Penshurst, NSW

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Livability Index
109.8
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Population: 11692

House Growth Prediction (per annual): 28%, 696th out of 5061

Unit Growth Prediction (per annual): 21%, 431th out of 2987

Keywords: Active Market, Valuable Market, Business Area, High Population, High Population Density, Born Overseas, Diverse Language, Well Educated, Professional, Finance, High Salary, High Rent, Valuable House

Basics

Penshurst (NSW) is a local community with population 11,692, and the population growth over the past decade is 9.75%. It has an average income $54,166.99 per annum. It has 48.1% of population who only speak English at home. Other top languages include Cantonese, Mandarin, Greek, Arabic, Nepali. Unemployment rate in Penshurst (NSW) is 5.03% while people work as professionals is 26.8%. Penshurst (NSW) has 0 Coles stores and 0 Woolworth stores. Its population density is 2,224.26 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Penshurst (NSW) has Socio-Economic raw score 1017.1 while the average score across Australia is 1000. Therefore, Penshurst (NSW) has advantage in terms of Socio-Economic measure. It obtains relative score 61 out of 100 across Australia, while relative score 60 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Penshurst (NSW) has a livability index 106.7, which is higher than average 100 across Australia. It ranks 1,261th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 17.1% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Penshurst (NSW) has a higher than average growth expectation. It ranks 6,505th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Penshurst (NSW) is predicted to grow by 8.7% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Penshurst (NSW) has a higher than average growth. It ranks 3,535th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Penshurst (NSW), which obtains score of 98.3 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Penshurst (NSW), which obtains score of 94.3 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Penshurst (NSW) has a better than average score, which is 62.8 out of 100. Similar to to primary school, secondary school has better than average score, which is 77.6 out of 100.

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Penshurst, NSW smart rating was calculated by GeoIndex Australia.

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