Penrith is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.2%, rental properties in Penrith are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 14 days, indicating buyers are competing actively for available stock.
Steady price growth of 9.6% over the past 12 months indicates a stable market with moderate appreciation. Rental yields of 5.8% provide solid income returns above the national average of approximately 4.5%. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model weighs these and 12 additional indicators to produce the 82/100 score — placing Penrith among the top-performing suburbs nationally.
Penrith is particularly suited to cashflow-focused investors. The 5.8% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Penrith scores 82/100 — a Strong Buy signal. Key indicators include a 0.2% vacancy rate, 5.8% rental yield, and 9.6% 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 Penrith data.
The current vacancy rate in Penrith is 0.2%. 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 Penrith is 5.8%. The Australian national average is approximately 4.5%, so Penrith is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Penrith.
PropTime's composite model scores Penrith at 82/100 as of May 2026. Price growth of 9.6% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Penrith.
Penrith scores 82/100 on PropTime. Similar suburbs by score include Orange, Bathurst, Maitland, all within the same NSW market.