Pennant Hills NSW 2120: Property Market Report & Real Estate Insights

Part of Hornsby, NSW

Pennant Hills Real Estate Market Outlook

Thinking about buying in Pennant Hills? Now could not be a better time, with 3692 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,083,000 with prices in this suburb ranging from $214,000 to $114,826,000. The approximate distance to the coast is 14 Km.

Living in Pennant Hills

Consistent high demand relative to supply is a key feature in Pennant Hills driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Pennant Hills ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Pennant Hills classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Pennant Hills necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Pennant Hills, located in the Hornsby Shire of New South Wales, presents an intriguing snapshot of the Sydney housing market. Known for its tranquil suburban vibe while being conveniently close to the city, the suburb has seen considerable interest from homebuyers and investors alike. Housing in Pennant Hills includes a mix of charming older homes, many on generously sized blocks, as well as some more contemporary developments. The market here tends to appeal to families and professionals seeking the balance of suburban peace with urban accessibility. Over recent years, like many parts of Sydney, Pennant Hills has experienced a steady increase in property values, driven by its desirable location, robust local amenities, and excellent transport links, including a train station that offers direct services to the Sydney CBD.

Living in Pennant Hills offers a serene and community-focused lifestyle, often highlighted by its leafy streets, parks, and a strong sense of local community. The suburb is well-served with local amenities, including good schools, both primary and secondary, making it particularly attractive to families. Residents enjoy a host of recreational options such as bushwalking tracks and local sports clubs. The local shopping precinct and nearby larger shopping centers cater well to the community's needs. Its proximity to larger commercial areas, combined with the peaceful, family-oriented environment, makes Pennant Hills an excellent choice for those looking to enjoy the benefits of suburban living without sacrificing urban conveniences.

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