At number 1273th in the list of Australian suburbs ordered by increase in median house value over the last year, South Penrith, 2750 is in the top 40% with a property value increase of 12.20% recorded in median house prices.
Over the longer term, South Penrith has seen property prices show investors a 42.27% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that South Penrith is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 633th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
South Penrith is an average performer in NSW when comparing median price capital growth over the last year. South Penrith gave property investors a average capital gain figure when compared to the rest of the state, with 8.48%.
A 76.00% growth in median value for property investors in South Penrith,2750 puts this suburb at number 109th in terms of best performing suburbs in NSW
South Penrith, 2750’s gross rental yield is 3.83%