NSW has seen average median house prices change by -4.28% which means that Penrith, 2750 has not done well for property investors by showing a capital gain of -9.29% over the last year
Across a shorter period, Penrith, 2750 has seen a median price increase of -3.79% over the last quarter.
The most recent median price for Penrith is $635000, with sellers offering an average of -9.28% off the asking price.
Penrith is 766th on a list of best yielding suburbs for rents in NSW with a 3.44% return
Over the last year, property investments in Penrith, 2750 have given investors a capital gain of -10.67%. This compares badly with the -3.83% for NSW as a whole.
The five-year average increase in median property values for Penrith,2750 has given property investors a potential capital gain of 47.02% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Penrith is offering property investors an average of -6.91. This rate of discount on properties puts Suburb at number 111th in terms of most discounted suburbs in NSW
Property investors should expect to get $400 weekly from the median priced house in this suburb.