378 Richard Street

Penrice SA 5353

The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2011 was 338 people. By 2016 the population was 455 showing a population growth of 34.6% in the area during that time. The predominant age group in Penrice is 50-59 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a labourer occupation. In 2011, 83.2% of the homes in Penrice were owner-occupied compared with 84.3% in 2016.

Penrice has 279 properties. Over the last 5 years, Houses in Penrice have seen a 103.51% increase in median value, while Units have seen a 161.27% increase. As at 30 September 2024:

• The median value for Houses in Penrice is $769,595 while the median value for Units is $393,244.
• Houses have a median rent of $340.