Pennant Hills (postcode 2120) is a medium-sized suburb in New South Wales within the Hornsby local government area. The area has roughly 7,588 residents and an established family demographic, with a median age of 43. Households earn a median income of $127K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
Median house prices in Pennant Hills stand at $2.5 million, having surged by 16% over the last twelve months. Units have a median price of $370,000 (-48.3% YoY). The current median weekly rent is $668. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,700.
Pennant Hills is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1136, which is well above the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Hornsby LGA is low at 1,277 incidents per 100,000 population.
Looking at the investment signals, Pennant Hills shows a gross rental yield of approximately 1.4%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.4x is considered stretched. House prices have moved +16.0% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.