FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Pakenham, Victoria 6.4 out of 10 (Proceed with Caution) as of May 2026.
Pakenham demonstrates a low 1.8% vacancy rate, reflecting consistent tenant demand from demographics seeking affordable housing options 55 kilometres from the Melbourne central business district. While this indicates strong rental market absorption, investors must note the prevailing high supply levels which could temper future capital growth potential.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
9 of 12 signals locked — unlock the full model read for A$25
Unlock 9 signals — A$25 →FairSquare's model rates Pakenham, Victoria 6.4 out of 10 (Proceed with Caution) as of May 2026. Pakenham demonstrates a low 1.8% vacancy rate, reflecting consistent tenant demand from demographics seeking affordable housing options 55 kilometres from the Melbourne central business district. While this indicates strong rental market absorption, investors must note the prevailing high supply levels which could temper future capital growth potential.
The median house price in Pakenham, VIC is $666K. Weekly rent of $535 against a 4.2% gross yield underpins this figure.
Pakenham has a gross rental yield of 4.2%, with a median weekly rent of $535. 12-month price growth is tracking at +5.0%.
Based on its market signals, Pakenham aligns with: Yield Play, Entry Level, SMSF.