At number 1514th in the list of Australian suburbs ordered by increase in median house value over the last year, Penrith, 2750 is in the top 40% with a property value increase of 9.23% recorded in median house prices.
A 102.86% growth in median value for property investors in Penrith,2750 puts this suburb at number 698th in terms of best performing suburbs in NSW
Property buyers and investors in Penrith 2750 should be seeing an average reduction in asking price of around -5.76% . This means that Penrith is holding prices well when compared to other suburbs in NSW.
Penrith, 2750 ranked 129th 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
Comparing Penrith,2750 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Penrith should be aiming for at least -4.31% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 20.92 sales per month, which equates to 251 per year.