Powered by MOMENTUM MEDIA
AREA REPORTS

Penrith

Suburb Profile

Penrith - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2750

house
unit

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

This number can mean, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.

On average, rents on listings have reached the $420 mark, reflecting a 3.44% increase in returns based on the current median price in PENRITH.

PENRITH, 2750 ranks 1005th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 666th on the list of best yielding suburbs for rental properties in NSW, posting a 3.44% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $635,000 $465,000
GROWTH REPORT
Median Quarterly 2.42% 0%
Median 12 month -7.97% -11.43%
Median 3 years -5.37% -9.31%
Median 5 years 32.98% 24%
10 years average annual 7.77% 7.37%
Weekly media advert. rent $420 $390
Time on Market 76.9 days 85.1 days
Gross Rental Yield Percent 3.44% 4.36%
demographics (median values)
Total Population
11398
Weekly Household Income
756.2
Household Size
2.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Sydney

Property market update: Sydney, March 2020

The whole world halted in March with the emergence of an unprecedented health crisis. How will the Sydney property market fare moving forwar...

rural markets

How are rural markets performing?

New research has highlighted how the nation’s rural markets are performing amid the coronavirus pandemic. ...

Auction withdrawal rates continue to climb

Auction withdrawal rates continue to climb

The market fallout of the banning of on-site auctions has continued, with 45 per cent of auctions withdrawn from sale last week, according t...

rent review

How can my tenant request a rent review?

Wondering how your tenant might request a change to their rental agreement? Or what kind of information such correspondence should contain? ...

RBA reveals April cash rate call

RBA reveals April cash rate call

The Reserve Bank of Australia (RBA) has announced its decision on the official cash rate for April following a rare out of cycle cash rate r...

Government approves of rent relief mandatory code

Government approves of rent relief mandatory code

Prime Minister Scott Morrison has revealed that the national cabinet has reached agreement on a mandatory code for the provision of rent rel...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.