Giving property investors a an unimpressive capital gain of -3.50% for the last year, Penrith, 2750 is the 3223th highest performer in Australia in this respect.
The five-year average increase in median property values for Penrith,2750 has given property investors a potential capital gain of 81.58% across each of those five years.
Our latest figures would indicate that property sellers in Penrith are currently offering property investors an average price cut of -7.43% below the asking price at the moment.
The NSW suburb of Penrith, 2750 is in the Penrith (C) local government area.
Penrith has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.00% to date .
Across a shorter period, Penrith, 2750 has seen a median price increase of 0.00% over the last quarter.
The most recent median price for Penrith is $520000, with sellers offering an average of -5.02% off the asking price.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 8.90%, investors should hope to achieve an overall return of 3.90%