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 4.2% and has experienced a 12-month capital growth of Up 7.6%, with a median house buy price of $715,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$552,500
$687,000
$770,000
$715,500
Suburb Market Profile
Last month Pakenham had 202 properties available for rent and 291 properties for sale. Median property prices over the last year range from $715,500 for houses to $560,000 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 4.2% and units rent for $500 PW with a rental yield of 4.7%. Pakenham has seen an annual compound growth rate of 7.6% for houses and 13.1% for units.