Penrith, NSW
FAIR VALUE23,870 sales · 36 years of data · NSW, Australia
Penrith, NSW Property Market Overview
Penrith, NSW, postcode 2750, is a significant suburb located in Western Sydney, offering a mix of residential and commercial opportunities. With a substantial dataset spanning 36 years and encompassing 23,870 recorded sales, Penrith provides a rich history for property market analysis. The current median property price across all types sits at $640,000, with houses commanding a median of $1,100,000 and apartments at $590,000.
Penrith's property market is notable for its consistent growth and diverse housing options, ranging from established homes to modern apartment complexes. The suburb's accessibility to Sydney CBD and its own growing commercial hub make it an attractive location for a wide range of residents. Analysis of Penrith reveals long-term trends and cycles that are crucial for understanding its current market position.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Penrith
Top streets in Penrith, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Stafford St | $1,060,000 |
| 2 | Fernandez Lane | $1,050,000 |
| 3 | Castlereagh St | $1,800,000 |
| 4 | Lethbridge St | $1,430,000 |
... and 696 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Colless St | $5,437/m² |
| 2 | Lord Sheffield Cct | $6,586/m² |
| 3 | Fernandez Lane | $5,665/m² |
| 4 | Lethbridge St | $5,657/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | William Hart Cres | +18.0% |
| 2 | Panorama Rd | +7.2% |
| 3 | Peachtree Rd | +9.7% |
| 4 | Illawong Ave | +6.8% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 10 A John Tipping Gr | $845,000 |
| 2 | 1 De Vilnits Pde | $817,500 |
| 3 | 9 Peachtree Rd | $675,000 |
| 4 | 91 Lord Sheffield Cct | $700,000 |
... and 231 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Penrith analysis
700 streets and 235 buildings to explore
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Penrith at a Glance
Penrith, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Penrith, NSW
Living in Penrith offers a blend of suburban comfort and urban convenience. The area boasts several well-regarded schools, including Penrith High School and Cambridge Park High School, making it attractive for families. The Penrith train station provides direct access to Sydney CBD, while major shopping centres like Westfield Penrith cater to retail needs. Parks such as the Nepean River offer outdoor recreational spaces, enhancing the lifestyle appeal of Penrith.
The suburb's vibe is generally family-friendly, with a growing sense of community fostered by local events and amenities. Penrith has a rich history and continues to evolve as a regional hub, attracting a diverse population. The area's blend of amenities and accessibility makes Penrith a desirable place to live.
Who Buys in Penrith?
Penrith attracts a diverse range of buyers, including families, first-home buyers, and investors. The median house price of $1,100,000 appeals to families seeking larger homes, while the median apartment price of $590,000 makes Penrith accessible for first-home buyers and downsizers. The strata percentage of 41.4% indicates a significant apartment market, attracting those seeking lower-maintenance living. Penrith's historical growth, demonstrated by a 10-year CAGR of 2.2%, also appeals to investors looking for stable, long-term returns.
Market Analysis
Currently, Penrith's property market is assessed as being near its long-term trend, indicating fair value. This suggests that property prices in Penrith are aligned with historical growth patterns and economic indicators. The market is neither significantly overvalued nor undervalued based on long-term performance.
Understanding Penrith's cycle position is crucial for anyone analysing the local property market. A market at fair value typically indicates stability and a balance between supply and demand, reducing the risk of drastic price fluctuations. This stable footing provides a solid foundation for continued growth in Penrith.
Is Penrith a Good Investment?
Penrith's property market demonstrates consistent growth patterns, making it an area of interest for property analysts. The suburb's historical CAGR of 4.8% over the full period of available data suggests a steady appreciation in property values. Furthermore, the current cycle position of Penrith being near its long-term trend indicates a stable market, where values are reflective of underlying economic factors.
Factors driving property values in Penrith include its location in Western Sydney, accessibility to transport links, and the availability of amenities and services. The suburb's diverse housing options and ongoing development contribute to its appeal. The blend of residential and commercial opportunities further solidifies Penrith's position as a key suburb within the Sydney metropolitan area.
Penrith Market Outlook
As of early 2026, Penrith's property market is considered to be near its long-term trend, suggesting a balanced market. Recent price trends indicate continued stability, aligning with historical growth patterns. While specific deviations from the long-term trend are proprietary, the overall outlook for Penrith remains positive, with the suburb maintaining its position as a key residential and commercial hub in Western Sydney. Future developments and infrastructure projects are expected to further support property values in Penrith.
Streets & Location in Penrith, NSW
Penrith, postcode 2750, features a variety of streets and locations that contribute to its overall property value. Certain streets, such as RODLEY AVE, FERNANDEZ LANE, and DERBY ST, exhibit higher median property prices, reflecting their desirability and location advantages. The suburb's location in Western Sydney provides access to major transportation routes and is a growing employment hub. Penrith’s diverse streetscape offers a range of property types and price points for potential buyers and renters.
Market Dynamics
Transaction patterns in Penrith reveal key insights into the suburb's market activity. The average settlement timeframe for properties in Penrith is approximately 57 days, indicating a relatively standard period for completing property transactions. Data on quick-flip percentages is not currently available, but further analysis could reveal investor activity and short-term trading trends within the Penrith property market. Monitoring these dynamics helps to understand the flow of properties and the level of demand in Penrith.
Development & Density
Penrith features a diverse mix of housing types, influencing its overall development density. The suburb contains 235 apartment buildings, contributing to a higher density in certain areas. With 41.4% of properties being strata titled, apartments represent a significant portion of the available housing stock. These trends indicate a shift towards more compact living options alongside traditional detached houses in Penrith. Such a mix caters to a broader range of demographics and lifestyle preferences.
Growth & Property Mix
Penrith's historical Compound Annual Growth Rate (CAGR) provides insight into its long-term performance. Over the past 10 years, Penrith has experienced a CAGR of 2.2%. This figure increases to 4.2% when considering the past 20 years, and further to 4.8% across the entire 36-year dataset. This highlights the consistent, albeit moderate, growth Penrith has demonstrated over extended periods. The property mix in Penrith is diverse, with a significant portion consisting of apartments, approximately 41.4% being strata titled.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.