Suburb Profile Report for Penrith NSW (2750)

Penrith House: Median price $707,500, Annual capital growth 9.01%, Number of sales 142, Weekly median advertised rent $420

Penrith Unit: Median price $455,000, Annual capital growth 7.24%, Number of sales 239, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Penrith, 2750 have given investors a capital gain of 7.60%. This compares badly with the 11.67% for NSW as a whole.

Over the longer term, Penrith has seen property prices show investors a 55.49% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -4.90% to buyers in Penrith at the moment, which is less than average for the rest of NSW.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Penrith has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.17% to date .

Over the longer term, Penrith has seen property prices show investors a 29.08% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -4.28% to buyers in Penrith at the moment, which is less than average for the rest of NSW.

At number 140 in a list of fastest selling suburbs, Penrith is in the TOP 40% of suburbs in Australia with an average of days on market 36.07 for properties listed there.

Advertised rents are around the $360 mark per week – giving a return of 4.11% based on the median price in Suburb

Metrics i HOUSE UNIT
$707,500 $455,000
-2.75% -2.93%
7.60% 3.17%
9.01% 7.24%
$420 $360
142 239
3.09% 4.11%
49.65 36.07

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 11813
Median household income ($/weekly) 949
Median age of persons 37
Median housing loan repayment ($/monthly) 1700
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1226 10.4
    25-34 years 1969 16.7
    35-44 years 1582 13.4
    45-54 years 1416 12.0
    55-64 years 1223 10.4
    Others 4397 37.2
    Age Group
    Census Count Percent(%)
    Not Married 4608 53.4
    Registered Married 3129 36.3
    Defacto Relationship 893 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 8341 76.1
    Indonesia 157 1.4
    Papua New Guinea 234 2.1
    United Kingdom 659 6.0
    Other 522 4.8
    Others 1042 9.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 186 1.7
    Christianity 8051 75.4
    Hinduism 157 1.5
    Islam 223 2.1
    No Religion 1961 18.4
    Others 94 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 542 12.0
    $400-$599 515 11.4
    $600-$799 500 11.1
    $1,000-$1,249 444 9.8
    $1,500-$1,999 550 12.2
    Others 1962 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3521 39.1
    Not in the labour force 3449 38.3
    Employed, worked part-time 1273 14.1
    Unemployed, looking for work 422 4.7
    Employed, away from work 343 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 887 17.3
    Technicians & trades workers 682 13.3
    Community & personal service workers 545 10.6
    Clerical & administrative workers 914 17.8
    Machinery operators & drivers 548 10.7
    Others 1562 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 192 8.4
    Infants/Primary 747 32.6
    Secondary 564 24.6
    Technical or Further Educational Institution 360 15.7
    University or other Tertiary Institutions 334 14.6
    Others 96 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6159 57.5
    Semi-detached, row or terrace house, townhouse 2492 23.3
    Flat, unit or apartment 2038 19.0
    House or flat attached to a shop, office 17 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2437 51.1
    Being purchased 1198 25.1
    Fully owned 1065 22.3
    Other tenure type 72 1.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals