Penrith, 2750 ranked 948th in NSW when comparing growth in median property values or capital gain over the last 12 months. Penrith is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Penrith,2750 has racked up an average of 4.56% over the period. This ranks it number 80th in the whole country for real estate investors looking at median house price increases.
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 Penrith, 2750. Typically our figures indicate that -5.67% is being offered, which puts this NSW suburb at 2028th most discounted overall in Australia.
Residents and property investors in Penrith have been waiting around 49.41 days to sell a property.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.10%, without taking into account capital value appreciation, which has been averaging out at 8.94%.
With a capital gain of 12.99% for the last 12 months, Penrith, 2750 has performed for property investments than its average annual 7.66% property growth over the last 5 years.
Comparing Penrith,2750 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Penrith2750 is located in NSW which offers an average discount of -4.33% to property investors. Penrith itself is showing figures that indicate -3.86% is the average achievable by property buyers investing in the suburb.