Over the last year, property investments in South Penrith, 2750 have given investors a capital gain of 19.40%. This compares favourably with the 13.00% for NSW as a whole.
Across a shorter period, South Penrith, 2750 has seen a median price increase of 2.56% over the last quarter.
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 South Penrith, 2750. Typically our figures indicate that -4.19% is being offered, which puts this NSW suburb at 2978th most discounted overall in Australia.
Often selling an investment property can take time, and in South Penrith the average time real estate has been on the market is 26.52 days.
Situated 48.14km from the CBD, South Penrith is one of Penrith localities in the postcode 2750.
Property value increases in South Penrith have tracked just higher than the NSW average of 11.69% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Penrith has increased when compared to the 5 year average annual rate.