Penshurst vs St Peters
Property investment comparison - Penshurst, NSW 2222 vs St Peters, NSW 2044
Head-to-head across core investment metrics: Penshurst wins 3, St Peters 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.
| Metric | Penshurst | St Peters |
|---|---|---|
| Median house price | $2.0M | $2.0M |
| Median unit price | $765K | $950K |
| Gross rental yield (houses) | - | 2.93% |
| Gross rental yield (units) | 4.36% | 4.86% |
| 1-year house growth | +6.5% | +3.8%estimate |
| 3-year house growth | +7.4% | - |
| Vacancy rate | 1.4% | 1.1% |
| Population | 12,592 | 3,629 |
Penshurst vs St Peters: what the numbers say
The median house price is $2.0M in Penshurst and $2.0M in St Peters, so Penshurst is the cheaper entry point, with St Peters houses about 1% dearer.
For units, Penshurst sits at a median of $765K against $950K in St Peters, which makes Penshurst the more affordable unit market and St Peters the pricier one.
Over the past year house prices moved +6.5% in Penshurst and +3.8% in St Peters (an estimate), so recent momentum favours Penshurst, although both suburbs recorded growth.
Rental vacancy is 1.1% in St Peters and 1.4% in Penshurst, so landlords in St Peters 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 3,629, roughly 3.5 times the size of St Peters; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Penshurst for a lower purchase price, Penshurst for recent price momentum, St Peters 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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