Pennington vs Rosewater

Pennington (median $960,000) is roughly 1% cheaper to buy into than Rosewater ($965,000).

Buying in Pennington or Rosewater?

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Pennington and Rosewater side by side

MeasurePenningtonRosewater
Price and market
Median house$960,000$965,000
Median unit$228,240$228,240
House price change, 12 months+21.1%–
Renting
House rent$500/wk$585/wk
Unit rent$408/wk$400/wk
Owner occupied59.0%66.0%
Renter occupied39.0%31.0%
Schools
Schools nearby2020
Average ICSEA992998
Lifestyle and people
Walk score7286
Transit score00
Bike score100100
Population3,7733,582
Median age4139
Climate
Annual rainfall403 mm401 mm
Mean max, January29.9°C29.5°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Rosewater scores higher on walkability (72/100 vs 86/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Rosewater (998) sits above Pennington (992).

For buyers
Pennington is the lower entry point at $960,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rosewater offers the higher gross rental yield (3.15% vs 2.71%), favouring cash-flow investors.
For families
Rosewater edges out on average school ICSEA (998 vs 992).

Pennington vs Rosewater: common questions

Is Pennington or Rosewater cheaper to buy in?

Pennington has the lower median house price at $960,000, roughly 1% below Rosewater ($965,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Pennington or Rosewater have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Rosewater scores 998 vs 992 in Pennington. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Pennington or Rosewater?

Rosewater scores 86/100 on walkability vs 72/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Pennington or Rosewater?

Gross rental yield on houses is 3.15% in Rosewater vs 2.71% in Pennington. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.