Pennant Hills is a mid-sized suburb in New South Wales within the Hornsby local government area (postcode 2120). With a population of 7,588, the suburb has an established demographic with a median age of 43. Households earn a median income of $127K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Pennant Hills is $1.9 million, having declined 7.2% over the past year. Units have a median price of $3.4 million (+365.8% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,700.
Pennant Hills is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1136, which is well above the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Pennant Hills offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved -7.2% year-on-year.
Pennant Hills is a mid-sized suburb in New South Wales within the Hornsby local government area (postcode 2120). With a population of 7,588, the suburb has an established demographic with a median age of 43. Households earn a median income of $127K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Pennant Hills is $1.9 million, having declined 7.2% over the past year. Units have a median price of $3.4 million (+365.8% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,700.
Pennant Hills is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1136, which is well above the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Pennant Hills offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved -7.2% year-on-year.