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West Pennant Hills Suburb Insights
VICLocation Information
Suburb Name
West Pennant Hills, VIC
Distance from CBD
7.6 kmDemographics
Population
16,374
Median Income
$45,500
Area Information
Area
9.29 km²
Population Density
1763 people/km²
Property Market
Median Price
$870,081
Annual Growth
+5.9%Property Price Trend Analysis
Current Median Price
$870,081
Annual Growth
+5.9%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$389,567
+5.8%2024-02
$532,077
+11.9%2024-03
$636,742
+14.7%2024-04
$489,459
+7.8%2024-05
$923,130
+17.3%2024-06
$1,168,174
+15.5%Property Type Price Analysis
House
Median Price
$809,256
Growth Rate
+12.5%Available Listings
499 properties
Apartment
Median Price
$431,609
Growth Rate
+9.3%Available Listings
730 properties
Townhouse
Median Price
$665,451
Growth Rate
+7.8%Available Listings
281 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy