2. SA
  3. Charles Sturt

Houses Units

Here you can find what you need to know about Pennington, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$705K Median Sale Price (National Average $485k) 283rd In SA
4.06% Median Sale Price Change (1yr) (National Average 4.30%) 381st In SA
$550pw Median Rent (National Average $395) 241st In SA
4.1% Median Gross Yield (National Average 4.24%) 143rd In SA

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Pennington, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Pennington, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Pennington, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Pennington


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Pennington, SA 5013

Part of: Charles Sturt Council No data available

The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2011 was 3,648 people. By 2016 the population was 3,639 showing a population decline of 0.2% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a trades occupation. In 2011, 57.5% of the homes in Pennington were owner-occupied compared with 57.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Pennington

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Pennington   for Houses in last 12 months


There have been 39 Houses sold in Pennington in the past 12 months with a median sale price of $705K, up 4.1% annually. It takes on average 28 days to sell with vendor discounting of -6.8%.

Others also viewed

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Penola SA, 5277 26.09% $435,000 Unavailable Unavailable View Suburb Profile
Buddina QLD, 4575 2.20% $1,507,500 $765pw 2.6% View Suburb Profile
Rosewater SA, 5013 25.65% $704,888 $510pw 3.8% View Suburb Profile
Werrington County NSW, 2747 15.84% $936,000 $570pw 3.2% View Suburb Profile
Donovans SA, 5291 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Mandogalup WA, 6167 Unavailable $345,000 Unavailable Unavailable View Suburb Profile

Currency

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