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

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, the suburb of Pennant Hills' population is estimated at around 7,928 as of February 2026. This reflects an increase of 340 people (4.5%) since the 2021 Census, which reported a population of 7,588 people. The change is inferred from the resident population of 7,760 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional one validated new address since the Census date. This level of population equates to a density ratio of 1,295 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Pennant Hills' 4.5% growth since census positions it within 2.3 percentage points of the SA3 area (6.8%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration that contributed approximately 85.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Over this period, projections indicate a decline in overall population, with the suburb's population expected to reduce by 97 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 75 to 84 age group, which is projected to increase by 269 people.

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 shows Pennant Hills averaged around 19 new dwelling approvals annually over the past five financial years, totalling an estimated 97 homes. As of FY-26, 14 approvals have been recorded. The average increase in residents per year per dwelling constructed between FY-21 and FY-25 was 0.3. New construction has matched or outpaced demand, offering buyers more options while supporting population growth that could exceed current expectations.

Average expected construction cost value for new dwellings is $599,000, indicating focus on the premium market with high-end developments. In FY-26, there have been $9.5 million in commercial approvals, demonstrating moderate levels of commercial development compared to Greater Sydney where Pennant Hills shows substantially reduced construction, 65.0% below regional average per person. This limited new supply generally supports stronger demand and values for established homes, though building activity has accelerated in recent years, still under the national average. New building activity comprises 78.0% detached dwellings and 22.0% townhouses or apartments, maintaining Pennant Hills' traditional suburban character with focus on family homes appealing to those seeking space. With around 327 people per dwelling approval, Pennant Hills shows characteristics of a low density area.

Population is expected to remain stable or decline, reducing pressure on housing and potentially 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 expected to affect the region. Notable ones 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 likely to be 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.

The employment environment in Pennant Hills shows above-average strength when compared nationally

Pennant Hills has a highly educated workforce, with the technology sector notably represented. Its unemployment rate was 3.4% as of AreaSearch's latest aggregation of statistical area data. Over the past year, estimated employment growth was 5.5%.

As of December 2025, 4,500 residents were employed, with an unemployment rate of 0.8% below Greater Sydney's rate of 4.2%. Workforce participation was similar to Greater Sydney's 70.2%. According to Census responses, 55.9% of residents worked from home, potentially influenced by Covid-19 lockdowns. Dominant employment sectors included health care & social assistance, professional & technical, and education & training, with the latter being particularly concentrated at 1.5 times the regional average.

Conversely, construction was under-represented at 5.1% compared to Greater Sydney's 8.6%. Local employment opportunities appeared limited based on Census data comparing working population to resident population. Between December 2024 and December 2025, employment increased by 5.5%, while labour force grew by 4.7%, reducing the unemployment rate by 0.7 percentage points. In contrast, Greater Sydney experienced slower growth with employment increasing by 2.2% and labour force by 2.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Pennant Hills. Applying these projections to Pennant Hills' employment mix indicates local employment could increase by 7.3% over five years and 14.8% over ten years, though these are simple weighted extrapolations for illustrative purposes only and do not account for localised population projections.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

Pennant Hills suburb shows median taxpayer income of $57,167 and average income of $87,799 according to latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is higher than Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth of 8.86% since financial year 2023, estimated incomes as of September 2025 would be approximately $62,232 (median) and $95,578 (average). Census data shows household, family and personal incomes in Pennant Hills rank highly nationally, between 73rd and 88th percentiles. The earnings profile indicates that 28.4% of locals (2,251 people) earn between $1,500 - 2,999 per week, similar to the metropolitan region where 30.9% fall into this bracket. Affluence is evident with 41.3% earning over $3,000 per week, supporting premium retail and service offerings. Housing accounts for 14.4% of income. Strong earnings place 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 evaluation, 73.4% of dwellings were houses with the remaining 26.6% comprising semi-detached homes, apartments, and other dwelling types. This contrasts with Sydney metropolitan areas which had 55.9% houses and 44.1% other dwellings. Home ownership in Pennant Hills stood at 38.9%, with mortgaged dwellings at 37.1% and rented ones at 24%. The median monthly mortgage repayment in the area was $2,700, higher than Sydney metro's average of $2,427. Weekly rent median was $500 compared to Sydney metro's $470. Nationally, Pennant Hills' mortgage repayments were significantly higher at $1,863 and rents substantially above the national average of $375.

Pennant Hills features high concentrations of family households, with a higher-than-average median household size

Family households comprise 79.2% of all households, including 42.5% couples with children, 25.2% couples without children, and 10.2% single parent families. Non-family households account for the remaining 20.8%, with lone person households at 19.0% and group households comprising 1.9%. The median household size is 2.8 people, which is larger than the Greater Sydney average of 2.7.

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

Pennant Hills has a notably high educational attainment among residents aged 15 and above, with 52.3% holding university qualifications. This figure surpasses both the national average of 30.4% and the New South Wales (NSW) average of 32.2%. The area's residents have a substantial educational advantage, which positions them strongly for knowledge-based opportunities. Bachelor degrees are the most common at 31.8%, followed by postgraduate qualifications at 16.5% and graduate diplomas at 4.0%.

Vocational pathways account for 22.5% of qualifications among those aged 15 and above, with advanced diplomas making up 11.4% and certificates 11.1%. Educational participation is notably high in Pennant Hills, 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.

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

Pennant Hills has 55 active public transport stops offering a mix of train and bus services. These stops are served by 90 individual routes, facilitating 6,223 weekly passenger trips in total. Transport accessibility is considered good, with residents typically located 203 meters from the nearest stop. As a predominantly residential area, most commuters travel outward. Car remains the primary mode of transport at 76%, while train usage stands at 13% and walking at 5%. On average, there are 1.3 vehicles per dwelling.

According to the 2021 Census, 55.9% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 889 trips per day across all routes, equating to approximately 113 weekly trips per stop.

Pennant Hills's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Pennant Hills' health outcomes data shows excellent results based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups.

Approximately 62% of Pennant Hills residents have private health cover, higher than the national average of 55.7%. The most prevalent medical conditions are arthritis (affecting 6.4% of residents) and asthma (6.3%), while 73.4% of residents report being completely clear of medical ailments, compared to 74.6% across Greater Sydney. Pennant Hills has a higher proportion of seniors aged 65 and over, with 20.6% of its population falling into this age group (1,633 people), compared to 15.4% in Greater Sydney. Health outcomes among seniors are strong, generally aligning with national rankings for the general population.

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' cultural diversity is notable, with 37.4% speaking a language other than English at home and 41.6% born overseas. Christianity is the predominant religion, comprising 50.4%. Hinduism's representation is higher in Pennant Hills at 5.0%, compared to Greater Sydney's 5.2%.

The top three ancestry groups are English (20.4%), Australian (18.8%), and Chinese (14.6%), which exceeds the regional average of 8.4%. Other ethnicities with notable divergences include Korean (3.0% vs regional 1.1%), Sri Lankan (0.9% vs 0.3%), and Russian (0.6% vs 0.4%).

Pennant Hills hosts a notably older demographic compared to the national average

The median age in Pennant Hills is 43 years, significantly higher than Greater Sydney's average of 37 years and exceeding the national average of 38 years. The age profile shows that individuals aged 55-64 make up 13.5% of the population, while those aged 25-34 comprise only 8.1%. Between 2021 and present, the 15-24 age group has increased from 13.0% to 14.8%, and the 75-84 cohort has risen from 6.1% to 7.2%. Conversely, the 25-34 age group has decreased from 9.2% to 8.1%, and the 35-44 age group has dropped from 13.4% to 12.3%. By 2041, demographic projections indicate that the 75-84 age cohort will increase by 209 people (37%), from 570 to 780. Notably, all population growth in Pennant Hills is projected to come from those aged 65 and above, reflecting the area's aging demographic trend. Conversely, the 25-34 and 45-54 age groups are expected to experience population declines.