Pakenham Suburb ProfileVictoria 3810
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Pakenham has 26,540 properties. Over the last 5 years, Houses in Pakenham have seen a 32.25% increase in median value, while Units have seen a 27.30% increase. As at 30 November 2024:
- The median value for Houses in Pakenham is $693,217 while the median value for Units is $507,560.
- Houses have a median rent of $548 while Units have a median rent of $470.
The size of Pakenham is approximately 85.9 square kilometres. It has 124 parks covering nearly 5.8% of total area. The population of Pakenham in 2011 was 33,998 people. By 2016 the population was 46,408 showing a population growth of 36.5% in the area during that time. The predominant age group in Pakenham is 0-9 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation. In 2011, 67.6% of the homes in Pakenham were owner-occupied compared with 65% in 2016.
Market Insights
Pakenham Trends for Houses
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Pakenham Trends for Units
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Neighbourhood Insights
Age
Population 46,408
0-9
19%
10-19
13%
20-29
15%
30-39
17%
40-49
13%
50-59
9%
60-69
7%
70-79
5%
80-89
2%
Household Structure
Occupancy
Recent Sales in PAKENHAM 3810
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Properties for sale in PAKENHAM 3810
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Properties for rent in PAKENHAM 3810
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Last Updated: 18/12/2024
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