Penrith · State Electorate

Housing & Dwellings in Penrith

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.

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📍 Penrith, State Electorate

Where Penrith sits — Median rent (weekly)

$385 ▲ +13.2%
  • $100–$118: 6 areas
  • $118–$136: 1 area
  • $136–$154: 0 areas
  • $154–$171: 0 areas
  • $171–$189: 4 areas
  • $189–$207: 6 areas
  • $207–$225: 10 areas
  • $225–$243: 10 areas
  • $243–$261: 21 areas
  • $261–$279: 6 areas
  • $279–$296: 16 areas
  • $296–$314: 45 areas
  • $314–$332: 33 areas
  • $332–$350: 16 areas
  • $350–$368: 38 areas
  • $368–$386: 58 areas
  • $386–$404: 44 areas
  • $404–$421: 30 areas
  • $421–$439: 21 areas
  • $439–$457: 18 areas
  • $457–$475: 12 areas
  • $475–$493: 12 areas
  • $493–$511: 6 areas
  • $511–$529: 3 areas
  • $529–$546: 3 areas
  • $546–$564: 2 areas
  • $564–$582: 4 areas
  • $582–$600: 8 areas

All state electorate areas, 2021. The marker is Penrith — higher than 61% of areas.

Median rent (weekly) compared with the state and national average
Penrith$385
Greater Sydney $470
New South Wales $420
Australia $375

Housing costs

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.

  • 2011: $340
  • 2016: $360
  • 2021: $385

Median weekly rent paid by households renting their home.

$2,100 ▲ +2.0%

Higher than 76% of state electorate areas.

  • 2011: $2,058
  • 2016: $1,980
  • 2021: $2,100

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Penrith, $350–$549 is the majority at 59%; $200–$349 is next at 23%.

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2011: 47.3%
  • 2016: 32.7%
  • 2021: 37.3%

Share of occupied private dwellings that are rented.

25.9% ▲ +29.7%

Lower than 73% of state electorate areas.

  • 2011: 20.0%
  • 2016: 27.5%
  • 2021: 25.9%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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Penrith splits fairly evenly between Rented (37%) and Owned with a mortgage (34%), with Owned outright at 26%.

Types of homes

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.

  • 2011: 1.20
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

69.2% ▲ +79.9%

Lower than 71% of state electorate areas.

  • 2011: 38.5%
  • 2016: 74.6%
  • 2021: 69.2%

Share of occupied private dwellings that are separate houses.

74.9% ▲ +51.6%

Lower than 62% of state electorate areas.

  • 2011: 49.4%
  • 2016: 80.5%
  • 2021: 74.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Penrith, Separate house is the majority at 69%; Flat or apartment is next at 16%.

Bedrooms per home

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In Penrith, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (25%) and 2 bedrooms (19%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Penrith

Cite this page

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