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City of Merri-bek

Pascoe Vale

Pascoe Vale Property Market
& Suburb Profile

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MEDIAN PRICES IN PASCOE VALE

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)+17%

Median unit price

(all agencies, last 12 months)$667k*

Unit price change

(all agencies, last 12 months)+4.26%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

PASCOE VALE price TRACKER

HousesUnits

Pascoe Vale sales overview

  • Sold by Auction 66%
  • Sold by Private Sale or Other Method 34%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)28

Auction clearance rate in Pascoe Vale

(all agencies, last 12 months)70%

Average held period in Pascoe Vale

(proptrack)12 years

Pascoe Vale Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$636pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$551pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)2.87%

Average rental yield for Units

(all agencies, last 12 months)4.29%

Pascoe Vale total population size

(as at the last census)18,171

Median household size in Pascoe Vale

(as at the last census)2.4

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Pascoe Vale property types

  • Houses 24%
  • Units 43%
  • Other 33%

OCCUPANCY in Pascoe Vale

  • Owned 63%
  • Rented 35%
  • Other/Not Stated 2%
  • Singles 28%
  • Families 67%
  • Other 5%

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About Pascoe Vale

Pascoe Vale is a vibrant suburb located just 11km north of Melbourne’s bustling CBD. Known for its welcoming community and abundant green spaces, Pascoe Vale offers a balanced lifestyle that appeals to families, professionals, and retirees alike.

Parks and Recreation

Pascoe Vale is renowned for its lush parks and recreational areas, perfect for outdoor enthusiasts and families. Some notable green spaces include:

  • Cole Reserve: A popular spot for local sports and community events.
  • Austin Reserve: Ideal for picnics and leisurely strolls.
  • Kelvin Thomson Reserve: Offers walking tracks and playgrounds.
  • Gavin Park: Features sports facilities and open spaces for various activities.

Schools and Education

Families in Pascoe Vale have access to a range of reputable schools, ensuring quality education for children of all ages. Educational institutions in the area include:

  • Pascoe Vale Girls’ College
  • Westbreen Primary School
  • Pascoe Vale Primary School
  • Pascoe Vale North Primary School
  • St. Oliver Plunkett Primary School
  • Pascoe Vale South Primary School

Transportation

Commuting is convenient in Pascoe Vale, thanks to its excellent public transport options:

  • Pascoe Vale Station on the Craigieburn railway line connects residents to the CBD and surrounding suburbs.
  • Several bus routes and tram services traverse the suburb, making it easy to get around without a car.

Lifestyle and Community

Pascoe Vale’s community spirit is one of its standout features. The suburb boasts a friendly and inclusive atmosphere, with numerous local events and community groups fostering a strong sense of belonging.

Whether you are looking for a place to raise a family, settle down, or enjoy a convenient lifestyle close to Melbourne’s CBD, Pascoe Vale has something to offer everyone. Its combination of urban amenities and suburban tranquility makes it a highly desirable location.

Nearby Suburbs

Pascoe Vale’s location offers proximity to several other attractive suburbs, including:

Disclaimer: The information provided in this suburb profile is intended as a general guide only. While every effort has been made to ensure accuracy, the content may not reflect the most current data or developments. Readers should verify any information independently before making any decisions based on the details presented. The suburb profile is subject to change and should not be relied upon as a sole source of information.

Education

Pascoe Vale Girls Secondary College
Pascoe Vale North Primary School
Pascoe Vale Primary School
St Oliver Plunkett's School
Westbreen Primary School
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Sales Comparison

Find out how Pascoe Vale median sales prices compare to neighbouring suburbs.

Pascoe Vale MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025496$918,62517.00%626$594pw3.58%
2024510$820,000-1.48%692$576pw3.67%
2023418$822,500-6.88%707$545pw3.50%
2022398$870,5009.82%911$481pw3.17%
2021521$838,7507.30%946$436pw2.71%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025496$918,625+17.00%
2024510$820,000-1.48%
2023418$822,500-6.88%
2022398$870,500+9.82%
2021521$838,750+7.30%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025626$594pw3.58%
2024692$576pw3.67%
2023707$545pw3.50%
2022911$481pw3.17%
2021946$436pw2.71%

PROUDLY SERVICING Pascoe Vale

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.