Average rent in Pakenham - North West, VIC — 2026

Pakenham - North West runs roughly with the Victoria state median — renters typically pay $366/week, close to the $363/week state baseline (ABS Census 2021). Most households here own (68% are owners or paying off a mortgage) and only 29% rent. Separate houses dominate the housing stock (95%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 32 and a population around 7,479. The most common occupation is Professionals, and 29% of residents were born overseas. Pakenham - North West is 50km 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.