Suburb Overview
Pakenham – 3810
- 54,118Population
- 33Median Age
Suburb Performance Potential - 05/22 Quarter
- 7.17%Capital Growth
(Units) - 3.2%Capital Growth
(Houses)
- $680,000Median House Price
(Updated May 2022) - 3.82%Quarterly Price Change
- $535,000Median Unit Price
(Updated May 2022) - 3.68%Quarterly Price Change
Pakenham is located 54 km south-east of the CBD. Pakenham has been one of the fastest growing suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in the south-east growth corridor and it is expected to increase substantially in the future. The suburb incorporates large tracts of productive agricultural land to the south and undulating terrain in the north. Pakenham is also the home of the operations centre of the Cardinia council.
Sales Snapshot for Pakenham – 3810
- 80%Auction Clearance Rate
Summary Date: 27 Apr 24 - 0.85%Auctioned Sale Method
(Last 12 months)
Summary Date: 27 Apr 24 - 21 daysMedian days on market
(Last 12 months)
From April 24 - 1173Total Sales
From April 24
Median SalesFrom properties in proximity to Pakenham – 3810
- Pakenham$650,000
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Listings for Pakenham – 3810
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