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

5 Gold St, Pakenham

$735,000

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4 Bedroom Family home with views!!

Family Realtors Group proudly presents this rare and outstanding opportunity offering family home on generous allotment, perfect for large families, multi-generational living, or savvy investors seeking strong rental potential. Set on approximately 637sqm, this impressive property is beautifully ...

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VIC 3810


104 Sandalwood Dr, Pakenham

$730,000

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Modern Family Living in a Growing Pakenham Location

Sultani Real Estate proudly presents this well-appointed family home at 104 Sandalwood Drive, Pakenham. This inviting residence offers a perfect blend of comfort and functionality, featuring generously sized bedrooms, a light-filled living area, a separate dining zone, and a modern kitchen with ...

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VIC 3810


15 savage St, Pakenham

$730,000

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An opportunity not to be missed !!

Welcome to 15 Savage Street, Pakenham - A Versatile Family Home on a Generous Block Positioned on a substantial 861m² (approx.) allotment, this well-maintained home offers comfort, space, and outstanding future potential. Featuring three exceptionally large bedrooms, plus a sunroom that can easily ...

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House

VIC 3810


14 Reidel Ave, Pakenham

$700,000

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Standout Living in the Highly Sought After Fallingwater Estate w

If you have been searching for a home that truly stands out from the rest with quality finishes, striking design, and an effortless indoor outdoor lifestyle, this is the one you have been waiting for. Positioned in the highly sought after Fallingwater Estate, 14 Reidel Avenue, Pakenham delivers a ...

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VIC 3810


8 Riviera Dr, Pakenham

$595,000

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VENDOR SAYS SELL!

Peacefully positioned on a desirable corner block, this beautifully presented three-bedroom home delivers the perfect blend of comfort, convenience, and low-maintenance living-ideal for families, downsizers, and savvy investors alike. Step inside to discover a thoughtfully designed floorplan, ...

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VIC 3810


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