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Jilliby vs Penshurst

Property investment comparison - Jilliby, NSW 2259 vs Penshurst, NSW 2222

Head-to-head across core investment metrics: Jilliby wins 3, Penshurst wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricJillibyPenshurst
Median house price$2.0M$2.0M
Median unit price$585K$765K
Gross rental yield (houses)1.88%-
Gross rental yield (units)5.00%4.36%
1-year house growth+12.4%+6.5%
3-year house growth-+7.4%
Vacancy rate1.5%1.4%
Population1,69412,592

Jilliby vs Penshurst: what the numbers say

The median house price is $2.0M in Jilliby and $2.0M in Penshurst, so Penshurst is the cheaper entry point, with Jilliby houses about 1% dearer.

For units, Jilliby sits at a median of $585K against $765K in Penshurst, which makes Jilliby the more affordable unit market and Penshurst the pricier one.

Over the past year house prices moved +12.4% in Jilliby and +6.5% in Penshurst, so recent momentum favours Jilliby, although both suburbs recorded growth.

Rental vacancy is 1.4% in Penshurst and 1.5% in Jilliby, so landlords in Penshurst face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Penshurst is the bigger suburb, with a population of 12,592 against 1,694, roughly 7 times the size of Jilliby; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Penshurst for a lower purchase price, Jilliby for recent price momentum, Penshurst for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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