Curlewis vs Pakenham
Property investment comparison - Curlewis, VIC 3222 vs Pakenham, VIC 3810
Head-to-head across core investment metrics: Curlewis wins 2, Pakenham wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Curlewis | Pakenham |
|---|---|---|
| Median house price | $720K | $720K |
| Median unit price | $730K | $560K |
| Gross rental yield (houses) | 4.03% | - |
| Gross rental yield (units) | 3.09% | 4.73% |
| 1-year house growth | +8.0% | +7.6% |
| 3-year house growth | +6.0% | +12.5% |
| Vacancy rate | 1.6% | 1.7% |
| Population | 4,175 | 54,118 |
Curlewis vs Pakenham: what the numbers say
Houses cost about the same in both suburbs: the median house price is $720K in Curlewis and $720K in Pakenham.
For units, Curlewis sits at a median of $730K against $560K in Pakenham, which makes Pakenham the more affordable unit market and Curlewis the pricier one.
Over the past year house prices moved +8.0% in Curlewis and +7.6% in Pakenham, so recent momentum favours Curlewis, although both suburbs recorded growth.
Looking back three years, Curlewis houses are +6.0% and Pakenham houses +12.5%, so Pakenham has compounded faster than Curlewis over the longer window.
Rental vacancy is 1.6% in Curlewis and 1.7% in Pakenham, so landlords in Curlewis face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Pakenham is the bigger suburb, with a population of 54,118 against 4,175, roughly 13 times the size of Curlewis; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Curlewis for recent price momentum, Curlewis for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison