Pennant Hills

Pennant Hills is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of November 2025, the estimated population of Pennant Hills is around 7,846, reflecting a growth of 3.4% since the 2021 Census when it was recorded at 7,588 people. This increase is inferred from AreaSearch's estimation of the resident population at 7,745 based on the latest ERP data release by the ABS in June 2024 and an additional validated new address since the Census date. The suburb's population density stands at 1,282 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Pennant Hills' growth of 3.4% since the census is within 2.3 percentage points of its SA3 area (5.7%), indicating strong growth fundamentals. Overseas migration contributed approximately 85.0% to overall population gains in recent periods. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.

For areas not covered by this data, NSW State Government's SA2 level projections from 2022 with a base year of 2021 are used. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. According to these projections, the suburb's population is expected to decline by 86 persons by 2041. However, specific age cohorts are anticipated to grow, with the 75 to 84 age group projected to increase by 254 people over this period.

Residential development activity is lower than average in Pennant Hills according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers allocated from statistical area data shows Pennant Hills averaged around 18 new dwelling approvals each year over the past five financial years, totalling an estimated 92 homes. As of FY-26 so far, 7 approvals have been recorded. Over the same period, an average of 0.3 new residents per year per dwelling constructed was observed.

This suggests that new construction is matching or outpacing demand, offering buyers more options and enabling population growth. The average value of new dwellings developed in Pennant Hills is $599,000, moderately above regional levels, indicating an emphasis on quality construction. Compared to Greater Sydney, Pennant Hills has significantly less development activity, 66.0% below the regional average per person. This scarcity typically strengthens demand and prices for existing properties, though recent construction activity has intensified. Nationally, development activity is also lower, reflecting market maturity and possible development constraints.

New development consists of 78.0% standalone homes and 22.0% medium and high-density housing, sustaining the area's suburban identity with a concentration of family homes suited to buyers seeking space. With around 302 people per dwelling approval, Pennant Hills shows characteristics of a low density area. Population is expected to remain stable or decline, potentially reducing pressure on housing and creating opportunities for buyers.

Pennant Hills has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 18 projects that may affect this region. Notable projects include Keynote Residences Beecroft, Federal Road Safety Program - Beecroft Road Safety Improvements, Thornleigh Quarter, and Pennant Hills Marketplace Refurbishment. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Pennant Hills demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Pennant Hills has a highly educated workforce with notable representation in the technology sector. Its unemployment rate is 3.2%, lower than Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 13.0%. As of June 2025, 4664 residents are employed, with an unemployment rate of 3.2%, 1 percentage point below Greater Sydney's rate. Workforce participation is 62.3%, slightly higher than Greater Sydney's 60.0%. Leading employment industries include health care & social assistance, professional & technical services, and education & training.

Pennant Hills has a strong specialization in education & training, with an employment share of 1.5 times the regional level. However, construction employs only 5.1% of local workers, below Greater Sydney's 8.6%. Employment levels increased by 13.0% between June 2024 and June 2025, while labour force grew by 11.2%, leading to a decrease in unemployment rate by 1.5 percentage points. In contrast, Greater Sydney recorded employment growth of 2.6%, labour force growth of 2.9%, and an increase in unemployment rate by 0.3 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest that national employment is projected to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Pennant Hills' employment mix indicates a potential local employment increase of 7.3% over five years and 14.8% over ten years, based on simple weighting extrapolation for illustrative purposes.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

Pennant Hills' income level is extremely high nationally according to latest ATO data aggregated by AreaSearch for financial year 2022. Pennant Hills' median income among taxpayers is $57,167 and average income stands at $87,799. These figures compare to Greater Sydney's median of $56,994 and average of $80,856 respectively. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates would be approximately $64,376 (median) and $98,870 (average) as of September 2025. From the 2021 Census, household, family and personal incomes all rank highly in Pennant Hills, between the 73rd and 88th percentiles nationally. Income brackets indicate that 28.4% of individuals earn between $1,500 and $2,999 weekly, consistent with broader trends across the region showing 30.9% in the same category. Notably, 41.3% earn above $3,000 weekly. Housing accounts for 14.4% of income while strong earnings rank residents within the 89th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.

Pennant Hills is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Pennant Hills, as per the latest Census data, 73.4% of dwellings were houses, with the remaining 26.6% being semi-detached homes, apartments, and other types. This is compared to Sydney's metropolitan area, where 60.5% of dwellings are houses and 39.5% are other dwelling types. Home ownership in Pennant Hills stood at 38.9%, with mortgaged dwellings at 37.1% and rented dwellings at 24%. The median monthly mortgage repayment was $2,700, lower than the Sydney metro average of $2,817. The median weekly rent in Pennant Hills was $500, matching the Sydney metro figure but higher than the national average of $375. Nationally, Pennant Hills' median monthly mortgage repayments were significantly higher at $2,700 compared to the Australian average of $1,863.

Pennant Hills features high concentrations of family households, with a fairly typical median household size

Family households account for 79.2% of all households, including 42.5% that are couples with children, 25.2% that are couples without children, and 10.2% that are single parent families. Non-family households make up the remaining 20.8%, with lone person households at 19.0% and group households comprising 1.9% of the total. The median household size is 2.8 people, which matches the Greater Sydney average.

Pennant Hills demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Educational attainment in Pennant Hills is notably high, with 52.3% of residents aged 15 and above holding university qualifications. This figure exceeds the national average of 30.4% and the NSW average of 32.2%. Bachelor degrees are the most common at 31.8%, followed by postgraduate qualifications (16.5%) and graduate diplomas (4.0%). Vocational pathways account for 22.5% of qualifications among those aged 15 and above, with advanced diplomas at 11.4% and certificates at 11.1%.

Educational participation is significant, with 31.1% of residents currently enrolled in formal education. This includes 9.5% in primary education, 8.6% in secondary education, and 7.7% pursuing tertiary education. Pennant Hills has five schools with a combined enrollment of 1,978 students. The area demonstrates strong socio-educational advantages and academic achievement, indicated by an ICSEA score of 1140. Education provision is balanced with three primary and one secondary school serving distinct age groups, and a specialist school addressing specific learning needs. School capacity exceeds typical residential needs, with 25.2 places per 100 residents compared to the regional average of 17.5, suggesting that Pennant Hills serves as an educational center for the broader region. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Pennant Hills has 40 active public transport stops, serving a mix of train and bus routes. These stops are covered by 91 individual routes, facilitating 4,981 weekly passenger trips in total. The accessibility of these services is rated as good, with residents typically residing about 204 meters from the nearest stop.

On average, there are 711 trips per day across all routes, translating to approximately 124 weekly trips per individual stop.

Pennant Hills's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Pennant Hills. Prevalence of common health conditions across all age groups is very low.

Approximately 62% of the total population (4,830 people) have private health cover, higher than the national average of 55.3%. The most common medical conditions are arthritis and asthma, impacting 6.4 and 6.3% of residents respectively. 73.4% of residents declare themselves completely clear of medical ailments, compared to 78.1% across Greater Sydney. 19.8% of residents are aged 65 and over (1,553 people), higher than the 17.2% in Greater Sydney. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.

Pennant Hills is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Pennant Hills has a high level of cultural diversity, with 37.4% of its population speaking a language other than English at home and 41.6% born overseas. Christianity is the predominant religion in Pennant Hills, making up 50.4% of the population. Hinduism is overrepresented compared to Greater Sydney, comprising 5.0% versus 2.9%.

The top three ancestry groups are English (20.4%), Australian (18.8%), and Chinese (14.6%), with notable differences from regional averages for Korean (3.0% vs 5.4%), Sri Lankan (0.9% vs 0.7%), and Russian (0.6% vs 0.4%).

Pennant Hills hosts an older demographic, ranking in the top quartile nationwide

The median age in Pennant Hills is 43 years, which is higher than Greater Sydney's average of 37 years and exceeds the national average of 38 years. The age profile shows that those aged 55-64 make up 13.3% of the population, while those aged 25-34 constitute only 8.5%. From 2021 to present, the percentage of 15-24 year-olds has increased from 13.0% to 14.5%, while the 35-44 age group has decreased from 13.4% to 12.6%. By 2041, demographic projections indicate that the 75-84 age cohort will increase by 228 people (43%), rising from 533 to 762. Notably, all population growth in Pennant Hills will come from those aged 65 and above, reflecting its aging demographic trend. Conversely, the 45-54 and 15-24 age groups are expected to experience population declines.