Penrith, NSW 2750: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Penrith, the median property price for a house is currently $925,000 with annual capital growth of 3.64% . There were 127 house sales in the past 12 months. On average, houses spend 23 days on market.

If you're thinking about buying an investment property in Penrith, consider that rental yields for houses are currently 3.35% with an average median rent of $550 weekly. Houses have seen -0.64% growth in the past quarter, and 3.64% growth in the past 12 months.

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years.

Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

In Penrith, the median property price for a unit is currently $562,250 with annual capital growth of 6.09% . There were 464 unit sales in the past 12 months. On average, units spend 33 days on market.

If you're thinking about buying an investment property in Penrith, consider that rental yields for units are currently 4.83% with an average median rent of $550 weekly. Units have seen 2.23% growth in the past quarter, and 6.09% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$925,000	$562,250
Quarterly growth	-0.64%	+2.23%
12-month growth	+3.64%	+6.09%
Average annual growth	+8.16%	+3.87%
Weekly median rent	$550	$550
Gross rental yield	3.35%	4.83%
Number of Sales (12m)	127	464
Avg. Days on Market (12m)	23	33

Jump to Market Trends

Key Demographics	2011	2016
Total population	11,813	13,264
Population change (5y)	+3.65%	+12.30%
Median household income (p/w)	$953	$1,149
Household income change (5y)	+23.29%	+20.57%
Median age of persons	37	37

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Penrith is $925,000 for houses and $562,250 for units.

The Median Growth in Penrith over the past 12 months is 3.64% for houses and 6.09% for units.

Over the past 12 months there were 127 houses sold and 464 units sold in Penrith. On average, houses spent 23 days on market and units spent 33 days on market.

In the past 12 months up to September 2024 there were 127 houses sold and 464 units sold in Penrith. On average, houses spent 23 days on market and units spent 33 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Penrith is $550 for houses and $550 for units.

The Rental Yield in Penrith is 3.35% for houses and 4.83% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Penrith was 13,264 in 2016, a +12.30% change compared to 2011.

The predominant age group in Penrith is 20-29 years.

The population of Penrith was 13,264 in 2016, a +12.30% change compared to 2011.

The predominant age group in Penrith is 20-29 years.

Most of the population in Penrith were born in Australia.

Most of the population in Penrith report their religion as No Religion.

Most of the population in Penrith report their religion as Catholic.

Most of the population in Penrith report their income range as between $78,000 and $130,000 .

The median household income in Penrith was $1,149 in 2016, a +20.57% change compared to 2011.

Most of the population in Penrith report their income range as between $15,000 and $31,000 .

The median household income in Penrith was $953 in 2011, a +23.29% change compared to 2006.

Most of the population in Penrith work as Professional.

Most of the population in Penrith work as Clerical.

The chart below demonstrates the various levels of education in Penrith.

Most of the population in Penrith reached a qualification level of Certificate.

2011 2016

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While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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