Pakenham, VIC 3810

Pakenham, VIC 3810

Compare Part of Cardinia

54.98 km
Distance from CBD
15 k
Population

Auction Times

Sat 30 Jan
Auction Time Agency
16 Hound Court
4 2 2 House
10:00 AM
Sat 30th Jan
All Melbourne Rentals
Median Sale Price
House
$520K
Updated on Dec 2020
2 BR
$385K
3 BR
$485K
4 BR
$580K
Unit
$398K
Updated on Dec 2020
1 BR
-
2 BR
$361K
3 BR
$408K
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
$336,000
+7.7% $31,000 $1,453,000 1043
2011
$340,000
+1.2% $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 $1,900,000 960
2016
$400,000
+8.3% $1,000 $1,600,000 915
2017
$480,000
+16.7% $43,000 $3,500,000 1201
2018
$521,000
+7.9% $57,000 $1,650,000 1010
2019
$490,000
-6.3% $325,000 $1,500,000 797
2020
$530,000
+7.5% $300,000 $1,800,000 776
2021
$585,000
+9.4% $412,500 $1,365,000 33
Median Sale Price
$530K
Based on 773 recorded sales within the last 12 months
Updated on 21 Jan 2021
Suburb Growth
+7.5%
Current Median Price: $530,000
Previous Median Price: $490,000
Based on 1575 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$360
Updated on Dec 2020
2 BR
$320
3 BR
$350
4 BR
$390
Unit
$330
Updated on Dec 2020
1 BR
$200
2 BR
$310
3 BR
$343
4 BR
$360
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
$325
+1.5% $220 $2,000 721
2015
$335
+3.0% $240 $1,604 1295
2016
$350
+4.3% $255 $600 1056
2017
$360
+2.8% $250 $2,037 1245
2018
$360
0.0% $190 $825 1085
2019
$360
0.0% $175 $850 1158
2020
$370
+2.7% $200 $800 818
2021
-
- - - -
Median Rent Price
$370
per week
Based on 757 recorded rent within the last 12 months
Updated on 21 Jan 2021
Rent Price Growth
+2.7%
Current Median Rent: $370
Previous Median Rent: $360
Based on 1911 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $530,000
Current Median rent: $370
Based on 1530 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Pakenham

Houses sold in Last 12 months ends 16 Jan 2021

$560K

Median Sale Price

97%

Clearance Rate

201/209

Sold/Reported

$1.21M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 2
$1 M - $1.2 M 2
$800 K - $1 M 6
$600 K - $800 K 56
$400 K - $600 K
(Median Price Range)
130

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