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This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.
SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.
Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
est. as @ -- *
2021 Census | -- people
The median house price in Pennant Hills is $2.10m, with units at $730k. House values have moved 2.1% a year compounded over five years.
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Pennant Hills has an estimated 7,556 residents, down from 7,588 at the 2021 Census. That puts 1,235 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.
Detail
Based on evaluation of ABS demographic releases for the wider region and fresh locations confirmed by AreaSearch post-Census, the suburb of Pennant Hills has an estimated population of roughly 7,556 as of May 2026. This represents a contraction of 32 residents (0.4%) relative to the 2021 Census, which counted 7,588 individuals. The shift is calculated using the resident population of 7,549, estimated by AreaSearch following analysis of the most recent ABS ERP publication (June 2025) along with a single validated new address since the Census. This count places the density ratio at 1,234 persons per square kilometer, which exceeds the typical value across locations nationally evaluated by AreaSearch.
Inward overseas migration was the primary driver of population growth locally, accounting for approximately 85.0% of recent population increases. For each SA2 boundary, AreaSearch uses ABS and Geoscience Australia projections published in 2024 using 2022 as the base year, substituting NSW State Government SA2 projections published in 2022 using 2021 as the base year where necessary. Growth rates by age brackets from these data sources are applied to all areas for the years 2032 to 2041. Looking at future demographic trends, projections show a drop in the overall population, with the suburb of Pennant Hills expected to decrease by 96 residents by 2041 under this approach. Conversely, expansion is projected in particular age brackets, led by the 75 to 84 cohort, which is expected to rise by 221 individuals. See the age section for more details.
Frequently Asked Questions - Population
41 new dwellings have been approved in Pennant Hills over the past five years, an average of 8 a year. That is 1.1 approvals per 1,000 residents. Few approvals have been recorded in the most recent months, well below the longer-run average; the latest ABS periods are still being reported. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.
Detail
Analysis by AreaSearch of ABS building permit statistics allocated from statistical areas shows that Pennant Hills averages about 8 residential approvals annually. This totals an estimated 41 dwellings approved during the last 5 financial years (from FY-21 to FY-25) and no approvals so far in FY-26. Given the local population decline, the volume of residential development has been relatively sufficient, which is favorable for purchasers. Additionally, commercial approvals have reached $9.5 million this financial year, demonstrating ongoing commercial investment. Pennant Hills experiences far less residential building activity than Greater Sydney, running 85.0% below the metropolitan per capita average.
This undersupply of new housing generally bolsters demand and valuations for established properties. Building activity is also lower than the national benchmark, reflecting a mature market and potential development constraints. The mix of new construction consists of 82.0% detached houses and 18.0% medium and high-density dwellings, preserving the classic suburban feel with a focus on spacious family homes. Given that population forecasts indicate stable or declining numbers, housing demand pressures in Pennant Hills are likely to ease, which should benefit buyers.
Frequently Asked Questions - Development
Development applications around Pennant Hills
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| Lodged | Address | Description | Type | Distance | Status |
|---|
SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
AreaSearch tracks 6 current infrastructure and development projects inside Pennant Hills, worth an estimated $179 million. A further 71 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $9.79 billion. 11 are already under construction and 22 are due for completion within three years. The pipeline spans residential development, transport & logistics and communities, precincts & urban renewal. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.
Detail
Local infrastructure projects, major works, and planning changes are key drivers of regional performance. AreaSearch has identified 18 projects that are expected to influence the local area. Key developments include Keynote Residences Beecroft, the Federal Road Safety Program - Beecroft Road Safety Improvements, Thornleigh Quarter, and the Pennant Hills Marketplace Refurbishment, with the most relevant ones detailed in the list below.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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.
Frequently Asked Questions - Infrastructure
Keynote Residences Beecroft
Mixed-use 5-storey residential and retail development featuring 34 luxury apartments with 2 ground floor retail spaces. Located in the heart of Beecroft with easy access to transport, schools, and amenities.
Pennant Hills Station Upgrade
Accessibility upgrade at Pennant Hills Station as part of the Transport Access Program (TAP). The station received an easy access upgrade, including lifts on each platform, and was one of the first low-patronage stations in Sydney to receive wheelchair access, with the present day footbridge built in May 1991 and accessibility improvements completed in 2016. Additional accessibility improvements were part of the wider TAP program (originally referred to as TAP 4, but the program is now known as Safe Accessible Transport) which continues to upgrade other stations in NSW.Amenities include a wheelchair accessible toilet, 'Kiss and Ride' stopping area, accessible car space, and lifts.
Pennant Hills Marketplace Refurbishment
An internal refresh and refurbishment of the Pennant Hills Market Place, including a new community corner, amenities corridor, signage, ceiling features, and seating areas. The works were delivered ahead of schedule and completed in mid-2023, for the then-owner Mirvac. The centre is now managed by Banna Property Group.
15-19 Station Street Mixed-Use Development Thornleigh
Approved six storey mixed use development at 15-19 Station Street, Thornleigh, comprising 48 residential apartments above ground floor commercial space with basement parking. The project is located immediately adjacent to Thornleigh Railway Station and was approved by Hornsby Shire Council under DA 2022/0432 to deliver higher density housing and local retail next to public transport.
Thornleigh Quarter
Thornleigh Quarter is a mixed use precinct by Holdmark planned to deliver about 326 apartments across three mid rise buildings with ground floor retail and cafe spaces, activated frontages to Pennant Hills Road and landscaped communal terraces and courtyards directly opposite Thornleigh Station.
Thornleigh Marketplace Redevelopment
Holdmark is progressing an approved redevelopment of the Thornleigh Marketplace neighbourhood shopping centre. The project involves significant additions including a new second-floor level above the rooftop car park, creating additional retail space, a food court, and rooftop terraces. Recent modifications approved in 2024 refined the layout to include a Woolworths direct-to-boot facility within the existing car park structure. The center remains anchored by Woolworths and Dan Murphys.
Beecroft to Cheltenham Shared Pathway
New shared pathway connecting Beecroft and Cheltenham to improve pedestrian and cycling connectivity.
Picture Pennant Hills Town Centre Review
Master planning review for Pennant Hills Town Centre focusing on revitalization while maintaining village character. Includes streetscape improvements, increased density options and community facility upgrades.
4,316 residents of Pennant Hills are employed, from a labour force of 4,471. Unemployment sits at 3.5%, with participation at 70.9%. Weighted for its industry mix, the area's sectors are forecast to grow about 7.3% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 6,536, about 86% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.
Detail
Data aggregated by AreaSearch from statistical area levels shows Pennant Hills has a highly qualified labor force, featuring strong representation in the technology industry, a jobless rate of just 3.5%, and steady employment levels over the prior year. In March 2026, 4,316 local residents were employed. The unemployment rate is 0.7% lower than the Greater Sydney rate of 4.1%, while workforce participation aligns closely with the metropolitan average of 69.1%. Census records show a high proportion of employed residents worked from home, at 55.9%, though this figure was likely influenced by COVID-19 restriction measures.
The major employment sectors for local residents are healthcare & social assistance, professional & technical services, and education & training. The local workforce is heavily specialized in education & training, representing 1.5 times the proportion seen across the wider region. In contrast, the construction sector is underrepresented, employing 5.1% of residents compared to 8.6% across the metropolitan area. The comparison between the working population at the Census and the resident population suggests that local employment opportunities are limited. AreaSearch analysis of SALM and ABS statistics for the broader statistical area indicates that over the 12 months ending March 2026, the number of employed residents rose by 0.3% and the labor force grew by 0.2%, maintaining a steady unemployment rate. In comparison, Greater Sydney saw employment rise by 1.9%, the labor force expand by 1.9%, and unemployment decline slightly. National employment projections from Jobs and Skills Australia released in May-25 offer additional context on future demand in Pennant Hills. These five and ten-year forecasts have been applied to the local workforce structure to model potential changes. While overall national employment is projected to grow by 6.6% over five years and 13.7% over ten years, the rates of change vary by sector. Projecting these industry trends onto the employment profile of Pennant Hills suggests local employment could rise by 7.3% over five years and 14.8% over ten years, assuming a basic weighted extrapolation that does not incorporate local population forecasts.
Frequently Asked Questions - Employment
Median household income in Pennant Hills is $2,433 a week (about $127,000 a year), with median personal income at $952 a week. ATO records put median taxable income at $57,167 a year against an average of $87,799. The average runs 54% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.
Detail
The most recent ATO postcode statistics from the 2023 financial year show that incomes in the suburb of Pennant Hills rank among the highest nationally, with a median of $57,167 and an average of $87,799. For comparison, the median and average incomes across Greater Sydney are $60,817 and $83,003 respectively. Adjusting for a 10.32% rise in the Wage Price Index since the 2023 financial year, current estimates point to a median of approximately $63,067 and an average of $96,860 as of March 2026. The 2021 Census confirms that household, family, and personal incomes in Pennant Hills are high, falling between the 73rd and 88th percentiles nationally.
The data shows that 28.4% of the population (2,145 individuals) falls into the weekly earnings bracket of $1,500 - $2,999, which is similar to the metropolitan average of 30.9%. Affluence is highlighted by the 41.3% of households earning more than $3,000 weekly, which underpins strong consumer demand. Housing expenses consume 14.4% of household income, while robust earnings place local residents in the 89th percentile for disposable income and the 9th decile for the SEIFA index of relative advantage and disadvantage.
Frequently Asked Questions - Income
Pennant Hills had 2,618 occupied dwellings at the 2021 Census, 73% detached houses and 15% apartments. 37% are owned with a mortgage, 24% rented and 39% owned outright. At that Census the median rent was $500 a week and the median mortgage repayment $2,700 a month, a total housing cost higher than 82% of areas nationally. Rent absorbs 20.6% of household income here and mortgage repayments 25.6%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.
Detail
According to the latest Census, residential dwellings in Pennant Hills consisted of 73.4% separate houses and 26.6% semi-detached properties, apartments, or other housing styles, compared to 55.9% houses and 44.1% other dwellings across the Sydney metropolitan area. The home ownership rate in Pennant Hills was significantly higher than the metropolitan average at 38.9%, with the remaining properties being purchased with a mortgage (37.1%) or rented (24.0%). The median mortgage payment was well above the Sydney average at $2,700 per month, while the median weekly rent was $500, compared to metropolitan averages of $2,427 and $470.
Globally within Australia, mortgage repayments in Pennant Hills are considerably higher than the national median of $1,863, and rents are also well above the national median of $375.
Frequently Asked Questions - Housing
Pennant Hills counted 2,618 households at the 2021 Census, averaging 2.8 people each. 43% are couples with children, more than in 84% of areas nationally, against 25% couples without children. 19% of households are people living alone, and families average 1.5 children. Household and family composition is measured only by the Census, so these are 2021 figures.
Detail
Families make up the majority of households at 79.2%, consisting of couples with children at 42.5%, couples without children at 25.2%, and single-parent households at 10.2%. Non-family living arrangements account for the remaining 20.8%, consisting of single-person households at 19.0% and group housing at 1.9%. The median household size is 2.8 people, which is slightly larger than the Greater Sydney average of 2.7.
Frequently Asked Questions - Households
52.3% of adults in Pennant Hills hold a university qualification, including 31.8% with a bachelor degree and 16.5% with postgraduate qualifications, higher than 98% of areas nationally. A further 11.1% hold a vocational qualification. 5 schools serve the area, with 1,978 enrolment places and an average ICSEA of 1,140 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.
Detail
Pennant Hills has a highly qualified population, with 52.3% of residents aged 15 and over holding a university degree, compared to 30.4% nationally and 32.2% across NSW. This high concentration of tertiary education positions the community well for professional services and knowledge sector roles. Bachelor degrees are the most common at 31.8%, followed by postgraduate degrees at 16.5% and graduate diplomas at 4.0%. Vocational qualifications are held by 22.5% of residents aged 15 and over, comprising advanced diplomas at 11.4% and vocational certificates at 11.1%. A significant proportion of the population is engaged in study, with 31.1% of residents enrolled in an educational institution.
This group includes 9.5% in primary schools, 8.6% in secondary schools, and 7.7% in higher education.
Frequently Asked Questions - Education
Schools Detail
Public transport in Pennant Hills reaches 55 stops on 90 routes, timetabled for about 6,200 services a week. The typical home sits about 200 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.3 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.
Detail
Public transport services in Pennant Hills consist of 55 active train and bus stops, which are serviced by 90 routes providing 6,223 weekly passenger trips. Transport connectivity is high, with the average distance to the nearest stop being 203 meters. Because the area is primarily residential, most workers commute out of the suburb, with private cars being the primary mode of travel at 76%, followed by trains at 13% and walking at 5%. Car ownership stands at an average of 1.3 vehicles per household. Additionally, 55.9% of employed residents worked from home, according to the 2021 Census, which may reflect pandemic-related restrictions.
Service frequency averages 889 daily departures across all transit routes, which represents approximately 113 weekly services per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
73.4% of residents in Pennant Hills report no long-term health condition, a healthier profile than 88% of areas nationally. 4.8% need daily assistance with core activities, and 61.6% hold private health cover. The standardised death rate runs at 4.2 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.
Detail
Health outcomes in Pennant Hills are excellent, as indicated by AreaSearch's analysis of mortality figures and chronic disease rates, which shows a very low occurrence of common health conditions across all age groups. Private health insurance coverage is exceptionally high, covering approximately 62% of the population (4,652 people), compared to the national benchmark of 55.7%. Arthritis and asthma are the most common chronic conditions, affecting 6.4% and 6.3% of residents respectively, while 73.4% of the population reported having no chronic medical conditions, compared to 74.6% in Greater Sydney. Residents aged 65 and over make up 19.7% of the population (1,488 people), which exceeds the Greater Sydney average of 15.5%.
The health status of these older residents is particularly strong, ranking similarly to the broader population.
Frequently Asked Questions - Health
41.6% of Pennant Hills residents were born overseas and 37.4% speak a language other than English at home, more culturally diverse than 83% of areas nationally. The largest reported ancestries are English (20.4%) and Australian (18.8%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.
Detail
Pennant Hills displays significant cultural diversity, with 37.4% of the population speaking a non-English language at home and 41.6% born outside Australia. Christianity is the most common religious affiliation, representing 50.4% of the population. Hinduism shows a notable relative presence at 5.0% of the population, compared to 5.2% across Greater Sydney. Regarding ancestral backgrounds, the top three declared ancestries in Pennant Hills are English at 20.4%, Australian at 18.8%, and Chinese at 14.6%, which is much higher than the metropolitan average of 8.4%. Other ethnic groups showing higher representation than the wider region include Korean at 3.0% (compared to 1.1% regionally), Sri Lankan at 0.9% (compared to 0.3%), and Russian at 0.6% (compared to 0.4%).
Frequently Asked Questions - Diversity
The median resident of Pennant Hills is 43. 23.8% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.
Detail
The median age of 43 in Pennant Hills is higher than the Greater Sydney median of 37 and the national median of 38. The 55 - 64 age bracket is highly represented at 13.3%, while the 25 - 34 bracket is relatively small at 8.8% compared to the Sydney average. Since 2021, the proportion of residents aged 15 to 24 grew from 13.0% to 15.0%, whereas the 35 to 44 age cohort declined from 13.4% to 12.1%. Looking ahead to 2041, demographic projections indicate shifts in the age profile, with the 75 to 84 age group expected to grow by 201 people (39%) from 513 to 715.
Residents aged 65 and over are projected to account for the entirety of the net population growth, reflecting an aging population, while the 45 to 54 and 25 to 34 brackets are projected to decrease.
Frequently Asked Questions - Age
Data & MethodBoundaries, Sources & Method for Pennant Hills
9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.
Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.
The ledger — source, cycle and currency by section
| Section | Source & update cycle | Currency |
|---|---|---|
| Updated within the last 12 months 9 sections | ||
| Population | ABS, GNAF, Geoscience Australia Annual (ABS ERP) | May 2026 3 months ago headline measures · 2021 Census baseline |
| Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline. | ||
| Age profile | ABS, Geoscience Australia, State governments Annual | May 2026 3 months ago headline measures · 2021 Census baseline |
| Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate. | ||
| Development & approvals | ABS, GNAF Monthly (ABS approvals) | Jun 2026 2 months ago headline measures · May 2026 baseline |
| Property sales & rents | Valuer General, Rental Board, ABS Weekly sales, quarterly rents | Aug 2026 this month all 21 measures |
| Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026. | ||
| Infrastructure projects | Infrastructure Australia, State agencies, Local governments Daily | Dec 2025 8 months ago all 6 projects tracked here |
| Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Dec 2025. | ||
| Employment | ABS, DEWR, JSA Quarterly (ABS SALM) | Mar 2026 5 months ago headline measures · 2021 Census baseline |
| Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census. | ||
| Education | ABS, ACARA Annual (ACARA) | Aug 2026 this month headline measures · 2021 Census baseline |
| Transport | ABS, State Transport Departments Each timetable release | Jul 2026 last month headline measures · 2021 Census baseline |
| Services & amenities | Provider directories, ACECQA Continuous | Jul 2026 last month all 14 measures |
| Annual and financial-year sources 2 sections | ||
| Income | ABS, ATO Annual (ATO) | FY 2023 3 years ago headline measures · 2021 Census baseline |
| ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail. | ||
| Health | ABS, ATO Annual | 2024 2 years ago headline measures · 2021 Census baseline |
| Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current. | ||
| Housing | ABS 5-yearly (Census) | 2021 Census next update 2026 all 30 measures |
| Households | ABS 5-yearly (Census) | 2021 Census next update 2026 all 18 measures |
| Cultural diversity | ABS, Geoscience Australia 5-yearly (Census) | 2021 Census next update 2026 all 44 measures |
"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.
How the numbers are built
Population
The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 1 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (7,588 at the 2021 Census → 7,556 now). Annual growth rates are compound (CAGR), not simple averages.
Age profile
Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".
Property sales
Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.
Rents
Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.
Development & infrastructure
Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.
Employment & income
Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.
Education, transport & amenities
School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.
Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.
Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.
Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL13194). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.