Giving property investors a an unimpressive capital gain of -1.65% for the last year, Penshurst, 2222 is the 3110th 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 442th in NSW.
Property investors looking for a bargain in Penshurst should be aiming for at least -11.53% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 67 properties changed hands in Penshurst, which puts it as the 475th most active market in NSW when comparing the number of sales per suburb.
Situated 15.52km from the CBD, Penshurst is one of Hurstville localities in the postcode 2222.
At number 1180th in the list of Australian suburbs ordered by increase in median house value over the last year, Penshurst, 2222 is in the BOTTOM 40% with a property value increase of -0.36% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Penshurst comes in at number 323th in NSW.
Our latest figures would indicate that property sellers in Penshurst are currently offering property investors an average price cut of -5.96% below the asking price at the moment.
On average over the past year, suburb has had 11.50 sales per month, which equates to 138 per year.
Property investors should expect to get $415 weekly from the median priced house in this suburb.