Pearl Beach vs Penshurst
Property investment comparison - Pearl Beach, NSW 2256 vs Penshurst, NSW 2222
Head-to-head across core investment metrics: Pearl Beach wins 1, Penshurst wins 4. 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.
| Metric | Pearl Beach | Penshurst |
|---|---|---|
| Median house price | $2.0M | $2.0M |
| Median unit price | $1.3M | $765K |
| Gross rental yield (houses) | 2.05% | - |
| Gross rental yield (units) | 2.84% | 4.36% |
| 1-year house growth | +11.0%estimate | +6.5% |
| 3-year house growth | - | +7.4% |
| Vacancy rate | 4.4% | 1.4% |
| Population | 510 | 12,592 |
Pearl Beach vs Penshurst: what the numbers say
The median house price is $2.0M in Pearl Beach and $2.0M in Penshurst, so Penshurst is the cheaper entry point.
For units, Pearl Beach sits at a median of $1.3M against $765K in Penshurst, which makes Penshurst the more affordable unit market and Pearl Beach the pricier one.
Over the past year house prices moved +11.0% in Pearl Beach (an estimate) and +6.5% in Penshurst, so recent momentum favours Pearl Beach, although both suburbs recorded growth.
Rental vacancy is 1.4% in Penshurst and 4.4% in Pearl Beach, 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 510, roughly 25 times the size of Pearl Beach; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Penshurst for a lower purchase price, Pearl Beach 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.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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