Auction Times
Sat 10 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 4A Johanna Court 4 2 8 House | 3:30 PM Sat 10th Dec | Ray White |
Sat 17 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 105 Timberline Parkway 4 2 4 House | 1:00 PM Sat 17th Dec | K R Peters |
 | 71 Ahern road 4 3 2 House | 4:00 PM Sat 17th Dec | Ray White |
Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $310,000 | 0.0% | $300 | $825,000 | 708 |
| 2010 | $336,500 | +7.9% | $31,000 | $1,453,000 | 1043 |
| 2011 | $340,000 | +1.0% | $175,000 | $1,310,000 | 755 |
| 2012 | $335,000 | -1.5% | $220,000 | $2,255,000 | 806 |
| 2013 | $340,000 | +1.5% | $156,000 | $1,100,000 | 939 |
| 2014 | $355,000 | +4.2% | $185,000 | $1,410,000 | 907 |
| 2015 | $367,000 | +3.3% | $167,000 | $1,900,000 | 960 |
| 2016 | $400,000 | +8.3% | $1,000 | $1,600,000 | 915 |
| 2017 | $480,000 | +16.7% | $43,000 | $3,500,000 | 1201 |
| 2018 | $522,000 | +8.0% | $57,000 | $1,650,000 | 1010 |
| 2019 | $490,000 | -6.5% | $325,000 | $1,500,000 | 797 |
| 2020 | $530,000 | +7.5% | $300,000 | $1,800,000 | 776 |
| 2021 | $610,000 | +13.1% | $347,500 | $2,500,000 | 1253 |
| 2022 | $660,000 | +7.6% | $350,000 | $5,825,000 | 997 |
Median Sale Price
$656K
Based on 1076 recorded sales within the last 12 months
Updated on 9 Dec 2022
Suburb Growth
+7.5%
Current Median Price: $656,000
Previous Median Price: $606,500
Based on 2302 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $320 | 0.0% | $230 | $565 | 996 |
| 2012 | $320 | 0.0% | $195 | $1,517 | 1136 |
| 2013 | $320 | 0.0% | $220 | $1,300 | 1030 |
| 2014 | $330 | +3.0% | $220 | $2,000 | 721 |
| 2015 | $340 | +2.9% | $240 | $1,604 | 1296 |
| 2016 | $350 | +2.9% | $255 | $600 | 1056 |
| 2017 | $360 | +2.8% | $250 | $2,037 | 1246 |
| 2018 | $365 | +1.4% | $190 | $825 | 1088 |
| 2019 | $360 | -1.4% | $175 | $850 | 1167 |
| 2020 | $370 | +2.7% | $200 | $800 | 852 |
| 2021 | $390 | +5.1% | $231 | $700 | 794 |
| 2022 | $420 | +7.1% | $268 | $900 | 833 |
Median Rent Price
$420
per week
Based on 899 recorded rent within the last 12 months
Updated on 9 Dec 2022
Rent Price Growth
+8.3%
Current Median Rent: $420
Previous Median Rent: $385
Based on 1669 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $656,000
Current Median rent: $420
Based on 1975 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
Auction Results For Pakenham
Houses sold in Last 12 months ends 3 Dec 2022
$658K
Median Sale Price
100%
Clearance Rate
877/880
Sold/Reported
$1.82M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 3 | |
| $1 M - $1.2 M | 19 | |
| $800 K - $1 M | 82 | |
| $600 K - $800 K (Median Price Range) | 579 | |
| $400 K - $600 K | 185 | |
| less than $400 K | 3 | |
Similar Suburbs to Pakenham 3810
Based on median house sale price sold in last 12 months
Schools closest to Pakenham, VIC 3810
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Pakenham Hills Primary School | 15 KENNEDY ROADPakenham 3810 | Primary | Government | 1.78 km |
| St Patrick's Primary School | 136 PRINCES HWYPakenham 3810 | Primary | Catholic | 1.89 km |