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  3. Charles Sturt
  4. Pennington

Pennington 5013

Market analysis for investment properties in Pennington

Median Price

$832,000

Trend:Accelerating
+5.3%
Median Rent

$590/pw

Trend:Steady
+3.5%
Rental Yield

3.69%

Trend:Decelerating
-1.6%
Median DoM

16 Days

Trend:Decelerating
-27.3%
Market Analysis

Why investors are watching Pennington right now.

Pennington is well-served in terms of shopping options with multiple supermarkets, specialty stores, and cafes located within a short distance from residential areas. The nearby Westfield West Lakes Mall provides additional shopping opportunities with a variety of retail, dining, and entertainment options.

The suburb hosts a mix of public and private primary schools such as Pennington School R-7 and Woodville Gardens School B-7, offering education options for families with young children. For secondary education, Pennington is close to schools like Woodville High School and Our Lady of the Sacred Heart College, providing comprehensive learning opportunities for older students.

Residents of Pennington have convenient access to public transportation options for commuting to Adelaide's CBD. The suburb is served by bus routes 230 and 232, offering direct connections to the city center. Additionally, Woodville Park train station is easily accessible, providing a direct train route to the Adelaide CBD.

Green spaces and recreational areas are scattered throughout the suburb, offering residents opportunities for outdoor activities and relaxation. Pennington is surrounded by parks like Pennington Gardens Reserve and St Clair Recreation Reserve, providing greenery and open spaces for residents to enjoy nature within the community.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Pennington often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Alberton

12km from center

Median Price

$977k

+30.3%

Rental Yield

3.3%

Gross annual

Woodville

9km from center

Median Price

$1.28m

+19.3%

Rental Yield

2.8%

Gross annual

Ottoway

15km from center

Median Price

$775k

+13.1%

Rental Yield

4.1%

Gross annual

Strategy by LighthousePA

Where will Pennington be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Pennington, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
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LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Pennington
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Investment Insights & FAQ

Frequently asked questions about the Pennington property market in 2026.

As of March 2026, the Pennington property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 5.32% and units have grown by 27.22%. These figures reflect the evolving demand within Charles Sturt, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Pennington range from $832,000 for houses to $617,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Charles Sturt region.

For investors targeting cash flow, houses rent for $590 /pw with a 3.69% yield, while units rent for $640 /pw with a 5.39% yield. This rental performance is a key indicator of strong tenant demand within the Pennington area.

Market Insights Last Updated: March 2026