In Q3 2019, Penrith recorded a median house price of $651,750, and a median unit price of $460,000. This represents annual (Q3 2018 – Q3 2019) median price softening of -4.9% for houses and -10.2% for units. During this timeframe total house sales slowed, down by -5.5% to 536 sales. Meanwhile unit sales increased, by 2.3% to 220 sales. That said the Penrith market have seen more positive signs over the past 6 months, suggesting confidence is returning.
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