Suburb Profile Report for Penshurst NSW (2222)

Penshurst House: Median price $1,120,000, Annual capital growth 6.42%, Number of sales 55, Weekly median advertised rent $618

Penshurst Unit: Median price $602,500, Annual capital growth 6.07%, Number of sales 86, Weekly median advertised rent $430

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

NSW has seen average median house prices change by 0.15% which means that Penshurst, 2222 has done well for property investors by showing a capital gain of -7.44% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Penshurst comes in at number 1264th in NSW.

At number 745th of NSW’s most discounted properties, Penshurst is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Situated 15.55km from the CBD, Penshurst is one of Georges River (A) localities in the postcode 2222.

With a capital gain of -6.59% for the last 12 months, Penshurst, 2222 has performed for property investments than its average annual 6.07% property growth over the last 5 years.

Penshurst,2222 has offered an average of -6.59% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Penshurst should be aiming for at least -5.54% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $430 mark per week – giving a return of 3.71% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,120,000 $602,500
0.45% 1.26%
-7.44% -6.59%
6.42% 6.07%
$618 $430
55 86
2.87% 3.71%
60.5 51.3373493975904

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 11692
Median household income ($/weekly) 1302
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1320 11.3
    25-34 years 2007 17.2
    35-44 years 1697 14.5
    45-54 years 1704 14.6
    55-64 years 1250 10.7
    Others 3714 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 4630 51.3
    Not Married 3890 43.1
    Defacto Relationship 508 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6191 55.4
    Croatia 1397 12.5
    India 293 2.6
    Indonesia 259 2.3
    Other 890 8.0
    Others 2153 19.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 596 5.5
    Christianity 6918 63.5
    Hinduism 514 4.7
    Islam 403 3.7
    No Religion 2366 21.7
    Others 92 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 380 9.6
    $600-$799 369 9.3
    $1,000-$1,249 363 9.1
    $1,500-$1,999 520 13.1
    $2,000-$2,499 403 10.1
    Others 1936 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3801 41.3
    Not in the labour force 3023 32.9
    Employed, worked part-time 1663 18.1
    Unemployed, looking for work 365 4.0
    Employed, away from work 344 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 566 9.7
    Professionals 1444 24.9
    Technicians & trades workers 695 12.0
    Community & personal service workers 547 9.4
    Clerical & administrative workers 1095 18.9
    Others 1459 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 164 5.8
    Infants/Primary 842 29.7
    Secondary 747 26.4
    Technical or Further Educational Institution 297 10.5
    University or other Tertiary Institutions 657 23.2
    Others 127 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5729 51.2
    Flat, unit or apartment 4411 39.4
    Semi-detached, row or terrace house, townhouse 1040 9.3
    House or flat attached to a shop, office 14 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1447 34.0
    Rented 1409 33.1
    Fully owned 1386 32.5
    Other tenure type 17 0.4
    Tenure Type
Census 2011, ABS
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