With a capital gain of 10.10% for the last 12 months, Pennant Hills, 2120 has performed for property investments than its average annual 8.11% property growth over the last 5 years.
A 65.16% growth in median value for property investors in Pennant Hills,2120 puts this suburb at number 563th in terms of best performing suburbs in NSW
Property buyers and investors in Pennant Hills 2120 should be seeing an average reduction in asking price of around -6.43% . This means that Pennant Hills is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 6.92 sales per month, which equates to 83 per year.
A $660 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 8.11%.
NSW has seen average median house prices change by 8.14% which means that Pennant Hills, 2120 has done well for property investors by showing a capital gain of 16.97% over the last year
Pennant Hills,2120 was ranked 107 in Australia by increase in median property value over the quarter.
Pennant Hills2120 is located in NSW which offers an average discount of -4.45% to property investors. Pennant Hills itself is showing figures that indicate -3.54% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.