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Pearcedale suburb profile

Pearcedale is a semi-rural suburb on the northern edge of the Mornington Peninsula, known for its market gardens, horse properties and low-density rural-residential lots. The suburb is laid out around paddocks and country lanes with a modest village centre that caters for everyday needs, while larger retail and services are found in nearby townships. Much of the local life revolves around outdoor pursuits, equestrian activity and birdwatching on the Western Port foreshore and adjacent wetlands. Pearcedale offers a quiet, country-oriented lifestyle within reach of the peninsula's beaches and the Melbourne metropolitan fringe, with straightforward road links to surrounding centres.

Pearcedale property market performance

Like many smaller suburbs, Pearcedale sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values declined modestly, down 2.7% over the last 12 months. There were 9 house sales in the last 3 months, and houses sold in a median of 24 days over the last 12 months.

In Pearcedale, the rental market shows house rents averaging $655 a week, down a modest 3.7% over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-2.7%N/A
Sold
Past 3 months
9N/A
Median days on market
Past 12 months
24N/A
Average rent
Past 12 months
$655N/A
Change in rent
Past 12 months
-3.7%N/A

5 year median price trend for houses and units

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Pearcedale demographics

A community of 3,867 people, Pearcedale has a median age of 41 and a median household income of $2,009 a week, roughly $104,500 a year.

Families are the dominant household type. Couple families with children are the largest group at 46.8%, while couple families without children account for 39.8%. One-parent families make up 11.3% and other families 2.0%. Together, couple families represent 86.6% of families, so more than eight in ten family households are couples.

Homes in Pearcedale are overwhelmingly owner-occupied: about nine in ten are held by owners, with 52.3% owned with a mortgage and 37.9% owned outright, and 9.8% of households are rented.

Suburbs near Pearcedale

Some popular suburbs near Pearcedale include:

  • Langwarrin South: Semi-rural neighbourhood with acreage blocks and native reserves.
  • Somerville: Growing township with a village centre and nearby wetlands.
  • Cranbourne South: Newer residential growth area blending housing estates and open paddocks.
  • Botanic Ridge: Planned suburb offering parks, lakes and family-friendly streets.
  • Baxter: Small town with tree-lined streets and a rural outlook.

How does Pearcedale compare to nearby suburbs?

  • Median house prices: Pearcedale’s median house price is 9.9% higher than Somerville’s.
  • House price growth: Property prices in nearby Somerville have risen 9.4% more than in Pearcedale over the past year.
  • Selling speed for houses: Properties in Pearcedale are selling 29.4% faster than in Cranbourne South.
  • House price growth: Over the past 12 months, house prices in Pearcedale have grown 11.7% lower than the average rate of growth across Melbourne.

Choose the right real estate agents in Pearcedale

Choosing the right real estate agent in Pearcedale can have a big impact on your sale. While there are 23 real estate agents working in the suburb, but just 5 of them were responsible for 60.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.13% to 2.71%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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