Back

Penshurst
NSW, 2222 - Georges River

Thinking about buying in Penshurst? Now could not be a better time, with 7464 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,229,000 with prices in this suburb ranging from $28,000 to $6,644,000. Penshurst is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $510.83
Median Monthly Mortgage $2523.41
Median Persons Per Bedroom 0.93
Average Household Size 2.79
Average Age 40.03
Average Income $846.31
Average Cars Per Dwelling 1.53
Average Properties Within 50M 58

Housing Stock

Average Property Prices

1 Bed  $698,000
2 Bed  $860,000
3 Bed  $1,816,000
4 Bed  $2,229,000
5 Bed  $2,691,000
6 Bed+$2,751,000

Penshurst Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Penshurst driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penshurst due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Penshurst provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Penshurst to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Penshurst the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Penshurst

Professionals 38 BURCHETT ST, PENSHURST, VIC, 3289 Beds3 Bathrooms1 Parking 3 $395,000

Local Schools

Hurstville Grove Infants School

Penshurst Public School

Georges River College Penshurst Girls Campus

St Declan's Catholic Primary School

Marist Catholic College Penshurst

Beverly Hills Public School

Penshurst West Public School

Hurstville South Public School

Carinya School

Woniora Road School

(While the above schools are located with the suburb of Penshurst there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Penshurst weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.711.728.229.591.05.524.7
Feb0.912.126.935.791.25.421.2
Mar1.210.623.740.992.65.216.6
Apr1.68.719.648.693.14.611.7
May2.16.815.362.194.94.88.7
Jun4.04.812.969.696.64.67.5
Jul2.64.812.371.096.85.37.5
Aug2.44.613.161.994.85.410.1
Sept2.15.915.655.294.45.414.4
Oct1.77.019.050.794.55.218.9
Nov1.38.422.043.294.35.222.2
Dec1.09.825.136.192.25.426.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

HurstvilleMortdaleHurstville GroveBeverly HillsSouth HurstvilleNarweeOatleyConnells PointAllawahPeakhurst

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!