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South Penrith Suburb Insights
VICLocation Information
Suburb Name
South Penrith, VIC
Distance from CBD
5.7 kmDemographics
Population
11,790
Median Income
$37,024
Area Information
Area
5.06 km²
Population Density
2330 people/km²
Property Market
Median Price
$727,017
Annual Growth
+17.6%Property Price Trend Analysis
Current Median Price
$727,017
Annual Growth
+17.6%
Quarterly Growth
+4.9%
Price Trends - Last 6 Months
2024-01
$936,772
+5.7%2024-02
$790,956
+5.6%2024-03
$439,199
+6.8%2024-04
$763,645
+7.2%2024-05
$795,010
+9.9%2024-06
$1,122,082
+19.3%Property Type Price Analysis
House
Median Price
$1,416,104
Growth Rate
+11%Available Listings
394 properties
Apartment
Median Price
$664,945
Growth Rate
+7.7%Available Listings
724 properties
Townhouse
Median Price
$642,561
Growth Rate
+9.2%Available Listings
298 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