Giving property investors a an unimpressive capital gain of -3.09% for the last year, Penrith, 2750 is the 3330th highest performer in Australia in this respect.
A 76.81% growth in median value for property investors in Penrith,2750 puts this suburb at number 962th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Penrith are currently offering property investors an average price cut of -8.17% below the asking price at the moment.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Penrith, 2750 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.76%.
If we look at median property appreciation over just the last three months, Penrith has given property investors a paper return of 2.85%. This puts Suburb as 112 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Penrith 2750 should be seeing an average reduction in asking price of around -5.14% . This means that Penrith is holding prices well when compared to other suburbs in NSW.
Penrith is 341th on a list of best yielding suburbs for rents in NSW with a 3.87% return