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Pakenham Real Estate Agents

Free performance report on all Pakenham agents

Pakenham Real Estate Agents Report - It's free

There are 56 real estate agents servicing Pakenham and surrounds. In 2014 they sold 807 properties. We have analysed all these Pakenham agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents

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Pakenham Real Estate Agents - As featured in
Pakenham Property Market Summary

Real Estate Agents Pakenham – 2012/13 Performance

Pakenham Real Estate Agents sold 807 properties over the last 12 months (713 houses and 94 units). On average these 713 Pakenham houses took 89 days to sell and were sold at an average discount of -6% from their initial listing price. Pakenham units on average took 94 days to sell and were sold at an average discount of -7% from their initial listing price.

The best Pakenham Real Estate Agents sell properties considerably better than these average figures. We detail who these Pakenham agents are in our free report

Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 56 agents operating in the Cardinia – Pakenham council area servicing the Pakenham market and 21 agencies, vendors should only use those Pakenham agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Pakenham property.

With total house growth of 37% over the last five years Pakenham agents have had it reasonably easy selling into an appreciating market. Units have fared not as well growing at 22%. Growth in Pakenham houses over the last year has been below the five year annual growth rate, coming in at -1% for houses (5yr average 7%) and below for units -2% (5yr average 4%).

Request your free report for the individual performance details of real estate agents in Pakenham and the properties they have sold over the last couple of years.

With Pakenham houses only selling on average every 6 years and units every 5 years, securing the best Pakenham real estate agent to manage this infrequent transaction is crucial.

At the end of the day choosing the best Pakenham real estate agent to sell your property can make years of difference to your personal financial situation.

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Suburb Overview

Pakenham is a satellite suburb of Melbourne on the edge of the West Gippsland region of Victoria, Australia, 56 km south-east from Melbourne's central business district. Its Local Government Area is Cardinia Shire. At the 2006 Census, Pakenham had a population of 19,644. The Australian Bureau of Statistics estimated the population at end the of 2008

Pakenham is in some aspects still considered as a regional suburb. New housing estates are boosting its population, such as Lakeside, Falling Waters and Heritage Springs.

Pakenham was named after Sir Edward Pakenham, a British general who fought in the Peninsular War.

The original Pakenham Post Office opened on 1 February 1859, was renamed Pakenham West on 1 October 1971, and was closed on 15 January 1974. The existing Pakenham Post Office was opened on 11 June 1888 as Pakenham Railway Station Post Office, was renamed Pakenham East in 1908, and further renamed Pakenham on 1 October 1971. The railway station was opened on 8 October 1877 and was a part of the east link connecting Melbourne to Pakenham and other eastern towns.

Pakenham is on the main railway line between Melbourne and Gippsland, and its railway station marks the end of the suburban electrified service. Pakenham Station is the termination point of all services operated by Metro Trains Melbourne heading out of the city, but V/Line trains to and from Gippsland also serve Pakenham.

Cardinia Road Railway Station has been constructed in Pakenham, adjacent to the Lakeside estate. It carried its first train services on Sunday 22 April 2012, although it will only have off-peak services stopping there until an electrical upgrade, due for completion by the end of 2012.

Pakenham is also on the Princes Highway. The Pakenham bypass allows road traffic between Melbourne and Gippsland to bypass Pakenham, both shortening travel times and alleviating traffic congestion within Pakenham. The main north-south roads through Pakenham take one north to Healesville and south to Koo Wee Rup.

Pakenham is serviced by four local newspapers: Star News Group's The Pakenham Gazette, available every Wednesday for $1, and Star's widely distributed Pakenham News, which is dropped into mailboxes free every Thursday around the town, the Pakenham-Cardinia Leader, which also serves the nearby township of Cardinia, dropped into mailboxes every Thursday, and the Pakenham Journal, a weekly paper, delivered weekly to houses around the town.

The 102 year old Star News Group houses its main headquarters on the Princes Highway, Pakenham East.

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