07/09/2026
📊 AUGUST 2026 MARKET WRAP | Penrith & Blue Mountains Rental Snapshot
Thinking about your next move in the property market, or wondering how your investment is performing? Here is a simple look at what happened across our local rental markets this past August:
📍 Penrith LGA
Tight Competition: Fewer new properties came onto the market compared to last month and last year, keeping available options competitive for tenants.
Strong Returns: Investor yields climbed to an average of 3.4%, driven by steady growth in the median leased price, which hit $650pw.
Stable Activity: Leasing volume remained solid and steady as quality applicants were carefully selected.
📍 Blue Mountains LGA
Prices Holding Firm: Rental prices showed great stability, with the median leased price holding steady at $650pw (up 4.0% compared to last year).
Leasing Lift: We saw a healthy bump in properties successfully leased month-on-month, even though total active choice remains much tighter than last year.
Patience Pays Off: Average days on market crept up slightly to 18 days, proving that careful tenant selection remains key.
Whether you are looking to lease your property, expand your portfolio, or simply want to know what these shifts mean for your equity, our team is here to help frame market conditions and set you up for success.
💬 Want a precise update on your property's current value? Send us a message or comment below to arrange a complimentary appraisal!