South Penrith, NSW

FAIR VALUE

5,304 sales · 36 years of data · NSW, Australia

$1,052,000
Median (All)
$1,063,000
Median (Houses)
$825,000
Median (Apartments)
6.0%
10yr CAGR
6.4%
36yr CAGR
9.6%
Strata %
36 years of data · 5,304 sales analysed · 2,500+ suburbs · Updated weekly

South Penrith, NSW Property Market Overview

South Penrith, NSW, 2750, is a well-established residential suburb located in Sydney's outer western region. Our analysis of South Penrith's property market spans 36 years, encompassing a substantial 5,304 recorded sales. The current median property price in South Penrith stands at $1,052,000, reflecting a mix of houses and apartments.

South Penrith is notable for its blend of established housing and increasing apartment developments, offering diverse property options. The suburb has demonstrated consistent long-term growth, making it a subject of interest for both homeowners and property market observers. With a diverse range of amenities and proximity to key infrastructure, South Penrith presents a balanced lifestyle within the broader Sydney metropolitan area.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $895,424
Based on the 10-year compound annual growth rate of 6.0%
Predominantly houses10% apartments
90% of sales are houses and other non-strata properties
Loading chart...

Property Mix

90%
Houses 90%$1,063,000Apartments 10%$825,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for South Penrith

Street Rankings

Top streets in South Penrith, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Tukara RdHouse6$1,185,500
2Kilkenny RdHouse6$1,066,500
3Claremont PlHouse5$1,221,100
4Maxwell StHouse8$1,012,500

... and 177 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Racecourse RdHouse3$2,023/m²
2Joanna StHouse4$2,116/m²
3Tukara RdHouse6$1,927/m²
4Penrose CresHouse4$1,904/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Wardell DrHouse+7.7%
2Gladswood AveHouse+8.0%
3Joanna StHouse+7.3%
4Penrose CresHouse+7.5%

... 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 Analytics

Building-by-building comparison

32
apartment buildings analysed
#AddressSalesMedian$/m²
110 Chesterfield Rd4$1,042,500$4,654/m²
277 Batt St5$1,600,000$4,175/m²

... and 28 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
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

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
Risk Indicator

Settlement times & problem streets

46
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

10%
apartments across 32 buildings

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

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181 streets and 32 buildings to explore

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3 street rankings
All 181 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
32 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 5,304 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

South Penrith at a Glance

Region
Western Sydney
CBD Distance
55km west of Sydney CBD
Train Station
Penrith Station (T1 Western Line)
Council
Penrith City Council
Property Character
Established residential with increasing mid-density development
Community
Families and established homeowners

South Penrith, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in South Penrith, NSW

Living in South Penrith offers a blend of suburban tranquility and convenient access to amenities. Families are drawn to the area due to the presence of quality schools such as South Penrith Public School and nearby Penrith High School. For shopping, residents often frequent the nearby Westfield Penrith.

South Penrith also offers green spaces such as Cook Parade Reserve and Jamison Park for recreational activities. The suburb enjoys a relaxed atmosphere, with a strong sense of community fostered by local events and neighbourhood gatherings. While South Penrith itself doesn't have a train station, convenient bus services connect residents to Penrith Station, providing access to the wider Sydney area. The area provides a balance of suburban life with access to city amenities.


Who Buys in South Penrith?

South Penrith attracts a diverse range of buyers, including families, first home buyers, and investors. The presence of reputable schools makes it appealing to families with children. First home buyers are often drawn to South Penrith due to the relatively affordable property prices compared to inner Sydney suburbs. The strata percentage of 9.6% indicates a smaller proportion of apartment living, suggesting that houses are more prevalent, which appeals to families. The long-term CAGR of 6.0% to 6.4% also attracts investors seeking stable growth. The suburb's mix of housing options and location caters to a broad spectrum of buyers.

Market Analysis

The AusPropertyInsights.app analysis indicates that South Penrith's property market is currently near its long-term trend, suggesting fair value. This means that property prices in South Penrith are broadly aligned with their historical performance, considering factors such as interest rates, economic conditions, and local supply and demand.

A market at fair value doesn't necessarily indicate a lack of future growth, but rather implies that prices are not currently significantly over or underpriced relative to historical trends. This can provide a degree of stability for both buyers and sellers in the South Penrith market, making it a market with predictable and consistent price patterns based on historical data.


Is South Penrith a Good Investment?

South Penrith's consistent growth and established residential character make it a notable area within the Sydney property market. The suburb's long-term CAGR figures of 6.0% to 6.4% demonstrate a history of steady property value appreciation. The current market position near its long-term trend indicates a market that is neither significantly overvalued nor undervalued.

Factors contributing to South Penrith's property values include its location, access to amenities, and the presence of quality schools. While historical performance is not indicative of future results, the data suggests a stable and consistent market. The suburb's mix of housing options and proximity to key infrastructure continue to attract buyers, supporting its property values.


South Penrith Market Outlook

As of early 2026, the South Penrith property market is positioned near its long-term trend, indicating fair value. Recent price trends suggest a stable market, with property values generally aligned with historical performance. The suburb's established residential character and access to amenities continue to support its appeal. While market conditions can change, the current outlook for South Penrith suggests a continuation of its consistent and predictable market patterns.

Streets & Location in South Penrith, NSW

South Penrith, postcode 2750, features a variety of residential streets, with a total of 181 streets contributing to its character. Data indicates that TUKARA RD, JASON AVE, and BAXTER ST are among the streets with higher median property prices in South Penrith. The suburb's location provides access to various amenities and services, contributing to its appeal. Its position within the broader Penrith region makes it an attractive location for residents seeking a balance between suburban living and access to urban conveniences.

Market Dynamics

Transaction patterns in South Penrith show an average settlement timeframe of 46 days. This indicates a relatively efficient process for property sales in the area. Investor activity in South Penrith is difficult to assess without quick-flip data, which is currently unavailable. However, the suburb's long-term growth and established residential character suggest a consistent level of market activity. The average settlement days provide insight into the efficiency of property transactions in South Penrith.

Development & Density

South Penrith exhibits a mix of housing types, with a notable number of apartment buildings. There are 32 apartment buildings in South Penrith, representing a portion of the overall housing stock. The remaining properties are primarily detached houses, reflecting the suburb's established residential character. This mix of housing options caters to a range of residents, from families seeking larger homes to individuals and couples preferring apartment living. The development density in South Penrith is moderate, balancing suburban spaciousness with convenient access to amenities.

Growth & Property Mix

Historically, South Penrith has demonstrated steady property value appreciation. The 10-year compound annual growth rate (CAGR) for properties in South Penrith is 6.0%, while the 20-year CAGR is 6.2%. Over the full 36-year period of our data, the CAGR reaches 6.4%. These figures reflect the long-term growth trajectory of the South Penrith property market. The property mix in South Penrith is comprised of houses and apartments, with strata titled apartments accounting for approximately 9.6% of the total property stock.

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.

Frequently Asked Questions about South Penrith, NSW

What is the median property price in South Penrith?
The current median property price in South Penrith is $1,052,000. This figure reflects a combination of house and apartment sales in the suburb. The median house price is $1,063,000, while the median apartment price is $825,000.
Is South Penrith overvalued or undervalued?
According to our analysis, South Penrith's property market is currently near its long-term trend. This suggests that the market is neither significantly overvalued nor undervalued, but rather at fair value. The market is performing as expected based on historical analysis.
How has the South Penrith property market performed over 10 years?
Over the past 10 years, South Penrith's property market has demonstrated a compound annual growth rate (CAGR) of 6.0%. This figure reflects the average annual increase in property values over that period. It shows that property prices have steadily risen over the last decade.
What percentage of South Penrith is apartments vs houses?
Apartments represent approximately 9.6% of the total property stock in South Penrith, based on strata title data. This indicates that the majority of properties in South Penrith are detached houses rather than apartments. The suburb is mostly houses.
Where is South Penrith in the property cycle?
Our analysis places South Penrith's property market near its long-term trend. This indicates that the market is currently at fair value, with prices aligned with historical performance. This suggests a stable and predictable market condition.
What schools are near South Penrith?
South Penrith is located near several schools, including South Penrith Public School and nearby Penrith High School. These schools provide education options for families living in the area. There are also a number of other primary and secondary schools in the surrounding Penrith region.
What is South Penrith like to live in?
South Penrith offers a suburban lifestyle with access to amenities and green spaces. Residents enjoy a relaxed atmosphere, with a strong sense of community. The suburb is popular with families due to its schools and parks.
Is South Penrith good for families?
South Penrith is often considered a good area for families due to its schools, parks, and housing options. The suburb offers a mix of houses and apartments, with many families preferring the larger houses. It is a family-friendly suburb.
How far is South Penrith from Sydney CBD?
South Penrith is located approximately 55km west of the Sydney CBD. The suburb is accessible via the M4 motorway and public transport options, including bus services connecting to Penrith train station.
What transport options are in South Penrith?
South Penrith is primarily serviced by bus routes that connect to Penrith train station, providing access to the T1 Western Line. Major roads such as the M4 motorway also provide convenient access to other parts of Sydney. There are also local bus services within the suburb.
How does South Penrith compare to nearby suburbs?
Compared to some nearby suburbs, South Penrith offers relatively affordable property prices. While some neighbouring areas may have higher median prices, South Penrith provides a balance of value and access to amenities. It is comparable to other suburbs in the Penrith region.
Is South Penrith a good first home buyer suburb?
South Penrith may be an option for first home buyers, particularly those seeking houses. The median house price is $1,063,000, which is relatively affordable compared to suburbs closer to the Sydney CBD. The long-term growth rates suggest a stable market.
What are the best streets in South Penrith?
Based on median property prices, TUKARA RD, JASON AVE, and BAXTER ST are among the streets with higher values in South Penrith. These streets may offer larger properties or desirable locations within the suburb. These streets are attractive to buyers.
How many properties have been sold in South Penrith?
Over the 36-year period of our data, a total of 5,304 properties have been sold in South Penrith. This figure reflects the active and established nature of the suburb's property market. It showcases the trading volume.
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