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Real Estate Appraisal Pakenham VIC 3810

How much is my home worth in Pakenham?

<p>The median price for a house in Pakenham is $650,000 as of February 9, 2023. The median price for a unit is $477,500.</p><p>There have been 1079 houses sold and 151 units sold in the last year. The average annual capital growth for houses is 7.17% and for units, it is 6.69%.</p><p>The 12-month capital growth is 10.32% on houses and for units, it is 11.90%.</p><p>The Demand to Supply Ratio or DSR rating has homes as good and units as very good. Buyers are making reasonable offers, and sellers are not panicking.</p><p>For investors, this is a favourable market. Demand is outpacing supply, but not by much. Buyers rarely get away with making low-ball bids. Sellers almost always receive the pricing they demand. Growth will likely outpace the national average. It takes on average 12 days to sell a house and 13 days to sell a unit in Pakenham.</p><p></p><p><b>House prices and rent returns in Pakenham.</b></p><ul><li>2 bedroom home $531,000, Rent per week $360</li><li>3 bedroom home $618,000 Rent per week $400</li><li>4 bedroom home $704,000, Rent per week $460</li></ul><p><b>Unit prices and rent returns in Pakenham.</b></p><ul><li>2 bedroom home $450,000, Rent per week $350</li><li>3 bedroom home $515,000, Rent per week $380</li></ul><p>The Pakenham gross rental yield for houses is 3.39% and for units, it is 3.96%.</p>

Free Real Estate Appraisal Pakenham

Selling your house in Pakenham? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Pakenham

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.

Property Valuation Pakenham

The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.

If you want to know the value of your Pakenham home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.

How do we appraise a property in Pakenham?

<ul><li>Recent property sales history in the Pakenham district</li><li>Location and the proximity to amenities</li><li>Accessibility of schools and shops</li><li>Comparison of market values</li><li>Condition and size of the property</li></ul>

Want to know what your Pakenham home is worth?

Recently Sold Properties in Pakenham

<p><a href="https://www.barryplant.com.au/sold-properties/?status=sold&amp;property_class=residential&amp;listing_type=sale&amp;search_view=location&amp;save_search=false&amp;advanced=false&amp;address_suburb=PAKENHAM&amp;order_by=-created">View all sold properties in Pakenham</a></p>

Lifestyle in Pakenham

<p>Pakenham is a Melbourne suburb on the outskirts of Victoria&#x27;s West Gippsland region, 53 kilometres south-east of Melbourne&#x27;s Central Business District, and part of the Shire of Cardinia local government area. At the 2016 Census, Pakenham had a population of 46,421. Neighbouring suburbs include Officer, Pakenham Upper and Nar Nar Goon.</p><p>You can board the train at Cardinia Station that travels along the Gippsland line. The M1 motorway runs through the middle of Pakenham. There are multiple shopping precincts in old and new Pakenham. There is no shortage of franchise takeaway outlets and very decent cafes. And if renovating is your hobby you can visit <a href="https://www.bunnings.com.au/stores/vic/pakenham">Bunnings Pakenham</a>.</p><p>For exercise, you can utilise the Cardinia Aqueduct trail or some of the many parks and reserves. There is also a swimming centre and indoor sports complex.</p><p>Pakenham has mass residential projects in progress. The town planning is very advanced and you should not want for anything.</p>

Schools in Pakenham

<p>There are 12 schools in Pakenham.</p><ul><li><a href="http://pakenhamps.vic.edu.au/">Pakenham Primary School</a></li><li><a href="https://edenbrooksc.vic.edu.au/">Edenbrook Secondary College</a></li><li><a href="https://www.pakconps.vic.edu.au/">Pakenham Consolidated School</a></li><li><a href="http://www.pakenhamsc.vic.edu.au/">Pakenham Secondary College</a></li><li><a href="http://www.pakenhamsprings.vic.edu.au/">Pakenham Springs Primary School</a></li><li><a href="http://www.pakenhamhillsps.vic.edu.au/">Pakenham Hills Primary School</a></li><li><a href="http://www.plps.vic.edu.au/">Pakenham Lakeside Primary School</a></li><li><a href="http://jhps.vic.edu.au/">John Henry Primary School Pakenham</a></li><li><a href="https://www.beaconhills.vic.edu.au/">Beaconhills College Pakenham</a></li><li><a href="https://ecg.vic.edu.au/">ECG College Pakenham</a></li><li><a href="http://www.stppakenham.catholic.edu.au/">St Patrick&#x27;s School Pakenham</a></li><li><a href="http://www.lakeside.vic.edu.au/">Lakeside College Pakenham</a></li></ul>

Pakenham Real Estate Agent Contact Details

<p>Office: <a href="/offices/pakenham/">Pakenham</a><br/>Phone: <a href="tel:03 5941 1977">03 5941 1977</a></p>

Featured suburbs

Officer

VIC 3809

Officer is located 45km south-east of Melbourne's CBD.

View Suburb Profiles in the Shire of Cardinia