Pennington shows solid investment fundamentals worth investigating further. With a vacancy rate of just 0.7%, rental properties in Pennington are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market at 25 days suggest reasonable market activity.
Property values have grown 11.8% over the past 12 months, reflecting genuine market momentum and strong buyer competition. With a rental yield of 5.2%, income returns are above the national average. Building approvals in the area have declined 0.8% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model scores Pennington at 76/100, indicating good signal fundamentals with some factors to monitor.
Pennington presents a balanced profile with reasonable indicators across both growth and income metrics.
Based on PropTime's analysis of 15 demand and supply indicators, Pennington scores 76/100 — a Good Signal signal. Key indicators include a 0.7% vacancy rate, 5.2% rental yield, and 11.8% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Pennington data.
The current vacancy rate in Pennington is 0.7%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Pennington is 5.2%. The Australian national average is approximately 4.5%, so Pennington is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Pennington.
PropTime's composite model scores Pennington at 76/100 as of May 2026. Strong price growth of 11.8% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Pennington.
Pennington scores 76/100 on PropTime. Similar suburbs by score include Murray Bridge, Modbury Heights, Elizabeth East, all within the same SA market.