Auction Times
Sat 29 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 9 Streeton Court 4 2 2 House | 11:00 AM Sat 29th Feb | Ray White |
Median Sale Price
House
$486K
Updated on Jan 2020
2 BR $400K | 3 BR $450K | 4 BR $530K |
Unit
$365K
Updated on Jan 2020
1 BR - | 2 BR $350K | 3 BR $387K |
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% | $385,000 | $1,268,000 | 100 |
Median Sale Price
$496K
Based on 788 recorded sales within the last 12 months
Updated on 24 Feb 2020
Suburb Growth
-4.8%
Current Median Price: $496,100
Previous Median Price: $520,000
Based on 1763 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$360
Updated on Jan 2020
2 BR $315 | 3 BR $350 | 4 BR $390 |
Unit
$325
Updated on Jan 2020
2 BR $310 | 3 BR $340 | 4 BR $360 |
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 | 1295 |
| 2016 | $350 | +4.3% | $255 | $600 | 1056 |
| 2017 | $360 | +2.8% | $250 | $2,037 | 1244 |
| 2018 | $360 | 0.0% | $190 | $825 | 1084 |
| 2019 | $360 | 0.0% | $175 | $850 | 1147 |
| 2020 | $370 | +2.7% | $285 | $480 | 75 |
Median Rent Price
$360
per week
Based on 1033 recorded rent within the last 12 months
Updated on 24 Feb 2020
Rent Price Growth
0.0%
Current Median Rent: $360
Previous Median Rent: $360
Based on 2147 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $496,100
Current Median rent: $360
Based on 1821 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Pakenham
Houses sold in Last 12 months ends 22 Feb 2020
$484K
Median Sale Price
94%
Clearance Rate
261/279
Sold/Reported
$920K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 3 | |
| $600 K - $800 K | 28 | |
| $400 K - $600 K (Median Price Range) | 178 | |
| less than $400 K | 21 | |
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 |