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

1011 Myrtle St, Pakenham

$634,900

property pic

House and Land Package - The Brook

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee. So, build with confidence. Build with us! *Copyright conditions All photos and ...

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House

VIC 3810


1004 Potoroo Rd, Pakenham

$749,800

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House and Land Package - The Denver

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee. So, build with confidence. Build with us! *Copyright conditions All photos and ...

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House

VIC 3810


1022 Heathland Rd, Pakenham

$769,200

property pic

House and Land Package - The Logan

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee. So, build with confidence. Build with us! *Copyright conditions All photos and ...

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House

VIC 3810


701 Potoroo Rd, Pakenham

$879,500

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House and Land Package - The Grandview

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee. So, build with confidence. Build with us! *Copyright conditions All photos and ...

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House

VIC 3810


35 Summerhill Dr, Pakenham

$770,000

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A Home Designed for Family Living

Pakenham; CARDINIA VIEWS ESTATE: Set on a generous 512m² (approx.) block with elevated hill views, this beautifully presented home blends space, comfort and style, offering everything your family needs for an easy, enjoyable lifestyle. Inside, you'll find four spacious bedrooms, including a ...

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House

VIC 3810


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