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 3.6% and has experienced a 12-month capital growth of Up 10.6%, with a median house buy price of $877,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$671,000
$870,000
$990,000
$877,500
Suburb Market Profile
Last month Pennington had 4 properties available for rent and 2 properties for sale. Median property prices over the last year range from $877,500 for houses to $625,000 for units. If you are looking for an investment property, consider houses in Pennington rent out for $610 PW with an annual rental yield of 3.6% and units rent for $530 PW with a rental yield of 4.3%. Pennington has seen an annual compound growth rate of 10.6% for houses and 28.9% for units.
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