PENNINGTON 5013
State: SAPosiProp AI Investment Summary
PENNINGTON (SA 5013) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 7.0%, with a median house buy price of $832,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$671,000
$832,000
$1,080,000
$832,000
Suburb Market Profile
Last month Pennington had 10 properties available for rent and 5 properties for sale. Median property prices over the last year range from $832,000 for houses to $633,750 for units. If you are looking for an investment property, consider houses in Pennington rent out for $580 PW with an annual rental yield of 3.5% and units rent for $530 PW with a rental yield of 3.7%. Pennington has seen an annual compound growth rate of 7.0% for houses and 30.7% for units.