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Pennant Hills

NSW 2120LGA: Hornsby Shire

Investment Score

78

/100

AI Intelligence Summary

Pennant Hills is a well-established, family-oriented suburb in Sydney's Hills District, located approximately 25km northwest of the CBD. Known for its premium position in the local market, the suburb attracts families seeking quality education options, including the highly regarded Pennant Hills High School and several excellent primary schools. The area features a mature residential character with predominantly detached houses on larger blocks, complemented by some newer apartment developments. Pennant Hills offers excellent community amenities including Pennant Hills Park with extensive recreational facilities, the local shopping centre, and proximity to Westfield Hornsby. The suburb benefits from strong transport connections via Pennant Hills Railway Station on the T1 North Shore Line, providing direct access to Sydney CBD, while Pennant Hills Road offers convenient access to the M1 and M2 motorways. The community is characterized by established families and professionals, with a growing population of overseas-born residents, particularly from Asian countries. Property values have shown steady growth over the past decade, though with some moderation in 2023-2024, reflecting the suburb's enduring appeal and premium market position in the Hills District.

Strengths

  • Excellent educational facilities including highly regarded public and private schools
  • Strong transport connectivity with direct rail access to Sydney CBD and major motorway connections
  • Premium Hills District location with established community character
  • Extensive recreational amenities including Pennant Hills Park and proximity to Ku-ring-gai Chase National Park

Opportunities

  • Potential for apartment development to diversify housing stock
  • Growing overseas-born population bringing cultural diversity
  • Proximity to employment centres in Macquarie Park and Norwest
  • Strong rental demand from families seeking quality school zones

Considerations

  • Limited housing diversity with market dominated by higher-priced detached homes
  • Aging population demographic may impact long-term community dynamics
  • Dependence on car transport for many daily activities despite rail access
  • Premium pricing may limit affordability for first-home buyers

Property Market

Median House

$1.65M

+3.2% 1yr

Median Unit

$750K

+2.8% 1yr

Median Townhouse

$1.20M

Rent (House)

$980/wk

Rent (Unit)

$620/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+3.2%+18.5%+35.8%
Unit+2.8%+15.2%+28.4%

Rental Yields

House Yield

3.1%

Unit Yield

4.2%

Townhouse Yield

3.5%

Investment Scorecard

Overall Investment Score78/100
Growth Potential75/100
Cashflow Score65/100
Risk Score (lower = safer)72/100
Affordability Index45/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Pennant Hills at median house price

Standard transfer
$73,140
First Home Buyer
$73,140
Foreign buyer surcharge
$132,000

+8% surcharge

Annual rent income
$50,960

$980/wk

Interest (80% LVR @ 6.5%)
-$85,800
Other expenses (~2.5%)
-$41,250
Net rental position
-$76,090

Negatively geared

Tax benefit (39% MTR)
+$29,675

Reduces taxable income

After-tax holding cost
$46,415/yr

~$893/week

Based on 7.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.33M
Capital gain
$600,175
After discount
$300,087
CGT payable
$117,034

10-Year Hold

Est. value
$3.29M
Capital gain
$1.56M
After discount
$781,636
CGT payable
$304,838

Investor Quick Summary

Entry cost (stamp duty)

$73,140

After-tax yield

1.89%

Weekly holding cost

$893/wk

10yr CGT (est.)

$304,838

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

8,200

Median Age

42

Median Income

$95K

per annum

Family Households

68.0%

Professionals

52.0%

University Educated

48.0%

Unemployment

3.2%

Born Overseas

42.0%

Dwelling Mix

Houses: 75%Units: 22%Townhouses: 3%Total: 3,200

Lifestyle & Community

Walkability65/100
Public Transport7/10
Schools Rating9/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

25

Parks

8

Hospitals

1

Distance to CBD

25.0 km

Nearest Station: Pennant Hills Station

Family-oriented lifestyle with excellent recreational facilities, quality schools, convenient shopping, and easy access to both bushland and urban amenities.

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Data sourced from multiple sources. Last updated 28 March 2026.

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