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Penong
SA, 5690 - Unincorporated SA

Thinking about buying in Penong? Now could not be a better time, with just 377 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $376,000 with prices in this suburb ranging from $188,000 to $464,000. Penong is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Penong Real Estate Market Outlook

In Penong there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penong due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Penong leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Penong to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Penong the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Penong

Elders LOT 54 ROBERTS RD, PENONG, SA, 5690 Beds Bathrooms $65,000

Local Schools

Penong Primary School

(While the above schools are located with the suburb of Penong there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Penong weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.716.430.036.484.86.226.9
Feb0.815.829.039.786.45.824.8
Mar0.513.926.642.489.45.320.3
Apr0.411.225.337.388.54.716.2
May1.18.821.343.291.14.312.4
Jun1.46.718.249.393.94.410.8
Jul1.06.218.147.293.94.611.1
Aug0.76.019.441.893.74.814.2
Sept0.68.623.433.189.15.619.5
Oct0.711.226.32984.66.023.2
Nov0.412.82735.486.66.125.8
Dec0.614.828.834.083.76.128.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Public Transport


General Points of Interest

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