What is the current median house price in PENRICE, SA?
The median house price in PENRICE, SA 5353 is $356,200 as of 2026. The median unit/apartment price is $221,000.
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Core Market Intelligence — May 2026
The median house price in PENRICE, SA 5353 is $356,200 as of 2026. The median unit/apartment price is $221,000.
PENRICE presents a mixed investment picture that requires careful analysis. Key indicators include a rental yield of 5.4%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in PENRICE, SA 5353 is approximately 5.4%, with a median weekly rent of $368. This is considered a strong yield for the Australian market.
PENRICE, SA 5353 has a population of 1,800 with a median age of 40. The median household income is $53,464. 71% of residents are owner-occupiers.