Property value increases in Penrith have tracked just lower than the NSW average of 6.38% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Penrith comes in at number 40th in NSW.
Vendor discounting in Penrith is giving property investors an average Vendor Discount of around -6.36%. This puts suburb at number 343th in NSW when ranking the most discounted suburbs.
At number 381 in a list of fastest selling suburbs, Penrith is in the TOP 20% of suburbs in Australia with an average of days on market 46.7 for properties listed there.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Penrith, 2750 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.59%.
Across a shorter period, Penrith, 2750 has seen a median price increase of 0.73% over the last quarter.
Penrith, 2750 is offering NSW ‘s 234th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.