Auction Times
Wed 12 Feb | Auction Time | Agency | |
---|---|---|---|
32 Caversham Drive 4 2 2 House | 7:00 PM Wed 12th Feb | All Melbourne Rentals |
Sat 15 Feb | Auction Time | Agency | |
---|---|---|---|
114 Ahern Road 4 2 2 House | 11:00 AM Sat 15th Feb | LJ Hooker |
Median Sale Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 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 | $668,000 | +1.8% | $500,000 | $1,150,000 | 51 |
Median Sale Price
$658K
Based on 976 recorded sales within the last 12 months
Updated on 2 Feb 2025
Suburb Growth
+2.4%
Current Median Price: $657,500
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 Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 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% | $450 | $520 | 2 |
Median Rent Price
$550
per week
Based on 841 recorded rent within the last 12 months
Updated on 2 Feb 2025
Rent Price Growth
+10.9%
Current Median Rent: $550
Previous Median Rent: $490
Based on 1686 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $657,500
Current Median rent: $550
Based on 1817 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 1 Feb 2025
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 | |
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 |