Last month Pakenham had 248 properties available for rent and 189 properties for sale. Median property prices over the last year range from $537,500 for houses to $467,500 for units. If you are looking for an investment property, consider houses in Pakenham rent out for $550 with an annual rental yield of 3.82% and units rent for $485 with a rental yield of 5.14%. Pakenham has seen an annual compound growth rate of 6.23% for houses and 4.12% for units.
Last 12 months (last updated: November 2025)
Median Sale Price
The median sale price is the middle value of all sale prices in a given period.
Annual Change in Median Price
Change in sale price of properties sold in the last 12 months compared to 12 months prior.
Properties Sold
The number of properties sold in the last year.
Median Days on Market
The middle value of all days on market for properties sold in a given period.
Median Rent
The middle value of all rental prices in a given period.
Median Rental Yield
Estimated annual rent earned on a property as a percentage of its market value.
Property market insights for houses in Pakenham, VIC. Adjust the bedroom count for further insights.
Median sale price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$690,500
Median price
Up 6.23%
1140
Houses
sold
4.03%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$537,500
Median price
Down -0.83%
53
Houses
sold
4.35%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$660,000
Median price
Up 7.14%
576
Houses
sold
4.08%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$737,500
Median price
Up 3.73%
448
Houses
sold
3.96%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$972,000
Median price
Up 12.01%
46
Houses
sold
3.73%
Estimated rental yield as at November 2025
Median rental price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$550
Median price
Up 3.77%
1251
Houses
leased
Median rental price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$470
Median price
Up 4.44%
69
Houses
leased
Median rental price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$530
Median price
Up 6.00%
626
Houses
leased
Median rental price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$590
Median price
Up 1.72%
516
Houses
leased
Median rental price snapshot for houses in Pakenham
December 2024 - November 2025
Insights over the past 12 months
$650
Median price
Down -4.41%
32
Houses
leased
Price and market insights over the last 12 months for houses and units in the Pakenham area.
Houses
$0
Median sale price
0
Median days on market
$0
Median rental price
20
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Houses
$0
Median sale price
27
Median days on market
$0
Median rental price
40
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
98
Median days listed
Houses
$537,500
Median sale price
30
Median days on market
$470 per week
Median rental price
21
Median days listed
Units
$467,500
Median sale price
28
Median days on market
$450 per week
Median rental price
17
Median days listed
Houses
$660,000
Median sale price
28
Median days on market
$530 per week
Median rental price
25
Median days listed
Units
$550,500
Median sale price
29
Median days on market
$500 per week
Median rental price
23
Median days listed
Houses
$737,500
Median sale price
34
Median days on market
$590 per week
Median rental price
25
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Houses
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Units
$0
Median sale price
96
Median days on market
$0
Median rental price
24
Median days listed
Houses
$972,000
Median sale price
62
Median days on market
$650 per week
Median rental price
22
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Houses
$690,500
Median sale price
31
Median days on market
$550 per week
Median rental price
25
Median days listed
Units
$505,000
Median sale price
28
Median days on market
$485 per week
Median rental price
22
Median days listed
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The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.