Penrith Suburb Profile

New South Wales 2750

Penrith has 12,521 properties. Over the last 5 years, Houses in Penrith have seen a 54.26% increase in median value, while Units have seen a 29.29% increase. As at 31 May 2024:

• The median value for Houses in Penrith is $925,238 while the median value for Units is $550,229.
• Houses have a median rent of $550 while Units have a median rent of $520.

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.