Your suburb, scored · Data as of Oct 2026

Pakenham, VIC

Postcode 3810, 3815 · Cardinia council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 85 / 100 — ranked #2,295 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$710,000

Up 3.6% over the past 12 months of settled sales.

Median weekly rent$570/wk

That's a gross yield of 4.2% at the current median price.

Vacancy rate3.4%

Above the 1.5% line where the rental market starts to loosen.

Investment analysisIs Pakenham a good investment in 2026? Read our deep dive: best and worst streets, cashflow at 80% LVR, and our take →

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Best Streets in Pakenham, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Pakenham's streets below.

Other High-Scoring Suburbs in Cardinia (VIC)

IndicatorPakenham ReadingContext & Benchmark
Ripehouse R-Score85 / 100Ranked #2,295 of 15,286 Australian suburbs (Oct 2026)
Median House Price$710,000+3.6% over the past 12 months of settled sales
Median Weekly Asking Rent$570/wkImplies a 4.2% gross rental yield at the current median price
Rental Vacancy Rate3.4%Above the 1.5% tight-supply threshold
Median Days on Market55 daysPart of Cardinia (VIC) council area (LGA avg R-Score 90/100)

Buyer's Agent & Quantitative Due Diligence

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Pakenham VIC FAQs

Frequently Asked Questions: Investing in Pakenham, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Pakenham.

Is Pakenham VIC a good suburb for property investment in 2026?

As of Oct 2026, Pakenham (VIC 3810) scores 85/100 on the Ripehouse R-Score, ranking #2,295 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $710,000, median rent of $570/wk, gross yield of 4.2%, and vacancy of 3.4%.

What is the median house price and 12-month growth in Pakenham VIC?

The current median property price in Pakenham (VIC) is $710,000 (Oct 2026), representing a +3.6% change over the past 12 months. Properties in Pakenham currently spend a median of 55 days on market.

What is the rental yield and vacancy rate in Pakenham VIC?

In Pakenham (VIC), the median weekly asking rent is $570/wk, producing a gross rental yield of 4.2%. The suburb vacancy rate is 3.4% as of Oct 2026.

What are the best streets in Pakenham VIC?

Ripehouse Advisory scores every G-NAF street in Pakenham against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Pakenham Street Score tool on this page to compare individual streets.

Which council area (LGA) is Pakenham VIC located in?

Pakenham (VIC, postcode 3810, 3815) is located in the Cardinia council area (LGA) within Greater Melbourne. Across Cardinia, the council-wide average R-Score is 90/100 across 42 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.