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Investment Property Penshurst, NSW, 2222

Suburb Snapshot

Penshurst is a suburb in the Georges River Region of New South Wales. Penshurst has a population of 12,783 people and 33.10% of its occupants live in rental accommodation. The median listing price for houses is $1,597,500 and this has changed -13.65% over the past year and changed -8.72% over 2 years.

The median rent in Penshurst for houses is $760 per week and the median rental yield is 2.47%. Stock on the market for houses/townhouses has changed 100.00% compared to last year and the average time to sell a house/townhouse is 48 days.The median listing price for units is $628,500 and this has changed 7.43% over the past year. The average unit takes 69 days to sell and the median rent for a unit in Penshurst is $580 per week, producing a rental yield of 4.79%.

Supply & Demand in Penshurst, Georges River

1.08%

Current vacancy rate


56

Rental stock available


12,783

Population


33.10%

Rental population


1.04%

Current vacancy rate


598

Rental stock available


146,835

Population


29.10%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Penshurst, Georges River

  House Townhouses Units
Median listing price $1,597,500 $650,000 $628,500
Median price change - last quarter 0.00% -33.68% -2.56%
Median price change - 1 year -13.65% NA 7.43%
Median price change - 2 years -8.72% NA 13.24%
  House Townhouses Units
Median weekly rent $760 $820 $580
Median yield % 2.47% 6.56% 4.79%
Median rent change - 1 year -5.00% 9.33% 6.42%
  House Units
Previous month sales 6 6
Stock on market previous month 20 22
Stock variance vs. last year 100.00% 0.00%
Average days on market 48 69

Penshurst investment property listings

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