Pakenham VIC 3810
Pakenham is in Cardinia LGA, VIC, postcode 3810, with population 54,118.
Strong evidence
Pakenham has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 50% of annual income. Income and rent use area-level data, so household-level affordability can differ.
Open matching rent ranking →980 latest-year approvals in Cardinia, +0.0% YoY; population +2.6% YoY (2.8% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 50% of annual income. Snapshot rent $540/wk.
Income and rent use area-level data, so household-level affordability can differ.
Pakenham has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals
Pakenham currently reads as a growth-momentum candidate.
Entry price sits in the lower-cost range for a first-pass screen. Population scale is large enough to avoid reading this as a tiny locality only. No major decision caution is visible from the current evidence layer.
Compare it against a contrasting suburb before turning it into a decision.
Entry price sits in the lower-cost range for a first-pass screen. Population scale is large enough to avoid reading this as a tiny locality only. Population movement supports a growth-led read.
No major caution is visible beyond the normal source checks.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Pakenham VIC
Pakenham is a major suburb in Victoria within the Cardinia local government area (postcode 3810). With a population of 54,118, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $87K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Pakenham is $640,000, having dipped slightly 1.8% over the past year. Units have a median price of $490,000 (+2.4% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Pakenham is served by 12 schools, including 8 primary, 2 secondary, 2 combined. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 13 rail stations, 171 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Pakenham offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($640K/$875K). The price-to-income ratio of 7.4x is considered moderate. House prices have moved -1.8% year-on-year. Population growth of +2.6% year-on-year indicates strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Pakenham is a major suburb in Victoria within the Cardinia local government area (postcode 3810). With a population of 54,118, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $87K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Pakenham is $640,000, having dipped slightly 1.8% over the past year. Units have a median price of $490,000 (+2.4% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Pakenham is served by 12 schools, including 8 primary, 2 secondary, 2 combined. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 13 rail stations, 171 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Pakenham offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($640K/$875K). The price-to-income ratio of 7.4x is considered moderate. House prices have moved -1.8% year-on-year. Population growth of +2.6% year-on-year indicates strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Pakenham FAQ
Common questions-
What LGA is Pakenham in?
Pakenham is in the Cardinia Local Government Area, VIC, postcode 3810. Council-level context for Cardinia LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Pakenham?
The current median house price in Pakenham, VIC is $640K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Pakenham?
The median weekly rent in Pakenham is $540/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Pakenham?
Income-stretched rent market: Weekly rent screens at about 50% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Pakenham a good investment?
QuickProperty's investment signals for Pakenham show: Moderate Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Pakenham?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Pakenham data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.