Suburb Profile Report for Pennant Hills NSW (2120)

Pennant Hills House: Median price $1,252,000, Annual capital growth 6.64%, Number of sales 59, Weekly median advertised rent $700

Pennant Hills Unit: Median price $816,500, Annual capital growth 9.36%, Number of sales 20, Weekly median advertised rent $500

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Pennant Hills, 2120 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -13.21%.

A 31.65% growth in median value for property investors in Pennant Hills,2120 puts this suburb at number 1141th in terms of best performing suburbs in NSW

Pennant Hills, 2120 is offering NSW ‘s 626th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

At number 1473 in a list of fastest selling suburbs, Pennant Hills is just in the top half of suburbs in Australia with an average of days on market 70.1463 for properties listed there.

The NSW suburb of Pennant Hills, 2120 is in the Hornsby (A) local government area.

Over the last year, property investments in Pennant Hills, 2120 have given investors a capital gain of 19.63%. This compares very favourably with the -3.83% for NSW as a whole.

The five-year average increase in median property values for Pennant Hills,2120 has given property investors a potential capital gain of 69.22% across each of those five years.

Often selling an investment property can take time, and in Pennant Hills the average time real estate has been on the market is 81.75 days.

Advertised rents are around the $500 mark per week – giving a return of 3.18% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,252,000 $816,500
-6.39% -7.74%
-13.21% 19.63%
6.64% 9.36%
$700 $500
59 20
2.91% 3.18%
70.1463414634146 81.75

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7030
Median household income ($/weekly) 1842
Median age of persons 40
Median housing loan repayment ($/monthly) 2400
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 859 12.2
    25-34 years 766 10.9
    35-44 years 948 13.5
    45-54 years 1087 15.5
    55-64 years 860 12.2
    Others 2511 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 3097 57.7
    Not Married 2054 38.2
    Defacto Relationship 219 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4426 64.8
    Croatia 287 4.2
    Indonesia 253 3.7
    United Kingdom 319 4.7
    Other 358 5.2
    Others 1189 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 237 3.6
    Christianity 4476 67.5
    Hinduism 264 4.0
    Islam 87 1.3
    No Religion 1493 22.5
    Others 77 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 281 12.9
    $2,000-$2,499 183 8.4
    $2,500-$2,999 309 14.2
    $3,000-$3,499 204 9.3
    $4,000 or more 194 8.9
    Others 1012 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2202 39.3
    Not in the labour force 1909 34.1
    Employed, worked part-time 1140 20.3
    Unemployed, looking for work 204 3.6
    Employed, away from work 150 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 563 16.1
    Professionals 1286 36.8
    Technicians & trades workers 303 8.7
    Community & personal service workers 265 7.6
    Clerical & administrative workers 549 15.7
    Others 530 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 138 6.9
    Infants/Primary 556 27.7
    Secondary 592 29.5
    Technical or Further Educational Institution 150 7.5
    University or other Tertiary Institutions 527 26.3
    Others 41 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5599 83.9
    Flat, unit or apartment 536 8.0
    Semi-detached, row or terrace house, townhouse 518 7.8
    House or flat attached to a shop, office 24 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 975 40.9
    Being purchased 919 38.6
    Rented 466 19.6
    Other tenure type 22 0.9
    Tenure Type
Census 2011, ABS
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