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South Penrith
AREA REPORTS

South Penrith

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

house
unit

Property investors enjoyed capital gains of 8.97% over the last 12 months in SOUTH PENRITH, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 9.19% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 3.15% increase in returns based on the current median price in SOUTH PENRITH.

SOUTH PENRITH, 2750 ranks 1069th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 603rd on the list of best yielding suburbs for rental properties in NSW, posting a 3.15% return.

Data report can be found below

South Penrith
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $742,500 $587,500
GROWTH REPORT
Median Quarterly 3.56% 0%
Median 12 month 8.97% -10.65%
Median 3 years 9.19% 0.43%
Median 5 years 23.65% 22.4%
10 years average annual 7.52% 7.45%
Weekly media advert. rent $450 $390
Time on Market 23.1 days 0.0 days
Gross Rental Yield Percent 3.15% 3.45%
demographics (median values)*
Total Population
44806
Weekly Household Income
1446
Household Size
2.60
Age
37
Monthly Loan Repayment
1993
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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