Investment property in Penshurst has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.90%
Comparing Penshurst,2222 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Penshurst, 2222 is offering NSW ‘s 133th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
If you compare the increase in value of investment property in Penshurst, 2222 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.97%.
While Penshurst,2222 ranked number 418th in NSW for increase in median house value (annualised) increase, it is ranked 303th over the last 5 years.
Property buyers and investors in Penshurst 2222 should be seeing an average reduction in asking price of around -5.41% . This means that Penshurst is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.