Pakenham, VIC 3810

Pakenham, VIC 3810

Compare Part of Cardinia

54.98 km
Distance from CBD
15 k
Population

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

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