AREA REPORTS

South Penrith

Suburb Profile

South 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 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 $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 3.44% increase in returns based on the current median price in SOUTH PENRITH.

SOUTH PENRITH, 2750 ranks 1008th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 586th 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 $680,000 $560,000
GROWTH REPORT
Median Quarterly -0.95% 1.82%
Median 12 month -0.73% 8.11%
Median 3 years 23.41% 28%
Median 5 years 74.36% 75.55%
10 years average annual 7.71% 7.9%
Weekly media advert. rent $450 $410
Time on Market 42.8 days 26.6 days
Gross Rental Yield Percent 3.44% 3.81%
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

Perth skyline at night

Property market update: Perth, November 2018

The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...

Man holding glowing key

Expert insight: Making money by picking properties

Property investors are increasingly turning their skill for spotting a bargain into a lucrative career as a buyer's agent. We spoke to a pan...

Election

What the latest federal budget update means for property investors

With the Morrison government declaring that the next budget will be a return to surplus, and an election right around the corner, a property...

Luggage

140,000 properties fall short on insurances

An insurance body has reminded investors that use short-term letting platforms are placing assets and financial stability at risk if they do...

Graph arrow low

Buying opportunities flourish as Summer markets continue soft run

No capital cities recorded a value rise over the last week, with only one avoiding a value fall, new data shows. ...

Sad face complaints

Financial complaints soar as new body opens doors

The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...