Pakenham Upper 3810
Market analysis for investment properties in Pakenham Upper
Median Price
$1,520,000
Trend:Decelerating
-4.3%
Median Rent
$850/pw
Trend:Accelerating
+13.3%
Rental Yield
2.91%
Trend:Accelerating
+18.3%
Median DoM
74 Days
Trend:Accelerating
+7.3%
Market Analysis
Why investors are watching Pakenham Upper right now.
Pakenham Upper offers a more rural setting with limited shopping options within the immediate vicinity. Residents often venture to nearby Pakenham for a wider selection of shops, including Pakenham Central Marketplace and Pakenham Place Shopping Centre.
The suburb is home to Pakenham Upper Primary School, providing education up to Grade 6. For secondary education, students typically attend nearby Pakenham Secondary College or Beaconhills College, which are within a short drive.
Pakenham Upper lacks direct access to train or tram lines. The most common mode of public transport to reach the Melbourne CBD is via bus services, which connect residents to Pakenham Railway Station. From there, trains offer a direct route to Melbourne's CBD, approximately 56 km away.
Pakenham Upper boasts a lush natural environment with ample greenery and open spaces. The suburb is surrounded by the picturesque landscape of the Cardinia Reservoir Park, providing opportunities for outdoor activities such as hiking, picnicking, and birdwatching. Residents enjoy a peaceful setting immersed in nature.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
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See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Pakenham Upper often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Pakenham Upper be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Pakenham Upper, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
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Investment Insights & FAQ
Frequently asked questions about the Pakenham Upper property market in 2026.
As of March 2026, the Pakenham Upper property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of -4.25%. These figures reflect the evolving demand within Cardinia, offering potential for long-term value preservation.
Based on the latest market snapshot, median property prices in Pakenham Upper range from $1,520,000 for houses. These values are calculated based on recent transaction data and current buyer activity across the Cardinia region.
For investors targeting cash flow, houses rent for $850 /pw with a 2.91% yield. This rental performance is a key indicator of strong tenant demand within the Pakenham Upper area.
Market Insights Last Updated: March 2026