Suburb Profile Report for Penrith NSW (2750)

Penrith House: Median price $687,500, Annual capital growth 8.94%, Number of sales 185, Weekly median advertised rent $410

Penrith Unit: Median price $463,250, Annual capital growth 7.66%, Number of sales 252, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$687,500 $463,250
3.38% 4.10%
4.56% 12.99%
8.94% 7.66%
$410 $350
185 252
3.10% 3.93%
49.41 35.28

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 11813
Median household income ($/weekly) 949
Median age of persons 37
Median housing loan repayment ($/monthly) 1700
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1226 10.4
    25-34 years 1969 16.7
    35-44 years 1582 13.4
    45-54 years 1416 12.0
    55-64 years 1223 10.4
    Others 4397 37.2
    Age Group
    Census Count Percent(%)
    Not Married 4608 53.4
    Registered Married 3129 36.3
    Defacto Relationship 893 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 8341 76.1
    Indonesia 157 1.4
    Papua New Guinea 234 2.1
    United Kingdom 659 6.0
    Other 522 4.8
    Others 1042 9.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 186 1.7
    Christianity 8051 75.4
    Hinduism 157 1.5
    Islam 223 2.1
    No Religion 1961 18.4
    Others 94 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 542 12.0
    $400-$599 515 11.4
    $600-$799 500 11.1
    $1,000-$1,249 444 9.8
    $1,500-$1,999 550 12.2
    Others 1962 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3521 39.1
    Not in the labour force 3449 38.3
    Employed, worked part-time 1273 14.1
    Unemployed, looking for work 422 4.7
    Employed, away from work 343 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 887 17.3
    Technicians & trades workers 682 13.3
    Community & personal service workers 545 10.6
    Clerical & administrative workers 914 17.8
    Machinery operators & drivers 548 10.7
    Others 1562 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 192 8.4
    Infants/Primary 747 32.6
    Secondary 564 24.6
    Technical or Further Educational Institution 360 15.7
    University or other Tertiary Institutions 334 14.6
    Others 96 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6159 57.5
    Semi-detached, row or terrace house, townhouse 2492 23.3
    Flat, unit or apartment 2038 19.0
    House or flat attached to a shop, office 17 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2437 51.1
    Being purchased 1198 25.1
    Fully owned 1065 22.3
    Other tenure type 72 1.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals