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Pennant Hills

Suburb Profile

Pennant Hills - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2120

house
unit

Property investors have seen a -0.03% drop in PENNANT HILLS based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PENNANT HILLS, 2120 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,440,000

Profits averaged -3.53% per annum over a 3-year period, due to an downward trend in home prices in PENNANT HILLS, 2120.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in PENNANT HILLS, 2120 is 2.35%.

An average of 5.5 real estate transactions take place per month in PENNANT HILLS which translates to 66 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,440,000 $663,000
GROWTH REPORT
Median Quarterly -0.03% -6.62%
Median 12 month 8.68% -14.45%
Median 3 years -10.59% 0.45%
Median 5 years 14.01% -5.96%
10 years average annual 7.22% 6.07%
Weekly media advert. rent $650 $450
Time on Market 62.8 days 74.7 days
Gross Rental Yield Percent 2.35% 3.53%
demographics (median values)
Total Population
6830
Weekly Household Income
1529
Household Size
2.80
demographics
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