Prepared by the Real Homes Realty Property Team | Data current as at July 2026 | Updated quarterly
This report covers the South Penrith property market for Q2 2026. Data is compiled from CoreLogic via YIP, HtAG Analytics, and Picki/City of Penrith LGA analysis, current as at the publication date.
For property management services in South Penrith, see our Property Management South Penrith page.
South Penrith Property Market Snapshot
| Metric | Houses | Units |
|---|---|---|
| Median sale price | $1,151,000 – $1,301,221 | $807,000 |
| Annual capital growth | 14.58% – 16.73% | 7.60% |
| Median weekly rent | $616 – $650 | $550 |
| Gross rental yield | 2.46% – 3.32% | 3.82% |
| Sales in past 12 months | 171 | 15 |
| Average days on market | 11 days | 8 days |
| Stock on market | 0.28% | — |
| Inventory | 1.56 months | — |
| Average hold period | 11.37 years | — |
Sources: CoreLogic via YIP (July 2026), HtAG Analytics (May 2026), Picki LGA data (July 2026)
House Prices in the South Penrith Property Market
In South Penrith, the median property price for a house is currently $1,151,000 with annual capital growth of 16.73%. There were 171 house sales in the past 12 months. On average, houses spend 11 days on market. Rental yields for houses are currently 3.32% with an average median rent of $650 weekly.
HtAG Analytics reports a higher typical price of $1,301,221 with a gross yield of 2.46% — reflecting a broader data methodology that captures premium Mulgoa Rise stock. Both figures confirm South Penrith’s position as one of the fastest-appreciating and fastest-selling markets in the Penrith LGA.
South Penrith NSW 2750 has a house market with tight established supply — very low Stock on Market and low months of inventory — and short days on market, while affordability is extreme at an estimated 60 years to own — a structural constraint for local owner-occupier entrants.
The 11-day average on market is exceptional — one of the fastest in all of Western Sydney. Properties in South Penrith that are correctly priced receive multiple offers within days of listing.
Unit Prices in the South Penrith Property Market
The Median Sale Price in South Penrith is $807,000 for units with annual growth of 7.60% over the past 12 months. Units spent 8 days on market — faster than houses — across 15 unit sales.
The small number of unit sales (15 over 12 months) reflects South Penrith’s predominantly house-dominated stock. Units are rare and sell extremely quickly when they do come to market.
South Penrith Property Market Investment Outlook
For house investors aligned to long-term capital growth, South Penrith NSW 2750 is an attractive neighbourhood because of tight established supply, short days-on-market and high holding periods that collectively support price resilience. However, low gross yields (2.46%) and an extreme affordability metric make it a poor choice for investors who need immediate rental income or who operate with thin serviceability buffers.
South Penrith suits long-term, well-capitalised investors with a 10 to 15-year horizon. The combination of 16.73% annual growth, 11-day days on market, and average hold period of 11.37 years creates a structural supply constraint that consistently supports price floors.
Overall, the South Penrith property market remains one of the strongest-performing residential markets in Western Sydney for buyers focused on long-term capital growth. While rental yields are relatively modest, the combination of low housing supply, rapid sales activity and strong owner-occupier demand continues to support the suburb’s long-term investment appeal.
South Penrith Property Market vs Nearby Penrith Suburbs
| Suburb | Median House Price | Annual Growth | Days on Market | House Yield |
|---|---|---|---|---|
| South Penrith | $1,151,000 – $1,301,221 | 14.58% – 16.73% | 11 days | 2.46% – 3.32% |
| Penrith | $1,090,000 | 14.98% | 20 days | 3.20% |
| Glenmore Park | $1,199,000 – $1,229,500 | 5.09% – 10.18% | 12 days | 3.16% – 3.31% |
| Kingswood | ~$750,000 | ~8% | 24 days | 3.34% – 3.41% |
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Related Reading
- Property Management South Penrith NSW
- Penrith Property Market Report Q2 2026
- Rental Yield Guide Western Sydney 2026