Penrith real estate

Homes with two bedrooms or fewer are less common in the Penrith council area: 16%, against 30% across NSW, while 42% have four or more bedrooms (34% across NSW) and 41% have three (35% across NSW). The bedroom count leans towards the larger end of the scale, with homes of three bedrooms and of four or more both more common here than across NSW.

Separate houses make up 78% of occupied homes, above the 66% across NSW, while flats or apartments sit at 9%. Townhouses, terraces and semi-detached houses account for 12%, the same as across NSW. On Census night, 5% of private dwellings in the council area were unoccupied, below the 9% across NSW.

Paying off a mortgage is more common in the Penrith council area than across NSW: 39% of households, against 33%. Owning outright is less common, at 25% against 32%. Renting matches the state at 33% of households. The median mortgage repayment was $2,167 a month, the same as across NSW.

The median rent was $400 a week, below the $420 across NSW, and the median household income was $1,903 a week, above the $1,829 across NSW. Set side by side on this page, that median rent equals 21% of the median weekly income of all households in the council area, renters or not, against 23% across NSW. Of renting households, 74% rented from a landlord the ABS records as a real estate agent, above the 69% across NSW.

Households run larger in the Penrith council area, with 2.8 people in an average household against 2.6 across NSW. The median age was 35 years, below the 39 across NSW, which suggests younger residents than the state as a whole. Both figures are for the whole council area at the 2021 Census, not for any one place within it.

At the 2021 Census, 217,664 people lived in the Penrith council area. Of people aged five and over, 56% lived at the same address five years earlier, above the 54% across NSW.