Back to results

Blackett vs Penrith vs Young — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $900kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Blackett

    NSW · 2770
    44Below trend
    Median
    $868k
    5y growth
    5.0%/yr
    BalancedStable but fully priced
  2. Penrith

    NSW · 2750
    51Average
    Median
    $895k
    5y growth
    7.8%/yr
    GrowthStable but fully priced
  3. Young

    NSW · 2594
    41Below trend
    Median
    $475k
    5y growth
    5.0%/yr
    BalancedWatch supply easing

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Blackett
Penrith
Young
Capital growth (5y)
weight 22%
505.0%/yr
787.8%/yr
505.0%/yr
Rental yield
weight 13%
371.9%
442.2%
552.7%
Rental demand
weight 10%
681.3%
681.3%
352.6%
Population growth
weight 12%
656.5%
656.5%
656.5%
Income growth
weight 12%
6416.0%
6416.0%
5213.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
44% under cap
11% under cap
4747% under cap
Supply tightening
weight 8%
75-5.0% YoY
75-5.0% YoY
20+6.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Blackett

    0/8

    No outright lead on any single dimension.

  2. Penrith

    1/8
    • Capital growth (5y)
  3. Young

    2/8
    • Rental yield
    • Affordability

Why Blackett

Stable but fully priced

listings tightening 5.0% YoY, tight 1.3% vacancy.

Drivers
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Population growth+6.5% (5y)
  • Income growth+16.0% (5y)
Risks
  • At top of budget (96% of cap)
  • Thin gross yield (1.9%)

Construction ·M12 Motorway14.3 kmConstruction · 2026

Why Penrith

Stable but fully priced

7.8%/yr capital growth, listings tightening 5.0% YoY.

Drivers
  • Capital growth7.8%/yr
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Population growth+6.5% (5y)
Risks
  • At top of budget (99% of cap)
  • Thin gross yield (2.2%)

Construction ·M12 Motorway14.7 kmConstruction · 2026

Why Young

Watch supply easing

population +6.5% (5y), 2.7% gross yield.

Drivers
  • Population growth+6.5% (5y)
Risks
  • Listings up 6.0% YoY — supply easing
  • No major construction project in this state

Construction ·Sydney Metro — Western Sydney Airport229.3 kmConstruction · 2026