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  1. Home
  2. NSW
  3. Wingecarribee
  4. Penrose

Penrose 2579

Market analysis for investment properties in Penrose

Median Price

$1,850,000

Trend:Accelerating
+115.1%
Median Rent

$585/pw

Trend:Steady
+3.1%
Rental Yield

1.64%

Trend:Decelerating
-52.2%
Median DoM

499 Days

Trend:Accelerating
+375.2%
Market Analysis

Why investors are watching Penrose right now.

Penrose, located in the Wingecarribee LGA of New South Wales, offers a blend of local shops and larger retail options along main streets, providing convenience to residents for day-to-day needs.

The suburb is home to well-regarded primary and secondary schools such as Penrose Public School, ensuring families have access to quality education within the local community.

Residents of Penrose have access to efficient transport options, with regular train services provided by the Southern Highlands Line connecting them to the CBD in Sydney, and buses offering additional flexibility for commuting.

Surrounding greenery in Penrose includes scenic parks and reserves like Wingecarribee River Park, offering opportunities for outdoor recreation, picnics and leisurely strolls amidst nature.

The suburb's proximity to the lush Southern Highlands region further enhances the appeal of Penrose, with its picturesque landscapes, rolling hills, and charming rural surroundings adding to the overall quality of life for residents.

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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 Penrose often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Tallong

168km from center

Median Price

$1.07m

+4.9%

Rental Yield

2.9%

Gross annual

Bundanoon

148km from center

Median Price

$1.10m

Rental Yield

3.3%

Gross annual

Paddys River (Wingecarribee)

155km from center

Median Price

N/A

Rental Yield

N/A

Gross annual

Strategy by LighthousePA

Where will Penrose be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Penrose, 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 Penrose
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Investment Insights & FAQ

Frequently asked questions about the Penrose property market in 2026.

As of March 2026, the Penrose property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 115.12%. These figures reflect the evolving demand within Wingecarribee, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Penrose range from $1,850,000 for houses. These values are calculated based on recent transaction data and current buyer activity across the Wingecarribee region.

For investors targeting cash flow, houses rent for $585 /pw with a 1.64% yield. This rental performance is a key indicator of strong tenant demand within the Penrose area.

Market Insights Last Updated: March 2026