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Pakenham

VIC 3810
Pakenham, located 53 km southeast of Melbourne's CBD, is the most populous suburb in the Shire of Cardinia. With a population of 54,118 recorded in the 2021 census, Pakenham has experienced significant growth due to new housing developments. The suburb is well-connected, with the Pakenham railway station serving as the end point for suburban electrified services and also connecting to Gippsland. Pakenham is situated on the Princes Highway, and the Pakenham Bypass allows for efficient travel between Melbourne and Gippsland. In terms of amenities, Pakenham offers a range of facilities for residents. The Cardinia LiFE aquatic center provides swimming and fitness options, while the Pakenham Regional Tennis Centre offers 18 floodlit courts. The suburb also has a strong sporting culture, with activities such as baseball, cricket, tennis, netball, and Australian Rules Football available. Education options in Pakenham include several public and private schools, catering to different educational preferences. Retail needs are well-served by major supermarkets and a variety of stores in shopping centers like Pakenham Central Marketplace. Overall, Pakenham combines its growth as a residential area with a range of amenities, sporting facilities, and education options, making it an attractive suburb for prospective buyers.
AREA
85.8497 km2
POPULATION
54,118
OWNER OCCUPIED %
65%
LARGEST AGE GROUP
30-40
MEDIAN MONTHLY MORTGAGE
$1,733
MEDIAN WEEKLY RENT
$540

Pakenham Market Trends & Statistics

Recent Median Prices
Previous quarter
Houses
4.29%
$730,000
Units
1.27%
$517,500
Housing Stock Breakdown
Suburb market composition
25,314
Properties
79.92% Houses (20,230)
20.08% Units (5,084)

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