Giving property investors a a stable capital gain of 12.58% for the last year, Pennant Hills, 2120 is the 921th highest performer in Australia in this respect.
Across a shorter period, Pennant Hills, 2120 has seen a median price increase of 2.77% over the last quarter.
Sellers are offering property buyers an average discount of -4.89% to buyers in Pennant Hills at the moment, which is less than average for the rest of NSW.
With the median price for a house in Pennant Hills being $1463500 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.66%
Pennant Hills has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 25.30% to date .
Over the longer term, Pennant Hills has seen property prices show investors a 70.68% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Pennant Hills is giving property investors an average Vendor Discount of around -4.74%. This puts suburb at number 160th in NSW when ranking the most discounted suburbs.
In the last year 37 properties changed hands in Pennant Hills, which puts it as the 328th most active market in NSW when comparing the number of sales per suburb.