If you compare the increase in value of investment property in Penshurst, 2222 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.84%.
Penshurst,2222 was ranked 590 in Australia by increase in median property value over the quarter.
The most recent median price for Penshurst is $1267500, with sellers offering an average of -8.58% off the asking price.
At number 1417 in a list of fastest selling suburbs, Penshurst is in the TOP 40% of suburbs in Australia with an average of days on market 68.91 for properties listed there.
Property value increases in Penshurst have tracked just lower than the NSW average of 6.07% over the last 12 months.
Taking the average capital gain, or increase in median house value, Penshurst,2222 has racked up an average of 1.74% over the period. This ranks it number 570th in the whole country for real estate investors looking at median house price increases.
At number 71th of NSW’s most discounted properties, Penshurst is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Penshurst have been waiting around 65.23 days to sell a property.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.