Pakenham, VIC 3810

Pakenham, VIC 3810

Compare Part of Cardinia

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 977 recorded sales within the last 12 months
Updated on 1 Feb 2025
Suburb Growth
+2.6%
Current Median Price: $657,250
Previous Median Price: $640,000
Based on 1921 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: $657,250
Current Median rent: $550
Based on 1820 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

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