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