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Suburb Insights ยท VIC 3810

Pakenham South 3810, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Pakenham South is a regional centre in Victoria, Australia, with a population of approximately 229, making it a boutique locality. Located approximately 59 km from the Melbourne CBD, Pakenham South is a regional area in Victoria. The median household income is $89,856 AUD per year (ABS 2021 Census).

Investment Score

39 / 100 Weak

Pakenham South has a solid income profile that supports reliable occupancy rates. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Pakenham South, Victoria, Australia.

Key Indicators

Postcode
3810

Official Australia Post postcode for Pakenham South. A postcode may cover multiple suburbs.

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Population
229

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$231/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$89,856/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
59 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,250/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
94% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Pakenham South serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $231/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,250/month. The median household income of $89,856/year reflects a solid demographic, supporting sustainable rental demand. 94% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Pakenham South offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Pakenham South's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Pakenham South makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Pakenham South

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Pakenham South is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Pakenham South is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Pakenham South is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Pakenham South a good suburb for investment?

Pakenham South is a regional area in Victoria with a population of 229. The median rent is $231/week and the median household income is $89,856/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Pakenham South?

Key demand drivers in Pakenham South include regional employment hubs, lifestyle, and affordability. 94% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Pakenham South?

According to the ABS 2021 Census, Pakenham South has a population of approximately 229. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Pakenham South from the Melbourne CBD?

Pakenham South is approximately 59 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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