At number 2861th in the list of Australian suburbs ordered by increase in median house value over the last year, Pennington, 5013 is in the BOTTOM 40% with a property value increase of 0.27% recorded in median house prices.
A 3.44% growth in median value for property investors in Pennington,5013 puts this suburb at number 47th in terms of best performing suburbs in SA
Pennington5013 is located in SA which offers an average discount of -6.51% to property investors. Pennington itself is showing figures that indicate -4.28% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.59%, investors should hope to achieve an overall return of 4.84%