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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 306 investment properties found in Pakenham on realestateinvestar.com.au

N/A, Pakenham

$664,000

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High-Performance H & L Package with Guaranteed Fixed Prices.

This brand-new, 100% full-turnkey house and land package offers you something buyers rarely get in today's market: Certainty! With a guaranteed fixed price, guaranteed build time, guaranteed full turnkey and a Grade A inclusion list, this opportunity delivers a safe and structured pathway into a ...

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House

VIC 3810


20 Hartney Ave, Pakenham

$580,000

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START SMART IN AN IDEAL LOCATION

Here's a fantastic opportunity to secure a well presented home in a location that truly makes everyday living easy. Ideal for first home buyers, savvy investors or those looking to downsize, this property offers comfort, practicality and excellent convenience. The thoughtfully designed three ...

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House

VIC 3810


17 Shetland Ct, Pakenham

$780,000

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Northside Court Gem on 720mÂ

Nestled in a quiet court in the highly sought after Pakenham northside, this beautifully presented 4 bedroom home offers the perfect blend of comfort, space, and functionality, ideal for growing families, pet lovers, and entertainers alike. Sitting proudly on a massive 720m² (approx.) block, this ...

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House

VIC 3810


619 Shade St, Pakenham

$603,300

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Build Your Dream Home!

With its free-flowing spaces and contemporary style, the Essence is ideal for the modern family. Thoughtfully designed, the master bedroom features a cleverly designed walk-in robe and ensuite. Two additional bedrooms offer a touch of luxury with built-in robes. The open plan kitchen is complete ...

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House

VIC 3810


574 Canty Blvd, Pakenham

$737,200

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Your bold and beautiful home, built by us.

Timeless elegance and considered design define the Audrey. Each variation has been meticulously designed to optimise space, natural light and flow. From the welcoming entry to the expansive open-plan kitchen, meals and family areas, every element has been conceived with liveability in mind. The ...

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VIC 3810


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