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Penrith City

Housing prices

At June 2016, the median house valuation in Penrith City was $63,833 lower compared to New South Wales.

This indicator shows the value of houses and units in Penrith City and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses New South Wales: $711,006 New South Wales: $637,533 New South Wales: $569,226 New South Wales: $508,933 New South Wales: $457,239 New South Wales: $441,305 New South Wales: $438,564 Greater Sydney: $1,070,594 Greater Sydney: $949,151 Greater Sydney: $865,140 Greater Sydney: $724,796 Greater Sydney: $623,561 Greater Sydney: $603,520 Greater Sydney: $595,960 Penrith City: $699,092 Penrith City: $617,748 Penrith City: $536,064 Penrith City: $445,100 Penrith City: $388,562 Penrith City: $379,506 Penrith City: $369,488
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units New South Wales: $671,543 New South Wales: $614,575 New South Wales: $559,521 New South Wales: $496,521 New South Wales: $430,178 New South Wales: $423,410 New South Wales: $413,869 Greater Sydney: $763,475 Greater Sydney: $699,292 Greater Sydney: $639,516 Greater Sydney: $566,726 Greater Sydney: $492,743 Greater Sydney: $481,561 Greater Sydney: $469,663 Penrith City: $486,777 Penrith City: $447,797 Penrith City: $386,915 Penrith City: $332,979 Penrith City: $289,953 Penrith City: $280,369 Penrith City: $279,710
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Penrith CityGreater SydneyNew South WalesPenrith CityGreater SydneyNew South Wales
2011$369,488$595,960$438,564$279,710$469,663$413,869
2012$379,506$603,520$441,305$280,369$481,561$423,410
2013$388,562$623,561$457,239$289,953$492,743$430,178
2014$445,100$724,796$508,933$332,979$566,726$496,521
2015$536,064$865,140$569,226$386,915$639,516$559,521
2016$617,748$949,151$637,533$447,797$699,292$614,575
2017$699,092$1,070,594$711,006$486,777$763,475$671,543

Source: Hometrack 2011-2016, Housing Valuation System.

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