Property prices for rent in Pakenham (Victoria)

The rent prices in real estate in Pakenham, in the Victoria region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$4,882.67
Average price last 6 months
$6.18
Price/m² last 6 months
Average price per m2

The price per m² in Pakenham has had a strong fall during the last 6 months. In September, the average price per m² was $11.17. In the following month the price per m² fell considerably to $8.7. The price for the following two months in (November, December) had a considerable fall of 77 with regard to the previous two months. The price per m² has had a considerable fall of 11 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $8.8 to $0.94 during January, and February.

Average price

When referring to the price in Pakenham (suburbs), this has fallen considerably in the last 6 months. The average price for September is $9,291. During October the price had a considerable fall till $6,772. During the following two months (November, December) the average price had a considerable fall of 76 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $7,064 to $520, which means a 7 % fall.

Charts data
Average price February
Average price per m² February
Number of properties used in Pakenham
Number of properties used in region Victoria
$513
$0.88
80
270,202
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Versatile Opportunity: Ideal For First Home Buyers, Down Sizers, And Investors
 9
Versatile Opportunity: Ideal For First Home Buyers, Down Sizers, And Investors
Request Details
Pakenham, Victoria - For Sale - House - 533 m² - 4 bedrooms - 1 bathroom
Welcome to 14 ebony drive, a cozy and functional home offering comfortable living in a convenient location. This modest yet charming residence features three...
Modern 2 Bedroom Townhouse In Ascot Estate! No Body Corp!
 8
Modern 2 Bedroom Townhouse In Ascot Estate! No Body Corp!
Request Details
Pakenham, Victoria - For Sale - Townhouse - 106 m² - 4 bedrooms - 2 bathrooms
Of pakenham train station, bus stops, main street pakenham, pakenham marketplace, as well...
Opportunity Is Calling You! Must Be Seen! Must Be Sold!
 11
Opportunity Is Calling You! Must Be Seen! Must Be Sold!
Request Details
Pakenham, Victoria - For Sale - House - 528 m² - 5 bedrooms - 2 bathrooms
An incredible opportunity awaits for a savvy purchaser or an investor to make this home your own! Offering incredible value in todays market, this will not...
Large And Stylish Family Home With The Perfect Floor Plan!
 12
Large And Stylish Family Home With The Perfect Floor Plan!
Request Details
Pakenham, Victoria - For Sale - House - 512 m² - 6 bedrooms - 2 bathrooms
This gorgeous home offers zoned living with 4 bedrooms, 2 bathrooms, 3 living areas, a separate dining room, currently being used as a home office, and lovely...
Designer Kitchen! Side Access! Lakeside Location!
 12
Designer Kitchen! Side Access! Lakeside Location!
Request Details
Pakenham, Victoria - For Sale - House - 504 m² - 5 bedrooms - 2 bathrooms
If you are a first home buyer or downsizer looking for a home with something special, this could be it. Set on a 504m2 corner block with side access in the...