31,000 | $1,453,000 | 1043 |
2011 | $340,000 | +1.0% | $175,000 | $1,310,000 | 755 |
2012 | $335,000 | -1.5% | $220,000 | $2,255,000 | 806 |
2013 | $340,000 | +1.5% | $156,000 | $1,100,000 | 939 |
2014 | $355,000 | +4.2% | $185,000 | $1,410,000 | 907 |
2015 | $367,000 | +3.3% | $167,000 | $1,900,000 | 962 |
2016 | $400,000 | +8.3% | $1,000 | $1,600,000 | 917 |
2017 | $480,000 | +16.7% | $43,000 | $3,500,000 | 1201 |
2018 | $522,000 | +8.0% | $57,000 | $1,650,000 | 1010 |
2019 | $490,000 | -6.5% | $325,000 | $1,500,000 | 797 |
2020 | $530,000 | +7.5% | $300,000 | $1,800,000 | 776 |
2021 | $610,000 | +13.1% | $347,500 | $2,500,000 | 1254 |
2022 | $659,000 | +7.4% | $350,000 | $5,825,000 | 1049 |
2023 | $640,000 | -3.0% | $325,000 | $4,975,000 | 938 |
2024 | $656,000 | +2.4% | $355,000 | $2,550,000 | 990 |
2025 | $665,000 | +1.4% | $500,000 | $1,150,000 | 48 |
Median Sale Price
$657K
Based on 976 recorded sales within the last 12 months
Updated on 1 Feb 2025
Suburb Growth
+2.3%
Current Median Price: $657,000
Previous Median Price: $642,000
Based on 1918 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2025)
Price Range Segments (12 months ending Jan 2025)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $320 | 0.0% | $230 | $565 | 996 |
2012 | $320 | 0.0% | $195 | $1,517 | 1136 |
2013 | $320 | 0.0% | $220 | $1,300 | 1030 |
2014 | $330 | +3.0% | $220 | $2,000 | 722 |
2015 | $340 | +2.9% | $240 | $1,604 | 1296 |
2016 | $350 | +2.9% | $255 | $600 | 1056 |
2017 | $360 | +2.8% | $250 | $2,037 | 1247 |
2018 | $365 | +1.4% | $190 | $825 | 1091 |
2019 | $360 | -1.4% | $175 | $850 | 1168 |
2020 | $370 | +2.7% | $270 | $800 | 855 |
2021 | $390 | +5.1% | $231 | $700 | 799 |
2022 | $430 | +9.3% | $268 | $900 | 948 |
2023 | $480 | +10.4% | $320 | $1,000 | 829 |
2024 | $550 | +12.7% | $400 | $5,530 | 904 |
2025 | $520 | -5.8% | $520 | $520 | 1 |
Median Rent Price
$550
per week
Based on 843 recorded rent within the last 12 months
Updated on 1 Feb 2025
Rent Price Growth
+10.9%
Current Median Rent: $550
Previous Median Rent: $490
Based on 1689 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $657,000
Current Median rent: $550
Based on 1819 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2025)
Auction Results For Pakenham
Houses sold in Last 12 months ends 25 Jan 2025
$631K
Median Sale Price
64%
Clearance Rate
16/25
Sold/Reported
$832K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$800 K - $1 M | 1 | |
$600 K - $800 K (Median Price Range) | 10 | |
$400 K - $600 K | 4 | |
Similar Suburbs to Pakenham 3810
Based on median house sale price sold in last 12 months
Schools closest to Pakenham, VIC 3810
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Pakenham Hills Primary School | 15 KENNEDY ROADPakenham 3810 | Primary | Government | 1.78 km |
St Patrick's Primary School | 136 PRINCES HWYPakenham 3810 | Primary | Catholic | 1.89 km |