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Kearns vs Penrith

Property investment comparison - Kearns, NSW 2558 vs Penrith, NSW 2750

Head-to-head across core investment metrics: Kearns 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.

MetricKearnsPenrith
Median house price$1.1M$1.1M
Median unit price-$620K
Gross rental yield (houses)3.29%2.95%
Gross rental yield (units)3.56%4.80%
1-year house growth+7.0%+10.6%estimate
3-year house growth+30.9%-
Vacancy rate1.4%1.2%
Population2,69317,966

Kearns vs Penrith: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Kearns and $1.1M in Penrith.

On cash flow, Kearns leads: houses there return a gross rental yield of 3.29%, compared with 2.95% in Penrith, a gap of 0.34 percentage points.

Over the past year house prices moved +7.0% in Kearns and +10.6% in Penrith (an estimate), so recent momentum favours Penrith, although both suburbs recorded growth.

Rental vacancy is 1.2% in Penrith and 1.4% in Kearns, so landlords in Penrith face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Penrith is the bigger suburb, with a population of 17,966 against 2,693, roughly 7 times the size of Kearns; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kearns for rental income, Penrith for recent price momentum, Penrith for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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