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Pennant Hills, NSW 2120
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,085,000
market range $2M-$2.1M
Median Unit
$730,000
market range $575K-$800K
Gross Yield
-
1yr Growth (houses)
-6.1%
market range -12.5% to +0.0%
Investment snapshot for Pennant Hills
Pennant Hills has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Pennant Hills market and investor summary
In Pennant Hills, NSW 2120, the median house sells for around $2.1M. House prices have moved -6.1% over the past year. At 1.9% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking.
Living in Pennant Hills: people, income and schools
Pennant Hills is home to around 7,588 people, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $127,000 a year (about $2,430 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 16.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
Families have 55 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Pennant Hills sits about 19 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 65 for walkability and 91 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 7,588
- +2% over 5yr
- Median age
- 43 years
- Median household income
- $127,000/yr
- Households renting
- 23%
- Family households
- 79%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 55
- avg ICSEA 1144
- Unemployment
- 4.1%
- Distance to CBD
- 19 km
- Walk score
- 65/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Pennant Hills
View all →Frequently asked questions about Pennant Hills
What should I check before investing in Pennant Hills?
Pennant Hills has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Pennant Hills?
The median property price in Pennant Hills, NSW 2120 is $2.1M for houses and $730K for units.
What does recent house price growth show for Pennant Hills?
House prices in Pennant Hills are down 6.1% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Pennant Hills?
The current vacancy rate in Pennant Hills is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Pennant Hills?
Pennant Hills has a population of approximately 7,588 residents, with a median age of 43.
What schools are near Pennant Hills?
There are 55 schools within roughly 5km of Pennant Hills. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Pennant Hills affordable to buy in?
A median house in Pennant Hills costs about 16.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Pennant Hills's population growing?
The population of Pennant Hills has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Pennant Hills from the CBD?
Pennant Hills is about 19 km from the CBD.
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