City of Penrith
Population
217,664
City of Penrith is a Local Government Area in Australia comprising 34 suburbs with a population of 217,664 residents. For property investors analysing City of Penrith capital growth potential, this council area ranks in the top 29% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in City of Penrith is approximately $1.1M, making it a premium market suited to capital growth strategies. City of Penrith property investment fundamentals show moderate signals, supported by positive population growth trends and healthy employment diversity across industries.
Growth Performance Prediction
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Overall Growth Potential
Outperforms 71% of all LGAs
Key Market Indicators
Good Employment Health
Employment Score
Good Lifestyle Factors
Life Score
Good Population Forecasts
Population Score
Investment Outlook
This area shows good growth potential with positive indicators across most key market factors, suggesting promising conditions for property investment.
Em
Employment Diveristy
Health Care and Social Assistance - 14.00%
Retail Trade - 12.00%
Education and Training - 10.00%
Construction - 9.00%
Others - 55.00%
Commute Time
19mins
10kms
Common Transport Methods
Income Growth
Average Income
34 Suburbs in City of Penrith
Ordered by Best Projected Short Term Growth (Green = Buying window)
Trend Indicators:
Suburb Name
Asking Price
Yield
City of Penrith Property Investment FAQs
Is City of Penrith a good area for property investment in 2026?▼
City of Penrith ranks in the top 29% of all Australian Local Government Areas for property investment potential. City of Penrith shows moderate investment potential with balanced risk-reward characteristics. The area offers opportunities for investors seeking stable returns, though individual suburb analysis is recommended to identify the best pockets within the council area.
What is the median house price in City of Penrith?▼
The current median house price across City of Penrith is approximately $1.1M. This median price reflects sales data from properties across all 34 suburbs within the Local Government Area. As a premium property market, City of Penrith typically attracts investors focused on capital appreciation and wealth preservation rather than high rental yields.
What are the best suburbs to invest in City of Penrith?▼
City of Penrith contains 34 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within City of Penrith depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 34 suburbs in City of Penrith ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.
What is the capital growth outlook for City of Penrith?▼
City of Penrith's capital growth outlook is moderate based on current market indicators. City of Penrith shows stable growth fundamentals with some suburbs outperforming others. Investors should focus on suburbs with above-average suburb scores for the best capital growth potential within this LGA.
What is the population of City of Penrith?▼
City of Penrith has a population of approximately 217,664 residents across its 34 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in City of Penrith as part of your investment research to understand future housing demand.
How many suburbs are in City of Penrith council area?▼
City of Penrith Local Government Area contains 34 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in City of Penrith, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 34 suburbs to help you identify the best investment opportunities within City of Penrith.
