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West Pennant Hills

West Pennant Hills - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2125

house
unit

Property investors have seen a 2.64% gain in WEST PENNANT HILLS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WEST PENNANT HILLS, 2125 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 17.77%.

Based on its average 5-year and quarterly capital gains WEST PENNANT HILLS, 2125 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 $1,750,000

Profits averaged -0.15% per annum over a 3-year period, due to an downward trend in home prices in WEST PENNANT HILLS, 2125.

This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

The gross rental yield in WEST PENNANT HILLS, 2125 is 2.08%.

An average of 12.75 real estate transactions take place per month in WEST PENNANT HILLS which translates to 153 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,750,000 $1,000,000
GROWTH REPORT
Median Quarterly 2.64% -2.2%
Median 12 month 17.77% N/A
Median 3 years -0.46% N/A
Median 5 years 18.24% 17.58%
10 years average annual 7.94% 7.02%
Weekly media advert. rent $700 $422.5
Time on Market 65.6 days 47.1 days
Gross Rental Yield Percent 2.08% 2.2%
demographics (median values)
Total Population
16487
Weekly Household Income
2076
Household Size
3.20
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