With a capital gain of 18.80% for the last 12 months, Pennant Hills, 2120 has performed for property investments than its average annual 10.14% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Pennant Hills has given property investors a paper return of 4.56%. This puts Suburb as 328 on a list of fastest fasting appreciating suburbs in NSW
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Pennant Hills itself are offering an average vendor discount of -5.43% to real estate investors.
Advertised rents are around the $750 mark per week – giving a return of 2.43% based on the median price in Suburb
Pennant Hills is in the bottom 10% in NSW when comparing median price capital growth over the last year. Pennant Hills gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.84%.
Pennant Hills,2120 has offered an average of -12.84% return per annum in house price rises to property investors over the last three years.
The most recent median price for Pennant Hills is $645000, with sellers offering an average of -6.69% off the asking price.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.