Average rent in Pakenham - North East, VIC — 2026

Pakenham - North East runs roughly with the Victoria state median — renters typically pay $346/week, close to the $363/week state baseline (ABS Census 2021). Most households here own (67% are owners or paying off a mortgage) and only 30% rent. Separate houses dominate the housing stock (88%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 32 and a population around 15,441. The most common occupation is Technicians and Trades Workers, and 23% of residents were born overseas. Pakenham - North East is 55km from Melbourne, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.