FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Penrith, New South Wales 6.1 out of 10 (Workhorse Investment) as of May 2026.
Penrith offers a workhorse investment, demonstrating strong capital appreciation of 8.5% over the past year despite a moderate gross yield of 2.8%. Its established role as a major Western Sydney centre underpins critically low vacancy rates of 1.2%, signaling persistent tenant demand and robust long-term capital growth potential. Structural owner-occupier demand has not yet been priced into the market — a re-rating window remains open.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
9 of 12 signals locked — unlock the full model read for A$25
Unlock 9 signals — A$25 →FairSquare's model rates Penrith, New South Wales 6.1 out of 10 (Workhorse Investment) as of May 2026. Penrith offers a workhorse investment, demonstrating strong capital appreciation of 8.5% over the past year despite a moderate gross yield of 2.8%. Its established role as a major Western Sydney centre underpins critically low vacancy rates of 1.2%, signaling persistent tenant demand and robust long-term capital growth potential.
The median house price in Penrith, NSW is $1.19M. Weekly rent of $630 against a 2.8% gross yield underpins this figure.
Penrith has a gross rental yield of 2.8%, with a median weekly rent of $630. 12-month price growth is tracking at +8.5%.
Based on its market signals, Penrith aligns with: Defensive Hold.