With a capital gain of 12.99% for the last 12 months, Pennant Hills, 2120 has performed for property investments than its average annual 9.74% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Pennant Hills has given property investors a paper return of 2.74%. This puts Suburb as 663 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Pennant Hills 2120 should be seeing an average reduction in asking price of around -4.70% . This means that Pennant Hills is holding prices well when compared to other suburbs in NSW.
The NSW suburb of Pennant Hills, 2120 is in the Hornsby local government area.
Pennant Hills has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.97% to date .
The five-year average increase in median property values for Pennant Hills,2120 has given property investors a potential capital gain of 73.46% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pennant Hills, 2120. Typically our figures indicate that -5.83% is being offered, which puts this NSW suburb at 505th most discounted overall in Australia.
In the last year 35 properties changed hands in Pennant Hills, which puts it as the 344th most active market in NSW when comparing the number of sales per suburb.