With a capital gain of 13.25% for the last 12 months, Penrith, 2750 has performed for property investments than its average annual 8.41% property growth over the last 5 years.
Over the longer term, Penrith has seen property prices show investors a 2.80% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Penrith should be aiming for at least -4.23% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 5.77% which means that Penrith, 2750 has done well for property investors by showing a capital gain of 0.42% over the last year
Over the longer term, Penrith has seen property prices show investors a -7.31% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Penrith, 2750. Typically our figures indicate that -3.47% is being offered, which puts this NSW suburb at 701th most discounted overall in Australia.
On average over the past year, suburb has had 41.17 sales per month, which equates to 494 per year.
Penrith is 184th on a list of best yielding suburbs for rents in NSW with a 4.21% return