Cranebrook vs Penrith
Property investment comparison - Cranebrook, NSW 2749 vs Penrith, NSW 2750
Head-to-head across core investment metrics: Cranebrook wins 1, Penrith wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Cranebrook | Penrith |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $880K | $620K |
| Gross rental yield (houses) | - | 2.95% |
| Gross rental yield (units) | 3.43% | 4.80% |
| 1-year house growth | +8.9%estimate | +10.6%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 1.2% |
| Population | 15,779 | 17,966 |
Cranebrook vs Penrith: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.1M in Cranebrook and $1.1M in Penrith.
For units, Cranebrook sits at a median of $880K against $620K in Penrith, which makes Penrith the more affordable unit market and Cranebrook the pricier one.
Over the past year house prices moved +8.9% in Cranebrook (an estimate) and +10.6% in Penrith (an estimate), so recent momentum favours Penrith, although both suburbs recorded growth.
Rental vacancy is the same in both, at 1.1%.
Penrith is the bigger suburb, with a population of 17,966 against 15,779, larger than Cranebrook; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Penrith for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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