Pennant Hills

Property investments in PENNANT HILLS did not fare well against the rest of the country last year, registering a median home price decrease of -10.63%.

Figures from the previous quarter show that capital gains for real estate buyers in PENNANT HILLS are high, as opposed to average gains per annum over the past five years.

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

This means, real estate investors could earn a rental income of $395 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In PENNANT HILLS, homes and units usually stay on listing for an average of 43.8 days.

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 $592,500

Investors saw the median home price rise to $592,500.

PENNANT HILLS ranks 328th on the list of best yielding suburbs for rental properties in NSW, posting a 3.47% return.