Suburb Profile Report for Pennant Hills NSW (2120)

Pennant Hills House: Median price $1,520,000, Annual capital growth 9.61%, Number of sales 79, Weekly median advertised rent $750

Pennant Hills Unit: Median price $725,000, Annual capital growth 8.82%, Number of sales 35, Weekly median advertised rent $490

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 14.29% for the last 12 months, Pennant Hills, 2120 has performed for property investments than its average annual 9.61% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Pennant Hills comes in at number 147th in NSW.

Sellers are offering property buyers an average discount of -1.57% to buyers in Pennant Hills at the moment, which is less than average for the rest of NSW.

Residents and property investors in Pennant Hills have been waiting around 50.13 days to sell a property.

Pennant Hills, 2120’s gross rental yield is 2.57%

If you compare the increase in value of investment property in Pennant Hills, 2120 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.61%.

While Pennant Hills,2120 ranked number 110th in NSW for increase in median house value (annualised) increase, it is ranked 56th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Pennant Hills is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 63th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Pennant Hills the average time real estate has been on the market is 52.32 days.

Advertised rents are around the $490 mark per week – giving a return of 3.51% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,520,000 $725,000
3.40% 4.69%
14.29% 7.61%
9.61% 8.82%
$750 $490
79 35
2.57% 3.51%
50.13 52.32

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7030
Median household income ($/weekly) 1842
Median age of persons 40
Median housing loan repayment ($/monthly) 2400
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 859 12.2
    25-34 years 766 10.9
    35-44 years 948 13.5
    45-54 years 1087 15.5
    55-64 years 860 12.2
    Others 2511 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 3097 57.7
    Not Married 2054 38.2
    Defacto Relationship 219 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4426 64.8
    Croatia 287 4.2
    Indonesia 253 3.7
    United Kingdom 319 4.7
    Other 358 5.2
    Others 1189 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 237 3.6
    Christianity 4476 67.5
    Hinduism 264 4.0
    Islam 87 1.3
    No Religion 1493 22.5
    Others 77 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 281 12.9
    $2,000-$2,499 183 8.4
    $2,500-$2,999 309 14.2
    $3,000-$3,499 204 9.3
    $4,000 or more 194 8.9
    Others 1012 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2202 39.3
    Not in the labour force 1909 34.1
    Employed, worked part-time 1140 20.3
    Unemployed, looking for work 204 3.6
    Employed, away from work 150 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 563 16.1
    Professionals 1286 36.8
    Technicians & trades workers 303 8.7
    Community & personal service workers 265 7.6
    Clerical & administrative workers 549 15.7
    Others 530 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 138 6.9
    Infants/Primary 556 27.7
    Secondary 592 29.5
    Technical or Further Educational Institution 150 7.5
    University or other Tertiary Institutions 527 26.3
    Others 41 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5599 83.9
    Flat, unit or apartment 536 8.0
    Semi-detached, row or terrace house, townhouse 518 7.8
    House or flat attached to a shop, office 24 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 975 40.9
    Being purchased 919 38.6
    Rented 466 19.6
    Other tenure type 22 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals