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

Lot 638 Shade St, Pakenham

$634,800

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Modern 3-Bedroom Home Close to Station & Parks | Maple Grove Est

Located in the popular Maple Grove Estate, this well-designed single-storey home offers comfortable modern living on a low-maintenance 220 sqm block with a 139 sqm build. The open-plan kitchen, meals and family area creates a welcoming hub, while the master bedroom enjoys its own ensuite and ...

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VIC 3810


Lot 6381 Shade St, Pakenham

$740,900

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Spacious Double-Storey Home with Rumpus in Pakenham East

Positioned in the popular Maple Grove Estate, this well-designed double-storey home offers generous family living across approximately 199 sqm on a 220 sqm block. The ground floor features open-plan kitchen, meals and family areas, complemented by a guest bedroom and full bathroom, while upstairs ...

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VIC 3810


Lot 641 Shade St, Pakenham

$668,100

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Well-Planned Single-Level Home on 262 sqm Pakenham East | Close

Set within the popular Maple Grove Estate, this modern single-storey home delivers comfortable family living on a 262 sqm block with an approx. 149 sqm build. The open-plan kitchen, meals and family area forms the heart of the home, while the master bedroom enjoys a walk-in robe and private ...

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House

VIC 3810


Lot 642 Shade St, Pakenham

$703,600

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Well-Proportioned 4-Bedroom Home on 294 sqm Pakenham East

Set within the sought-after Maple Grove Estate, this well-proportioned single-storey home offers generous living on a 294 sqm block with an approx. 173 sqm build. The open-plan kitchen, meals and family area forms the heart of the home, complemented by a private master suite with walk-in robe and ...

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VIC 3810


16 Cyprus Pl, Pakenham

$660,000

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A Rare Gem Reimagined - Quiet Cul-de-Sac Luxury Meets Everyday C

Welcome to a home that has been completely transformed, lovingly refreshed, and proudly elevated to a standard you'll struggle to find again. This stunning 3-bedroom residence has undergone an impressive makeover inside, offering a lifestyle of comfort, charm, and effortless entertaining. Step ...

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VIC 3810


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