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Investment Property Penrith, NSW, 2750

Suburb Snapshot

Penrith is a suburb in the Penrith Region of New South Wales. Penrith has a population of 13,292 people and 46.28% of its occupants live in rental accommodation. The median listing price for houses is $879,000 and this has changed 3.41% over the past year and changed 16.50% over 2 years.

The median rent in Penrith for houses is $580 per week and the median rental yield is 3.43%. Stock on the market for houses/townhouses has changed -19.23% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is $530,000 and this has changed 1.92% over the past year. The average unit takes 98 days to sell and the median rent for a unit in Penrith is $550 per week, producing a rental yield of 5.39%.

Supply & Demand in Penrith, Penrith

1.68%

Current vacancy rate


166

Rental stock available


13,292

Population


46.28%

Rental population


1.19%

Current vacancy rate


1,035

Rental stock available


196,068

Population


27.33%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Penrith, Penrith

  House Townhouses Units
Median listing price $879,000 $699,000 $530,000
Median price change - last quarter 0.45% 0.73% 0.00%
Median price change - 1 year 3.41% 8.45% 1.92%
Median price change - 2 years 16.50% 16.69% 1.92%
  House Townhouses Units
Median weekly rent $580 $575 $550
Median yield % 3.43% 4.27% 5.39%
Median rent change - 1 year 9.43% 15.00% 7.84%
  House Units
Previous month sales 11 18
Stock on market previous month 42 89
Stock variance vs. last year -19.23% -19.09%
Average days on market 69 98

Penrith investment property listings

Showing 2 of 2 investment properties found in Penrith on realestateinvestar.com.au

5/26-30 Barber Ave, PENRITH

$749,000

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Townhouse

NSW 2750


1/90-92 Cox Ave, Penrith

$529,950

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ONLY 4 YEARS OLD! CLOSE TO SCHOOLS, HOSPITAL & TRAIN STATION!

Built In 2014 Is This Modern 3 Bedroom Townhouse With Walk-In-Robe & En-Suite To Main Bedroom, Built-Ins X 2, Tiled Open Plan Living Areas, Quality Kitchen Boasting Caesarstone Bench Tops With Stainless Steel Dishwasher, Oven (Gas Cooktop) & Rangehood, Low Maintenance Backyard With A Under Covered ...

Get more info on this property
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House

NSW 2750


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