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Pakenham (VIC 3810): property prices & suburb profile
Cardinia LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Pakenham · VIC 3810 · typical house price · 12 months to 2025-Q4
$701,000+87.1%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (1,126 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$701,000
1,126 sales over 4 quarters
Typical unit price
$525,000
12 months to 2025-Q4, 228 sales
Sales in the last year
1,354
houses + units
SEIFA advantage decile
4 of 10
Pakenham
Schools in the suburb
12
ACARA registered
Pakenham property prices
The typical Pakenham house sold for around $701,000 in the year to 2025-Q4, +87.1% over 10 years and +35.1% over 5 years.
1Y
3Y
5Y
10Y
Houses
+6.1%
+9.2%
+35.1%
+87.1%
Units
+7.6%
+11.4%
+31.5%
+75.0%
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $335,000 | $271,500 |
| 2014 | $350,000 | $280,000 |
| 2015 | $367,000 | $290,000 |
| 2016 | $400,000 | $310,000 |
| 2017 | $470,000 | $359,000 |
| 2018 | $520,000 | $400,000 |
| 2019 | $485,000 | $372,500 |
| 2020 | $525,000 | $400,000 |
| 2021 | $600,000 | $440,000 |
| 2022 | $652,000 | $480,000 |
| 2023 | $640,000 | $478,500 |
| 2024 | $655,000 | $490,000 |
| Apr 2024 | $670,500 | $500,000 |
| July 2024 | $640,000 | $477,500 |
| Oct 2024 | $660,000 | $497,500 |
| 2025 | $670,000 | $490,000 |
| Apr 2025 | $695,000 | $513,800 |
| July 2025 | $708,500 | $540,100 |
| Oct 2025 | $725,000 | $550,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Pakenham medians by quarter
The most recent quarter on record for Pakenham is 2025-Q4.
Pakenham medians by quarter
| Quarter | Type | Median | Sales |
|---|---|---|---|
| 2025-Q4 | Unit | $550k | 58 |
| 2025-Q4 | House | $725k | 291 |
| 2025-Q3 | Unit | $540k | 57 |
| 2025-Q3 | House | $709k | 312 |
| 2025-Q2 | Unit | $514k | 66 |
| 2025-Q2 | House | $695k | 276 |
| 2025-Q1 | Unit | $490k | 47 |
| 2025-Q1 | House | $670k | 247 |
| 2024-Q4 | Unit | $498k | 52 |
| 2024-Q4 | House | $660k | 236 |
| 2024-Q3 | Unit | $478k | 50 |
| 2024-Q3 | House | $640k | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Pakenham
Pakenham has a median age of 33 and a median household income of $1,664 a week.
Population (Pakenham)
54,118
Median age (Pakenham)
33 years
Median household income (Pakenham)
$1,664/wk
People per square kilometre
630
Average taxable income (postcode, 2023)
$64,254
SEIFA advantage decile (Pakenham)
4 of 10
Addresses in the suburb (G-NAF)
29,007
Rooftop solar installs, 12 months (postcode)
495
How Pakenham homes are held
Owned outright
18.7% · 3,445
Owned with a mortgage
46.3% · 8,536
Rented
30.8% · 5,679
Pakenham homes by bedroom count
1 bedroom or studio
0.8% · 149
2 bedrooms
11.5% · 2,095
3 bedrooms
45.1% · 8,199
4 bedrooms
38.1% · 6,918
5 or more
4.5% · 818
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)
from income, education, occupation and housing
4 of 10
Relative disadvantage (IRSD)
from low income, low education and unskilled occupations
4 of 10
Economic resources (IER)
from household income, wealth and housing costs
4 of 10
Education and occupation (IEO)
from qualifications and skilled work
4 of 10
- Figures labelled Pakenham are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Pakenham - South East" and postcode 3810 both extend beyond Pakenham.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Pakenham
The 12 schools in Pakenham sit at the 47th percentile nationally on ACARA's socio-educational index.
Schools located in Pakenham
| School | Sector | Type | ICSEA |
|---|---|---|---|
| Beaconhills College | Independent | Combined | 1,035 |
| Edenbrook Secondary College | Government | Secondary | 1,002 |
| John Henry Primary School | Government | Primary | 1,020 |
| Kuyim Primary School | Government | Primary | 1,019 |
| Lakeside College | Independent | Combined | 1,034 |
| Pakenham Consolidated School | Government | Primary | 965 |
| Pakenham Hills Primary School | Government | Primary | 978 |
| Pakenham Lakeside Primary School | Government | Primary | 1,007 |
| Pakenham Primary School | Government | Primary | 999 |
| Pakenham Secondary College | Government | Secondary | 962 |
| Pakenham Springs Primary School | Government | Primary | 995 |
| St Patrick's School | Catholic | Primary | 982 |
Median school percentile nationally · ICSEA score
Pakenham · 12 schools
47th · 1000
Cardinia LGA
52nd · 1010
Melbourne South East
66th · 1043
VIC
60th · 1030
Australia
51st · 1008
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Pakenham
Pakenham's typical house price of $701,000 is the lowest of the 5 Melbourne South East suburbs we cover.
Pakenham: common questions
- How much does a house cost in Pakenham?
- About $701,000 across the 12 months to 2025-Q4, from 1,126 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Pakenham prices gone up?
- Prices have risen 87.1% over 10 years and moved +35.1% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Pakenham?
- The typical unit price was around $525,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 228 sales.
- Can I see Pakenham prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Pakenham?
- Pakenham has 12 ACARA-registered schools, including Beaconhills College, Edenbrook Secondary College, John Henry Primary School, Kuyim Primary School, Lakeside College, Pakenham Consolidated School.
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Data sources
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- [4]
- [5]
- [6]
This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.