The latest research is out now!
The Penrith Property Factsheet covers the rental and residential sales market in Penrith and is a must read for an property owner or investor.
Includes data on sale and rental prices, days on market, vendor discounts and much more.
Key findings - residential sales
Annual growth is still strong across the Penrith LGA - 10.3% for units and 6.1% for houses - but the figures above suggests that conditions are more favourable for buyers than they have been recently. Vendors can still expect strong results but choosing a good agent is now very important!
Key findings - residential rentals
This suggests continuing high demand for properties and rental yields are sitting at 3.4% for houses and 3.9% for units.
if you want to know more about the market - or for specific information about your property - our real estate agents and property managers would be happy to help. Please feel free to give us a call on 02 4732 3711.