Penrith vs Teralba
Property investment comparison - Penrith, NSW 2750 vs Teralba, NSW 2284
Head-to-head across core investment metrics: Penrith wins 1, Teralba wins 2. 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 | Penrith | Teralba |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $620K | - |
| Gross rental yield (houses) | 2.95% | - |
| Gross rental yield (units) | 4.80% | 4.94% |
| 1-year house growth | +10.6%estimate | +19.9% |
| 3-year house growth | - | +32.8% |
| Vacancy rate | 1.2% | 2.0% |
| Population | 17,966 | 2,654 |
Penrith vs Teralba: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.1M in Penrith and $1.1M in Teralba.
Over the past year house prices moved +10.6% in Penrith (an estimate) and +19.9% in Teralba, so recent momentum favours Teralba, although both suburbs recorded growth.
Rental vacancy is 1.2% in Penrith and 2.0% in Teralba, 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 2,654, roughly 7 times the size of Teralba; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Teralba 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.
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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