$385 ▲ +13.2%
Higher than 61% of state electorate areas.
- 2011: $340
- 2016: $360
- 2021: $385
Median weekly rent paid by households renting their home.
Penrith · State Electorate
Where and how people live — the homes, how they are held, and what they cost.
High housing costs shape daily life in Penrith, where typical monthly mortgage payments reach $2,100. This is much higher than most areas, reflecting the pressure of the local property market. While many residents struggle with these costs, there has been a significant shift toward larger, detached family homes over the last decade.
All state electorate areas, 2021. The marker is Penrith — higher than 61% of areas.
| Penrith | $385 |
|---|---|
| Greater Sydney | $470 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $385, which is higher than most areas and slightly above the national figure. Mortgage payments have also risen since 2011, with 41% of households now paying between $1,800 and $2,999 per month.
$385 ▲ +13.2%
Higher than 61% of state electorate areas.
Median weekly rent paid by households renting their home.
$2,100 ▲ +2.0%
Higher than 76% of state electorate areas.
Median monthly mortgage repayment for households with a mortgage.
In Penrith, $350–$549 is the majority at 59%; $200–$349 is next at 23%.
In Penrith, the largest group is $1,800–$2,999 at 43%, followed by $1,000–$1,799 (26%) and $3,000 or more (18%).
How homes are owned or rented.
Renting is much more common here than in most areas, with 37.3% of households renting, which is well above the state and national figures. Meanwhile, the proportion of people who own their home outright is 25.9%, well below the national average.
37.3% ▼ -21.1%
Higher than 75% of state electorate areas.
Share of occupied private dwellings that are rented.
25.9% ▲ +29.7%
Lower than 73% of state electorate areas.
Share of occupied private dwellings owned outright (no mortgage).
Penrith splits fairly evenly between Rented (37%) and Owned with a mortgage (34%), with Owned outright at 26%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 69.2% of the market, a figure that rose 31 points since 2011. This trend toward larger homes is clear, as 74.9% of dwellings now have three or more bedrooms, which is well above the state average.
0.80 ▼ -33.3%
Lower than 71% of state electorate areas.
Average number of usual residents per bedroom — a crowding measure.
69.2% ▲ +79.9%
Lower than 71% of state electorate areas.
Share of occupied private dwellings that are separate houses.
74.9% ▲ +51.6%
Lower than 62% of state electorate areas.
Share of occupied private dwellings with three or more bedrooms.
In Penrith, Separate house is the majority at 69%; Flat or apartment is next at 16%.
In Penrith, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (25%) and 2 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Penrith [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED10066/penrith/topic/housing-dwellings