Auction Times
Sat 3 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 7 Dugan Court 4 2 2 House | 10:00 AM Sat 3rd Jul | Ray White |
Median Sale Price
House
$545K
Updated on Apr 2021
2 BR $405K | 3 BR $507K | 4 BR $605K |
Unit
$399K
Updated on Apr 2021
1 BR - | 2 BR $380K | 3 BR $420K |
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 | $336,000 | +7.7% | $31,000 | $1,453,000 | 1043 |
| 2011 | $340,000 | +1.2% | $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 | $521,000 | +7.9% | $57,000 | $1,650,000 | 1010 |
| 2019 | $490,000 | -6.3% | $325,000 | $1,500,000 | 797 |
| 2020 | $530,000 | +7.5% | $300,000 | $1,800,000 | 776 |
| 2021 | $595,000 | +10.9% | $347,500 | $2,201,000 | 502 |
Median Sale Price
$565K
Based on 928 recorded sales within the last 12 months
Updated on 24 Jun 2021
Suburb Growth
+9.7%
Current Median Price: $565,000
Previous Median Price: $510,000
Based on 1712 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$370
Updated on May 2021
2 BR $320 | 3 BR $360 | 4 BR $400 |
Unit
$340
Updated on May 2021
1 BR $330 | 2 BR $320 | 3 BR $345 | 4 BR $370 |
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 | $325 | +1.5% | $220 | $2,000 | 721 |
| 2015 | $335 | +3.0% | $240 | $1,604 | 1296 |
| 2016 | $350 | +4.3% | $255 | $600 | 1056 |
| 2017 | $360 | +2.8% | $250 | $2,037 | 1246 |
| 2018 | $360 | 0.0% | $190 | $825 | 1086 |
| 2019 | $360 | 0.0% | $175 | $850 | 1163 |
| 2020 | $370 | +2.7% | $200 | $800 | 838 |
| 2021 | $380 | +2.6% | $231 | $620 | 272 |
Median Rent Price
$380
per week
Based on 628 recorded rent within the last 12 months
Updated on 24 Jun 2021
Rent Price Growth
+3.9%
Current Median Rent: $380
Previous Median Rent: $365
Based on 1685 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $565,000
Current Median rent: $380
Based on 1556 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Pakenham
Houses sold in Last 12 months ends 19 Jun 2021
$580K
Median Sale Price
99%
Clearance Rate
563/571
Sold/Reported
$2.2M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.2 M - $1.4 M | 5 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M | 34 | |
| $600 K - $800 K | 190 | |
| $400 K - $600 K (Median Price Range) | 319 | |
| less than $400 K | 5 | |
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 |