Powered by MOMENTUM MEDIA
AREA REPORTS

South Penrith

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 8.16% 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.

This number can mean, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.

On average, rents on listings have reached the $410 mark, reflecting a 3.13% increase in returns based on the current median price in SOUTH PENRITH.

SOUTH PENRITH, 2750 ranks 452nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 711th on the list of best yielding suburbs for rental properties in NSW, posting a 3.13% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $681,386 $657,500
GROWTH REPORT
Median Quarterly 0.85% 1.94%
Median 12 month 8.16% 17.41%
Median 3 years -0.53% 27.67%
Median 5 years 23.44% 50.29%
10 years average annual 7.08% 8.1%
Weekly media advert. rent $410 $380
Time on Market 36.0 days 0.0 days
Gross Rental Yield Percent 3.13% 3.01%
demographics (median values)
Total Population
11559
Weekly Household Income
1146
Household Size
2.80
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

How this investor is paving the way

How this investor is paving the way

An avid investor has his eyes on the prize, embarking on a goal to turn his efforts into supporting a big cause. ...

Newcastle property market

‘Out-of-towners’ flock to Newcastle property market

Cveta Kolarovski has shared how the Newcastle and Port Stephens markets have seen unprecedented demand amid the COVID-19 outbreak. ...

Commercial property lands its own listing platform

Commercial property lands its own listing platform

An elevated commercial property search experience is coming to users, with the launch of a new online portal that hopes to better connect in...

The most complex part of property investing

The most complex part of property investing

While understanding what’s driving markets is integral in maintaining a successful property portfolio, it is often the most complex part o...

auction

Capital cities to see busiest auction week since April

With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...

Looser lending restrictions: What do they really mean for borrowers?

Looser lending restrictions: What do they really mean for borrowers?

A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...

Website Notifications

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