Get a property report and suburb profile for any property in Jordan Springs

Jordan Springs is a relatively new, master-planned suburb on the western edge of Penrith, centred on a man-made lake and surrounding parkland that give it a lakeside, park-side character. Housing is mostly contemporary detached homes with some townhouses on neat, tree-lined streets, and the area has a quiet, family-oriented residential feel. A village-style shopping precinct, playgrounds, walking paths and community green space meet everyday needs, while larger retail and Penrith train station are within easy reach.

The suburb is home to 11,772 people and has a median age of 30; families make up the bulk of households, with couple families with children the largest group. Most homes are owner-occupied, and a new public high school is being built to serve the area alongside improvements to walking, cycling and public-transport access. Whether Jordan Springs suits you depends on whether you want a modern, settled neighbourhood with nearby parks and local services.

Buying looks stretched in Jordan Springs: the median house price of $1,148,750 is about 8.9 times a typical local household's annual income at the last Census. Renting is relatively less stretched, with a house rent of $790 a week taking about 32% of a typical local household's weekly income at the last Census, and a unit rent of $620 a week taking about 25%. On these figures, renting generally looks the more manageable option compared with buying, though whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The clearest movement in Jordan Springs over the past year is that unit rents jumped 12.7%. For someone focused on rental income, that is the most relevant figure: unit rents rose strongly while unit values rose a more modest 4.9%, so the rent a unit earns increased faster than its capital value. At the same time, house values climbed 12.5% over the year, a strong rise, while house rents increased 5.3%, a solid rise, so for houses capital growth outpaced rent growth during the period.

Overall, house prices rose more than unit prices, and unit rents rose more than house rents. Whether that balance suits you depends on whether you prioritise capital growth or rental income and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.