Suburb Profile Report for Penrith NSW (2750)

Penrith House: Median price $690,000, Annual capital growth 8.47%, Number of sales 158, Weekly median advertised rent $430

Penrith Unit: Median price $523,500, Annual capital growth 9.00%, Number of sales 254, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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  • Unit Report

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

Metrics i HOUSE UNIT
$690,000 $523,500
-1.15% 2.85%
-3.09% 5.76%
8.47% 9.00%
$430 $390
158 254
3.24% 3.87%
53.9 93.48

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Above average (H), Above average (U)
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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
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