Penshurst, NSW

UNDERVALUED

10,225 sales · 36 years of data · NSW, Australia

$740,000
Median (All)
$2,010,000
Median (Houses)
$665,000
Median (Apartments)
1.5%
10yr CAGR
3.6%
36yr CAGR
47.5%
Strata %
36 years of data · 10,225 sales analysed · 2,500+ suburbs · Updated weekly

Penshurst, NSW Property Market Overview

Penshurst, NSW, 2222, is a well-established suburb in Sydney, offering a mix of housing options. With 36 years of recorded sales data, AusPropertyInsights.app has analysed over 10,000 property transactions in the area, providing a comprehensive view of the local market. The current median property price in Penshurst (all types) is $740,000.

Penshurst is notable for its diverse property landscape, with a current median house price of $2,010,000 and a current median apartment price of $665,000. The suburb's mature market is reflected in its long-term growth patterns and established community.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $580,270
Based on the 10-year compound annual growth rate of 1.5%
Mixed housing48% apartments
53% of sales are houses and other non-strata properties
Loading chart...

Property Mix

53%
48%
Houses 53%$2,010,000Apartments 48%$665,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Penshurst

Street Rankings

Top streets in Penshurst, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1George StHouse5$1,700,000
2Arcadia StHouse6$1,887,500
3Carruthers StHouse7$1,520,000
4Kuroki StHouse7$1,750,000

... and 103 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
See all streets
Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Queensbury RdHouse4$5,389/m²
2Rostrov StHouse3$4,957/m²
3Inverness AveHouse6$4,791/m²
4Maclaurin StHouse3$5,357/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1King Georges RdApartment+7.0%
2Forest RdHouse+9.2%
3Cambridge StHouse+5.6%
4Pacific AveHouse+5.6%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

58
apartment buildings analysed
#AddressSalesMedian$/m²
116 St Georges Rd4$975,000$5,728/m²
21 Austral St6$1,050,500$4,810/m²
3556 Forest Rd7$755,000$5,128/m²
459 Victoria Ave4$740,000$6,491/m²

... and 54 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

51
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

48%
apartments across 58 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Penshurst analysis

107 streets and 58 buildings to explore

Free (you have this)
Subscriber ($9/mo)
3 street rankings
All 107 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
58 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 10,225 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Penshurst at a Glance

Region
St George
CBD Distance
17km south-west of Sydney CBD
Train Station
Penshurst Station (T8 Airport Line)
Council
Georges River Council
Property Character
Established residential with a mix of houses and apartments
Community
Families and professionals

Penshurst, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Penshurst, NSW

Living in Penshurst offers a blend of convenience and community. The suburb is well-serviced by public transport, including Penshurst train station, making it easy to commute to the Sydney CBD and surrounding areas. Penshurst also boasts a selection of local shops and restaurants, providing residents with everyday amenities.

Families are drawn to Penshurst due to its proximity to quality schools, such as Penshurst Public School and St Declan's Catholic Primary School. Parks and recreational areas, including Hurstville Golf Course and Penshurst Park, offer green spaces for outdoor activities. The suburb maintains a friendly, community-oriented vibe, making it an appealing place to call home.

The Penshurst shopping strip provides a range of services and retail options, catering to the needs of local residents. The area offers a balance between suburban tranquility and urban convenience.


Who Buys in Penshurst?

Penshurst attracts a diverse range of buyers, reflecting its varied property types and price points. With a strata percentage of 47.5%, apartments are a popular option for first-home buyers and investors looking for more affordable entry points. The current median apartment price is $665,000.

The higher median house price of $2,010,000 tends to attract established families seeking larger homes. The suburb's historical growth, with a 10-year CAGR of 1.5% and a 20-year CAGR of 3.7%, also appeals to long-term investors looking for steady returns. The combination of housing options and price points creates a diverse buyer profile in Penshurst.

Market Analysis

Currently, AusPropertyInsights.app analysis indicates that Penshurst is positioned below its long-term trend. This means the suburb is currently in undervalued territory based on historical price patterns. This positioning reflects broader market conditions affecting Sydney property as of early 2026.

The cycle position provides a snapshot of where Penshurst sits relative to its historical performance. While the data indicates it's in undervalued territory, this observation is based on past trends and doesn't guarantee future price movements. It suggests, however, that Penshurst is currently performing below its typical long-term trajectory.


Is Penshurst a Good Investment?

Penshurst's historical growth patterns and current cycle position offer insights into its potential as a property market. The suburb's full-period CAGR of 3.6% demonstrates its long-term growth trajectory. The 10-year and 20-year CAGRs of 1.5% and 3.7%, respectively, provide a view of its more recent performance.

As of early 2026, Penshurst is currently positioned below its long-term trend. This cycle position reflects a potential point of entry for buyers who believe in the suburb's underlying value and long-term growth prospects. Penshurst's established infrastructure, transport links, and community amenities contribute to its appeal as a residential area. Its current cycle position suggests an opportunity for future growth, based on AusPropertyInsights.app's historical trend analysis.


Penshurst Market Outlook

As of early 2026, the property market in Penshurst is currently positioned below its long-term trend. This observation is based on historical price patterns and current market conditions. Recent price trends in Penshurst reflect broader market dynamics affecting the Sydney metropolitan area.

The suburb's cycle position provides a snapshot of its current standing relative to its historical performance. Future market movements will depend on a variety of factors, including interest rates, economic conditions, and housing supply and demand. AusPropertyInsights.app will continue to monitor the Penshurst market closely.

Streets & Location in Penshurst, NSW

Penshurst, postcode 2222, boasts a diverse range of residential streets. According to our data, PENSHURST ST, INVERNESS AVE, and CARRUTHERS ST are among the streets with the highest median property prices in the suburb. With a total of 107 streets, Penshurst offers a variety of locations and property types.

Penshurst's location provides convenient access to various amenities and transport links. The suburb's established infrastructure contributes to its appeal as a residential area.

Market Dynamics

The property market in Penshurst reflects a relatively stable transaction pattern. The average settlement time for properties in Penshurst is approximately 51 days. Further detailed analysis of investor activity, including quick-flip percentages, is available to premium subscribers.

This settlement timeframe indicates a typical transaction process for the area. The total recorded sales of 10,225 properties over the past 36 years provide a comprehensive overview of market activity in Penshurst.

Development & Density

Penshurst features a mix of housing types, contributing to its varied property market. The suburb is home to 58 apartment buildings, reflecting a balance between higher-density living and traditional houses. Strata properties account for 47.5% of the total property market in Penshurst.

This mix of development density provides options for various buyer preferences. The presence of both houses and apartments contributes to the suburb's diverse demographic.

Growth & Property Mix

Historically, Penshurst has demonstrated consistent growth, as evidenced by its Compound Annual Growth Rates (CAGR). Over the past 10 years, Penshurst has seen a CAGR of 1.5%. Looking further back, the 20-year CAGR stands at 3.7%, while the full-period CAGR (36 years) is 3.6%. The property mix in Penshurst is varied, with apartments representing a significant portion of the market.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Penshurst, NSW

What is the median property price in Penshurst?
The current median property price in Penshurst (all types) is $740,000, as of early 2026. This figure reflects the average price across all property types, including houses and apartments, based on recent sales data.
Is Penshurst overvalued or undervalued?
Based on our analysis, Penshurst is currently positioned below its long-term trend. This indicates that the suburb is currently in undervalued territory relative to its historical performance.
How has the Penshurst property market performed over 10 years?
Over the past 10 years, the Penshurst property market has experienced a Compound Annual Growth Rate (CAGR) of 1.5%. This figure represents the average annual growth rate of property prices in Penshurst over the specified period.
What percentage of Penshurst is apartments vs houses?
Apartments account for a significant portion of the Penshurst property market. Strata properties, which primarily consist of apartments, represent 47.5% of the total property market in the suburb.
Where is Penshurst in the property cycle?
AusPropertyInsights.app's analysis indicates that Penshurst is currently positioned below its long-term trend. This places Penshurst in undervalued territory based on historical trends.
What schools are near Penshurst?
Penshurst is well-serviced by a range of schools, including Penshurst Public School and St Declan's Catholic Primary School. These schools provide educational options for families residing in the suburb and surrounding areas.
What is Penshurst like to live in?
Penshurst offers a blend of suburban tranquility and urban convenience. The suburb is known for its community atmosphere, access to amenities, and convenient transport links to the Sydney CBD.
Is Penshurst good for families?
Penshurst is often considered a good option for families due to its access to quality schools, parks, and recreational facilities. The suburb offers a mix of housing types, including houses and apartments, catering to various family needs.
How far is Penshurst from Sydney CBD?
Penshurst is located approximately 17 kilometres south-west of the Sydney CBD. The suburb is well-connected to the city via train and major road networks.
What transport options are in Penshurst?
Penshurst offers a range of transport options, including Penshurst train station on the T8 Airport Line. The suburb is also serviced by various bus routes and is located near major roads, providing convenient access to surrounding areas.
How does Penshurst compare to nearby suburbs?
Compared to some neighbouring suburbs, Penshurst offers a relatively affordable entry point, particularly for apartments. While specific growth rates vary across suburbs, Penshurst has demonstrated consistent long-term growth, as evidenced by its CAGR.
Is Penshurst a good first home buyer suburb?
Penshurst may be a suitable option for first home buyers, particularly those looking for apartments. With a median apartment price of $665,000 as of early 2026, it offers a more accessible entry point compared to houses. However, affordability depends on individual financial circumstances.
What are the best streets in Penshurst?
According to our data, PENSHURST ST, INVERNESS AVE, and CARRUTHERS ST are among the streets with the highest median property prices in Penshurst. These streets may offer desirable locations and property types within the suburb.
How many properties have been sold in Penshurst?
Over the past 36 years, there have been a total of 10,225 recorded property sales in Penshurst. This figure provides a comprehensive overview of market activity in the suburb.
PenshurstDon't overpay — see all 107 streets & 58 buildings
Unlock — $9/moCancel anytime