Pakenham, VIC 3810
Cardinia Shire CouncilAll suburbs in postcode 3810
Updated
Median house price
$690,000
Median · Land Victoria · the latest published quarter (updated May 2026)
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Pakenham at a glance
- Median unit
- $511,000
- Weekly rent
- $530
- Houses · units $450
- Population
- 54.1k
- Median age 33
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Pakenham
Houses change hands at $690,000 on a typical sale, below the Victoria median. Units come in around $511,000, roughly 26% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $138,000. Prices are below the Victoria median, which keeps Pakenham on the radar for first-home buyers and right-sizers.
Rental data as of September 2025· Victorian rental report
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What to know about Pakenham
Pakenham (3810) sits in the Cardinia region of Victoria. The median house here is $690,000, below the Victoria median of around $850K.
Pakenham has roughly 54,118 residents, with a young-family demographic. Households are mostly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.
What it’s like to live here
Pakenham scores 44/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 6°C (cool). Annual rainfall lands at about 905 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 4 Catholic, 2 independent.
Schools in Pakenham
Schools serving Pakenham: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 44/100
- Transit
- 0/100
- Bike
- 100/100
Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Pakenham's population at 54,118, with a median age of 33. That sits as a young-family demographic. Households are mostly owner-occupied (65% own, 31% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (76% family households, 22% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 76%
- Lone person
- 22%
- Owner occupied
- 65%
- Renter occupied
- 31%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.99% (median rent $530/wk against a $690,000 price tag). Units yield 4.58% gross, often the better cash-flow play for first-time investors. With 31% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 3.99%
- On the $690,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 4.58%
- On the $511,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
3,495 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 905 mm
- Hottest month, avg max
- 26.2°C
- Coldest month, avg min
- 5.7°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Pakenham
- What is the median house price in Pakenham?
- The median house price in Pakenham, VIC 3810 is $690,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $511,000.
- How much is my house worth in Pakenham?
- A useful starting point is the Pakenham median house price of $690,000 (units $511,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Pakenham a good investment?
- On the published figures, the gross rental yield on houses in Pakenham is 4.0%: the median weekly house rent is $530 (Victorian rental report, September 2025) against the median house price of $690,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Pakenham: the Land Victoria figures we hold do not measure one. Whether Pakenham is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Pakenham postcode?
- Pakenham is in the 3810 postcode, in VIC, in the Cardinia Shire Council region.
- Where is Pakenham?
- Pakenham is a suburb in the Cardinia Shire Council area, VIC 3810.
- What is the average rent in Pakenham?
- The median weekly rent for houses is $530, for units it's $450.
- What schools are in Pakenham?
- There are 20 schools serving Pakenham on this page, including St Patrick's School, Pakenham Secondary College, Pakenham Hills Primary School.
- How walkable is Pakenham?
- Pakenham has a Walk Score of 44 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Pakenham?
- Pakenham is close to Officer, Pakenham South, Officer South, Nar Nar Goon, Pakenham Upper.
- What is the population of Pakenham?
- The population of Pakenham is approximately 54,118 (2021 Census). The median age is 33.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.