PAKENHAM 3810
State: VICPosiProp AI Investment Summary
PAKENHAM (VIC 3810) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 8.7%, with a median house buy price of $710,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$560,000
$680,000
$755,000
$710,000
Suburb Market Profile
Last month Pakenham had 198 properties available for rent and 250 properties for sale. Median property prices over the last year range from $710,000 for houses to $545,000 for units. If you are looking for an investment property, consider houses in Pakenham rent out for $550 PW with an annual rental yield of 4.1% and units rent for $497 PW with a rental yield of 4.6%. Pakenham has seen an annual compound growth rate of 8.7% for houses and 11.7% for units.