Penrith has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.95% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Penrith comes in at number 362th in NSW.
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 -5.97% is being offered, which puts this NSW suburb at 1594th most discounted overall in Australia.
Residents and property investors in Penrith have been waiting around 54.6 days to sell a property.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Property value increases in Penrith have tracked lower than the NSW average of 4.56% over the last 12 months.
While Penrith,2750 ranked number 174th in NSW for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.
Penrith, 2750 is offering NSW ‘s 225th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Penrith, 2750’s gross rental yield is 4.12%