Suburb

Market snapshot

Suburb insights for Pakenham3810

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Pakenham, approximately 53 km southeast of the CBD, is Cardinia’s largest and most developed suburb, anchored by a major train station and vibrant town centre. Known for its recent rapid growth and master-planned estates like Lakeside and Heritage Springs, it offers plentiful schools, retail, and services, supported by recent infrastructure investment and connectivity. Pakenham appeals strongly to families, renters, and investors looking for lifestyle with accessibility.

Recent sales and auction results in Pakenham

AddressBedroomsPriceTypeMethodSale DateAgentListing
62 Ebony Dr, Pakenham3PriceHouseAuction Sale20/10/2025Ray White PakenhamView
34 Glenvista Rd, Pakenham4PriceHouseAuction Sale20/10/2025Ray White PakenhamView
4/11 Howqua Pl, Pakenham3PriceTownhousePassed in Vendor Bid20/10/2025Ray White PakenhamView
17 Kirkwood Rd, Pakenham4PriceHousePrivate Sale15/10/2025Milestone Real EstateView
9 Kaprun Way, Pakenham3PriceHouseSold Before Auction16/10/2025Stockdale & Leggo Pakenham
3 Platt Cl, Pakenham3PriceHousePrivate Sale10/10/2025Area Specialist Solutions
7 Wallangara Dr, Pakenham3PriceHousePrivate Sale8/10/2025LJ Hooker Dandenong
28 Swan St, Pakenham4PriceHousePrivate Sale12/09/2025Linc PropertyView

Sales data

Median sale price
$710k
Quarterly price change
3.3%
Metro Melbourne Comparison
$955k
2.7%
BedroomsPakenhamMetro comparison
2$504,000$910,000
3$632,750$830,000
4$735,000$951,500
InsightPakenhamMetro comparison
Clearance rate87.5%81.4%
Days on market3236

Rental data

Median weekly rent
$550
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsPakenhamMetro comparison
2$470$580
3$530$550
4$590$600
Median data for the current quarter

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