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 4.3% and has experienced a 12-month capital growth of Up 6.2%, with a median house buy price of $715,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$550,000
$685,000
$770,000
$715,000
Suburb Market Profile
Last month Pakenham had 232 properties available for rent and 310 properties for sale. Median property prices over the last year range from $715,000 for houses to $550,000 for units. If you are looking for an investment property, consider houses in Pakenham rent out for $560 PW with an annual rental yield of 4.3% and units rent for $500 PW with a rental yield of 4.8%. Pakenham has seen an annual compound growth rate of 6.2% for houses and 10.0% for units.
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