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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 $630,000 and this has changed 0.00% over the past year and changed 6.77% over 2 years.

The median rent in Pakenham for houses is $480 per week and the median rental yield is 3.96%. Stock on the market for houses/townhouses has changed 11.17% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $450,000 and this has changed 2.27% over the past year. The average unit takes 111 days to sell and the median rent for a unit in Pakenham is $400 per week, producing a rental yield of 4.62%.

Supply & Demand in Pakenham, Cardinia

0.69%

Current vacancy rate


150

Rental stock available


46,420

Population


28.58%

Rental population


0.58%

Current vacancy rate


284

Rental stock available


94,134

Population


20.94%

Rental population


0.87%

Current vacancy rate


26,641

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 $630,000 $500,000 $450,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 0.00% 0.00% 2.27%
Median price change - 2 years 6.77% 6.60% 8.43%
  House Townhouses Units
Median weekly rent $480 $450 $400
Median yield % 3.96% 4.68% 4.62%
Median rent change - 1 year 14.28% 12.50% 11.11%
  House Units
Previous month sales 2 0
Stock on market previous month 418 25
Stock variance vs. last year 11.17% -19.35%
Average days on market 55 111

Pakenham investment property listings

Showing 5 of 367 investment properties found in Pakenham on realestateinvestar.com.au

27 Bonneville Pde, PAKENHAM

$730,000

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House

VIC 3810


N/A, PAKENHAM

$653,500

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House

VIC 3810


15 Davinci St, PAKENHAM

$520,000

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Unit

VIC 3810


93 Harrison Way, PAKENHAM

$800,000

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House

VIC 3810


22 Stonebridge La, Pakenham

$520,000

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Low Maintenance Tranquillity

This immaculately presented and move-in-ready townhouse set in the coveted Lakeside Estate, only meters from the lake, offers the perfect blend of style, comfort, and convenience. Discover inviting light-filled spaces that seamlessly blends comfort with practicality throughout this home's ...

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Townhouse

VIC 3810


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