Real Estate & Finance

Property Report & Market Data In Pakenham

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Average Market Value In Pakenham

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Pakenham has seen moderate price growth in recent years. The suburb offers affordable options compared to inner suburbs, with strong interest from first-home buyers and families. House prices have held steady, and units provide comparatively accessible entry points for investors.

670000

Median House Price

1.8 %

House Price Growth

490000

Median Unit Price

-1.2 %

Unit Price Growth

Sales Trends In Pakenham

Stay ahead of the fast-moving sales trends around Pakenham

Sales volumes remain stable with moderate turnover of properties. Houses generally sell quicker than units, and overall demand is steady with low vendor discounts indicating a seller-favouring market.

621

Total Houses Sold

116

Total Units Sold

31

Days On Market (Houses)

3.7

Vendor Discount

Local Population Movement In Pakenham

Learn who is moving in and out of Pakenham! Is it on the rise or decline?

Pakenham continues to attract residents from Melbourne's inner suburbs and regional areas due to its affordable housing and improved infrastructure. Population growth is strong, driven by new housing estates and young families relocating.

55884

Population Size In Pakenham

2.9

Population Growth In Pakenham

30-39

Dominant Age Group InPakenham

Couples with children

Household Types In Pakenham

Market Decline or Growth Indicators For Pakenham

Learn who is moving in and out of Pakenham! Is it on the rise or decline?

Pakenham's housing market shows steady annual growth, with increased demand reflected in relatively low days on market and moderate vendor discounts. Inventory has stabilized, indicating a balanced local market.

1.8

Annual Price Growth In Pakenham

737

Sales Activity Rate In Pakenham

2.4

Average Stock Inventory Time InPakenham

Rental Yields and Demand In Pakenham

Find out if this is a good investment opportunity buying real estate in and around Pakenham

Rental yields are solid for both houses and units, with houses offering moderate returns and units often attracting investors seeking higher rental yields. Consistent demand supports stable rental income.

621

Total Houses Sold

116

Total Units Sold

31

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.7

Vendor Discount

Affordability and Finance Options For Pakenham

Home Loans: Financing Your Dream Home In Pakenham. Get Pre-Approved Today.

621

Total Houses Sold

116

Total Units Sold

31

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.7

Vendor Discount

Lifestyle and Amenities In and Around Pakenham

Pakenham Lifestyle: Why Live Here

Pakenham offers a family-friendly lifestyle with numerous parks, sporting facilities, shopping centres (including Pakenham Central Marketplace), and schools. The suburb features modern amenities, a mix of new developments and established homes, and is well-connected by train to the Melbourne CBD. Residents enjoy local cafes, community centres, and access to walking and cycling trails.

18

Parks Count

1

Suburb Area

54

Distance To CBD

Property Type Breakdown Pakenham

Pakenham Properties: Houses vs. Units

621

Total Houses Sold

116

Total Units Sold

31

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.7

Vendor Discount

Pakenham Suburb Information

Pakenham Suburb Stats

State: Victoria

City: Melbourne

Population: 55,000+

Postcode: 3810

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