Skip to main content

Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.

Take the 2-min quiz

12,000+ suburbs | 110k+ live listings | refreshed daily

Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.

See a sample suburb report before signing up or paying. | Take the 30-second product tour

Penshurst, NSW 2222

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong GrowthWalkable

Median House

$1,970,000

market range $1.9M-$2.1M

Median Unit

$765,000

market range $700K-$875K

Gross Yield (units)

4.4%

1yr Growth (houses)

+6.5%

market range -2.5% to +10.0%

Investment snapshot for Penshurst

Penshurst has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Penshurst verdict

Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.

Short-term access. No subscription. See all plans

See sample analysis before paying.

Investment score breakdown

See exactly which signals drive Penshurst - yield, growth, affordability, vacancy, livability, safety, and demographics.

Access from $20. Cancel anytime. See all plans

Secure checkout by Stripe. Cancel anytime.

Penshurst market and investor summary

Penshurst (NSW 2222) runs a median house price of $2.0M. House prices have moved +6.5% over the past year and +7.4% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.

Living in Penshurst: people, income and schools

About 12,592 people live in Penshurst, a number that has held fairly steady over five years. The median age is 38, broadly working-age, and families account for 71% of households.

Households here earn a median of about $95,000 a year, or roughly $1,840 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 20.6 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 84 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 16 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 78 for walkability and 63 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
12,592
+3% over 5yr
Median age
38 years
Median household income
$95,000/yr
Households renting
37%
Family households
71%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
84
avg ICSEA 1083
Unemployment
2.5%
Distance to CBD
16 km
Walk score
78/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Penshurst

View all →

Frequently asked questions about Penshurst

What should I check before investing in Penshurst?

Penshurst has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +6.5% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Penshurst?

The median property price in Penshurst, NSW 2222 is $2.0M for houses and $765K for units.

What rental yield does Penshurst show?

The gross rental yield in Penshurst is 4.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Penshurst?

House prices in Penshurst are up 6.5% over the past year and up 7.4% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Penshurst?

The current vacancy rate in Penshurst is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Penshurst?

Penshurst has a population of approximately 12,592 residents, with a median age of 38.

What schools are near Penshurst?

There are 84 schools within roughly 5km of Penshurst. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Penshurst affordable to buy in?

A median house in Penshurst costs about 20.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Penshurst's population growing?

The population of Penshurst has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Penshurst from the CBD?

Penshurst is about 16 km from the CBD.

Keep researching with PropRadar

Free tools for the rest of your investment decision, no card required.