Giving property investors a an unimpressive capital gain of -1.64% for the last year, Penshurst, 2222 is the 3032th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Penshurst comes in at number 601th in NSW.
Vendor discounting in Penshurst is giving property investors an average Vendor Discount of around -9.23%. This puts suburb at number 76th in NSW when ranking the most discounted suburbs.
A $562.5 per week rent on the median house gives suburb investors a gross yield of circa 2.44%, without taking into account capital value appreciation, which has been averaging out at 8.21%.
At number 1267th in the list of Australian suburbs ordered by increase in median house value over the last year, Penshurst, 2222 is in the BOTTOM 30% with a property value increase of -2.22% recorded in median house prices.
Penshurst,2222 has offered an average of -2.22% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Penshurst is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 78th in terms of most discounted suburbs in NSW
Penshurst is 360th on a list of best yielding suburbs for rents in NSW with a 3.91% return