ABS 2021 Census · Updated 31 March 2026
Penrose is a regional centre in New South Wales, Australia, with a population of approximately 263, making it a boutique locality. Located approximately 127 km from the Sydney CBD, Penrose is a regional area in New South Wales. The median household income is $56,732 AUD per year (ABS 2021 Census).
Lower income levels in Penrose typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Penrose, New South Wales, Australia.
Official Australia Post postcode for Penrose. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Penrose on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, Penrose serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $390/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,580/month. 77% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Capital growth in Penrose may be constrained — consider alternative strategies.
Rental yields in Penrose are moderate — screen for properties that offer above-average returns.
Limited buyer depth in Penrose makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Penrose property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital growth in Penrose may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Penrose is thinner — flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.
Penrose is a regional area in New South Wales with a population of 263. The median rent is $390/week and the median household income is $56,732/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Penrose include regional employment hubs, lifestyle, and affordability. 77% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Penrose has a population of approximately 263. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Penrose is approximately 127 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.