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Penshurst

NSW 2222LGA: Georges River Council

Investment Score

76

/100

AI Intelligence Summary

Penshurst is a well-established suburb in Sydney's St George region, approximately 18km south of the CBD. Known for its multicultural community with significant Asian populations, the suburb offers excellent transport connectivity via Penshurst railway station on the T4 line, providing direct access to the city in around 35 minutes. The area features a diverse housing mix including apartments, townhouses and detached homes, making it attractive to first home buyers, young families and investors seeking affordability without sacrificing accessibility. With median house prices around $1.3 million and units at $650,000, Penshurst represents good value compared to inner Sydney suburbs while maintaining strong growth potential. The suburb benefits from proximity to major shopping precincts in Mortdale and Hurstville, quality local amenities including parks and recreational facilities, and a strong sense of community through local sporting clubs and community groups. Recent infrastructure improvements and ongoing development in surrounding areas position Penshurst well for continued growth, particularly appealing to those seeking a family-friendly environment with excellent transport links and cultural diversity.

Strengths

  • Excellent transport connectivity with direct rail access to Sydney CBD
  • Affordable housing options compared to inner Sydney suburbs
  • Strong multicultural community with diverse dining and cultural offerings
  • Close proximity to major shopping and entertainment precincts

Opportunities

  • Continued infrastructure development enhancing connectivity
  • Growing demand from first home buyers seeking affordability
  • Potential for medium-density development near transport hubs
  • Increasing appeal to investors due to strong rental yields

Considerations

  • Limited high-end retail and dining options within the immediate suburb
  • Moderate traffic congestion during peak hours on major arterials
  • Competition from nearby suburbs with similar offerings
  • Density increases may impact suburban character over time

Property Market

Median House

$1.32M

+9.2% 1yr

Median Unit

$650K

+7.8% 1yr

Median Townhouse

$950K

Rent (House)

$820/wk

Rent (Unit)

$520/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+9.2%+28.5%+45.8%
Unit+7.8%+24.2%+38.6%

Rental Yields

House Yield

3.2%

Unit Yield

4.1%

Townhouse Yield

3.6%

Investment Scorecard

Overall Investment Score76/100
Growth Potential78/100
Cashflow Score72/100
Risk Score (lower = safer)72/100
Affordability Index68/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Penshurst at median house price

Standard transfer
$54,990
First Home Buyer
$54,990
Foreign buyer surcharge
$105,600

+8% surcharge

Annual rent income
$42,640

$820/wk

Interest (80% LVR @ 6.5%)
-$68,640
Other expenses (~2.5%)
-$33,000
Net rental position
-$59,000

Negatively geared

Tax benefit (39% MTR)
+$23,010

Reduces taxable income

After-tax holding cost
$35,990/yr

~$692/week

Based on 9.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.05M
Capital gain
$664,344
After discount
$332,172
CGT payable
$129,547

10-Year Hold

Est. value
$3.17M
Capital gain
$1.79M
After discount
$894,752
CGT payable
$348,953

Investor Quick Summary

Entry cost (stamp duty)

$54,990

After-tax yield

1.95%

Weekly holding cost

$692/wk

10yr CGT (est.)

$348,953

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

12,500

Median Age

36

Median Income

$82K

per annum

Family Households

64.0%

Professionals

42.0%

University Educated

38.0%

Unemployment

4.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 45%Units: 48%Townhouses: 7%Total: 4,850

Lifestyle & Community

Walkability72/100
Public Transport8/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

28

Parks

6

Hospitals

1

Distance to CBD

18.0 km

Nearest Station: Penshurst Station

Suburban family lifestyle with easy city access, diverse dining, parks and community facilities

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Data sourced from multiple sources. Last updated 28 March 2026.

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