Thinking about buying in Pakenham Upper? Now could not be a better time, with just 468 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,565,000 with prices in this suburb ranging from $398,000 to $2,924,000. The aproximate distance to the coast is 20 Km.
Household Makeup
| Median Weekly Rent | $292.75 |
| Median Monthly Mortgage | $2144.25 |
| Median Persons Per Bedroom | 0.78 |
| Average Household Size | 3.00 |
| Average Age | 43.00 |
| Average Income | $786.75 |
| Average Cars Per Dwelling | 2.56 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 2 Bed $1,006,000 |
| 3 Bed $1,540,000 |
| 4 Bed $1,670,000 |
| 5 Bed $1,948,000 |
| 6 Bed+$1,505,000 |
Pakenham Upper Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Pakenham Upper ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Pakenham Upper classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Pakenham Upper requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Pakenham Upper we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Pakenham Upper a better buying opportunity than it may have been in the past.
Houses for sale Pakenham Upper
|
18 hoyles rd, pakenham upper, vic, 3810 |  4 |
 3 |
 2 |
2400000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Pakenham Upper there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Pakenham Upper weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
| Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
| Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
| Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
| May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
| Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
| Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
| Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
| Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
| Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
| Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
| Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Garfield - Greater then 10KM
Lakeside - Less than 10 KM
Tynong - Greater then 10KM
Pakenham - Less than 10 KM
Nar Nar Goon - Less than 10 KM
Emerald - Greater then 10KM
Menzies Creek - Greater then 10KM
Gembrook (Town) - Less than 10 KM
Gembrook (Heritage) - Less than 10 KM
Cockatoo - Less than 10 KM
General Points of Interest
Pakenham Outdoor Swimming Pool - Less than 10 KM
Cardinia Beaconhills Golf Links - Less than 10 KM
Cardinia Life Leisure Centre - Less than 10 KM
Ronald Clifford Andrews Memorial - Less than 10 KM
Model Railway - Less than 10 KM
Deep Creek Golf Club - Less than 10 KM
Heritage Springs Shopping Village - Less than 10 KM
Chestnut Hill Winery - Less than 5 KM
Home Consortium Pakenham - Less than 10 KM
Paddle boats - Less than 10 KM
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