Across the nation CREW lists data for 5043 neighbourhoods, and this month West Pennant is number 1598 putting it in the top half of the country .
The median house price listed in West Pennant this month is $294,950.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for West Pennant will hopefully provide an indicator to help you where to research in-depth
In West Pennant, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Can we guarantee how well West Pennant is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in West Pennant there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.