If you compare the increase in value of investment property in Pennant Hills, 2120 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.71%.
If we look at median property appreciation over just the last three months, Pennant Hills has given property investors a paper return of 7.89%. This puts Suburb as 126 on a list of fastest fasting appreciating suburbs in NSW
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 -4.89% is being offered, which puts this NSW suburb at 2628th most discounted overall in Australia.
Situated 18.39km from the CBD, Pennant Hills is one of Hornsby localities in the postcode 2120.
Property value increases in Pennant Hills have tracked just higher than the NSW average of 5.59% over the last 12 months.
Comparing Pennant Hills,2120 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Pennant Hills are currently offering property investors an average price cut of -5.62% below the asking price at the moment.