Suburb Profile Report for West Pennant Hills NSW (2125)

West Pennant Hills House: Median price $1,600,000, Annual capital growth 8.42%, Number of sales 200, Weekly median advertised rent $755

West Pennant Hills Unit: Median price $955,000, Annual capital growth 7.90%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.05% which means that West Pennant Hills, 2125 has done well for property investors by showing a capital gain of 3.23% over the last year

Taking the average capital gain, or increase in median house value, West Pennant Hills,2125 has racked up an average of 3.23% over the period. This ranks it number 362th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -6.09% to buyers in West Pennant Hills at the moment, which is less than average for the rest of NSW.

At number 1069 in a list of fastest selling suburbs, West Pennant Hills is in the TOP 30% of suburbs in Australia with an average of days on market 61.37 for properties listed there.

With the median price for a house in West Pennant Hills being $1600000 and the advertised rent reaching $755 the gross rental yield for property investors calculates out to be 2.45%

If you compare the increase in value of investment property in West Pennant Hills, 2125 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 10.40%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Pennant Hills has increased when compared to the 5 year average annual rate.

Metrics i HOUSE UNIT
$1,600,000 $955,000
1.27% 9.90%
3.23% 10.40%
8.42% 7.90%
$755 N/A
200 13
2.45% N/A
61.37 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 15967
Median household income ($/weekly) 2449
Median age of persons 41
Median housing loan repayment ($/monthly) 2600
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 2103 13.2
    25-34 years 1380 8.6
    35-44 years 1926 12.1
    45-54 years 2666 16.7
    55-64 years 2557 16.0
    Others 5335 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 7702 62.0
    Not Married 4373 35.2
    Defacto Relationship 354 2.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 9853 62.8
    Croatia 603 3.8
    India 630 4.0
    United Kingdom 748 4.8
    Other 792 5.0
    Others 3065 19.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 669 4.4
    Christianity 10572 69.3
    Hinduism 677 4.4
    Islam 332 2.2
    No Religion 2819 18.5
    Others 176 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 463 10.4
    $2,000-$2,499 387 8.7
    $2,500-$2,999 692 15.5
    $3,000-$3,499 508 11.4
    $4,000 or more 681 15.2
    Others 1739 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5316 41.4
    Not in the labour force 4030 31.4
    Employed, worked part-time 2694 21.0
    Employed, away from work 411 3.2
    Unemployed, looking for work 377 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 1608 19.1
    Professionals 2792 33.2
    Technicians & trades workers 688 8.2
    Clerical & administrative workers 1402 16.7
    Sales 813 9.7
    Others 1117 13.3
    Occupation
    Census Count Percent(%)
    Pre-school 305 6.6
    Infants/Primary 1371 29.6
    Secondary 1376 29.7
    Technical or Further Educational Institution 261 5.6
    University or other Tertiary Institutions 1236 26.7
    Others 88 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14440 93.8
    Semi-detached, row or terrace house, townhouse 855 5.6
    Flat, unit or apartment 102 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2207 44.5
    Being purchased 2119 42.7
    Rented 580 11.7
    Other tenure type 57 1.1
    Tenure Type
Census 2011, ABS
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