NSW/
Pennant hills

Suburb Profile

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

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unit

Property investors have seen a 1.33% gain in PENNANT HILLS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on PENNANT HILLS, 2120 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 14.46%.

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 $1,520,000

Profits averaged 18.9% per annum over a 3-year period, due to an upward trend in home prices in PENNANT HILLS, 2120.

This means, real estate investors could earn a rental income of $742.5 based on current median home prices for the suburb.

The gross rental yield in PENNANT HILLS, 2120 is 2.54%.

An average of 6.83 real estate transactions take place per month in PENNANT HILLS which translates to 82 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,520,000 $652,500
GROWTH REPORT
Median Quarterly 1.33% -12.42%
Median 12 month 14.46% -8.37%
Median 3 years 56.7% 41.23%
Median 5 years 98.24% 60.91%
10 years average annual 9.45% 7.49%
Weekly media advert. rent $742.5 $490
Time on Market 48.1 days 51.4 days
Gross Rental Yield Percent 2.54% 3.9%
demographics (median values)
Total Population
6830
Weekly Household Income
1529
Household Size
2.80
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