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Pennant Hills Suburb Insights
VICLocation Information
Suburb Name
Pennant Hills, VIC
Distance from CBD
17.5 kmDemographics
Population
7,287
Median Income
$43,472
Area Information
Area
6.12 km²
Population Density
1191 people/km²
Property Market
Median Price
$650,696
Annual Growth
+18%Property Price Trend Analysis
Current Median Price
$650,696
Annual Growth
+18%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$471,383
+5.6%2024-02
$546,954
+5.7%2024-03
$972,774
+12.3%2024-04
$802,028
+8.5%2024-05
$472,511
+9.2%2024-06
$442,042
+10.4%Property Type Price Analysis
House
Median Price
$1,668,212
Growth Rate
+9.6%Available Listings
404 properties
Apartment
Median Price
$564,843
Growth Rate
+9.3%Available Listings
388 properties
Townhouse
Median Price
$861,816
Growth Rate
+16.4%Available Listings
303 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy