8 Torrens Crescent

Pennington SA 5013

The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2011 was 3,648 people. By 2016 the population was 3,639 showing a population decline of 0.2% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a trades occupation. In 2011, 57.5% of the homes in Pennington were owner-occupied compared with 57.5% in 2016.

Pennington has 1,556 properties. Over the last 5 years, Houses in Pennington have seen a 94.67% increase in median value, while Units have seen a 82.59% increase. As at 30 September 2024:

• The median value for Houses in Pennington is $788,911 while the median value for Units is $532,329.
• Houses have a median rent of $550 while Units have a median rent of $260.