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Investment Property Pakenham, VIC, 3810

Suburb Snapshot

Pakenham is a suburb in the Cardinia Region of Victoria. Pakenham has a population of 46,420 people and 28.58% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed 1.64% over the past year and changed 3.17% over 2 years.

The median rent in Pakenham for houses is $530 per week and the median rental yield is 4.24%. Stock on the market for houses/townhouses has changed 0.48% compared to last year and the average time to sell a house/townhouse is 92 days.The median listing price for units is $460,000 and this has changed 2.22% over the past year. The average unit takes 130 days to sell and the median rent for a unit in Pakenham is $450 per week, producing a rental yield of 5.08%.

Supply & Demand in Pakenham, Cardinia

0.87%

Current vacancy rate


192

Rental stock available


46,420

Population


28.58%

Rental population


0.76%

Current vacancy rate


384

Rental stock available


94,134

Population


20.94%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Pakenham, Cardinia

  House Townhouses Units
Median listing price $650,000 $500,000 $460,000
Median price change - last quarter 0.15% 0.00% 2.22%
Median price change - 1 year 1.64% 0.00% 2.22%
Median price change - 2 years 3.17% 0.00% 3.95%
  House Townhouses Units
Median weekly rent $530 $490 $450
Median yield % 4.24% 5.09% 5.08%
Median rent change - 1 year 10.41% 8.88% 12.50%
  House Units
Previous month sales 59 7
Stock on market previous month 417 18
Stock variance vs. last year 0.48% -33.33%
Average days on market 92 130

Pakenham investment property listings

Showing 5 of 303 investment properties found in Pakenham on realestateinvestar.com.au

16 RENOIR Ave, Pakenham

$700,000

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Stylish Family Home in a Convenient Location

Welcome to 16 Renoir Avenue, Pakenham a modern and well-presented 4-bedroom, 2-bathroom family home set on a 400m² (approx.) block. Offering two spacious living areas, this home provides the perfect balance of comfort, space, and practicality for growing families. Step inside to a light-filled ...

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VIC 3810


22 Thwaites Rd, Pakenham

$960,000

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Approved 4-Unit Development Site 1,313 m² Allotment

Set on a generous 1,313 m² (approx.) site, this exceptional property comes with approved plans and permits for four architecturally designed two-storey townhouses. All the groundwork has been done including endorsed plans, full landscape design and council approval through Cardinia Shire. The ...

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House

VIC 3810


11 Clarendon St, Pakenham

$700,000

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MODERN FAMILY HOME!

Designed with modern living in mind, this beautifully crafted home offers the perfect opportunity for first home buyers, savvy investors, or downsizers seeking quality, comfort, and low maintenance style in one of the most prestigious pockets of Pakenham. Showcasing a contemporary design and a ...

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VIC 3810


45 Kingston Ave, Pakenham

$660,000

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Close to everything in Pakenham! This one Must to Inspect Grand

Welcome to 45 kingston Way, Pakenham, situated on 444sqm of land size where modern sophistication harmoniously melds with supreme comfort and functionality. This 3 bedroom home has it all. Huge master with walk in robe and ensuite. Two bedrooms located at the rear of the home that are of generous ...

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House

VIC 3810


101 Ahern Rd, Pakenham

$685,000

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The Brief: Immaculate Family Home with Space, Style & Convenie

Its Addressed: Perfectly positioned on Pakenham's sought-after Northside, 101 Ahern Roadis a beautifully maintained family home offering space, comfort, and modern style on a generous 569m² (approx.)allotment. Step inside to discover a home designed for easy family living. Featuring three spacious ...

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VIC 3810


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