Penshurst
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
$1.32M
+9.2% 1yr
$650K
+7.8% 1yr
$950K
$820/wk
$520/wk
32
1.8%
72.0%
Price Growth
| Type | 1 Year | 3 Year | 5 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
Demand/Supply Ratio: 1.40
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Penshurst at median house price
+8% surcharge
$820/wk
Negatively geared
Reduces taxable income
~$692/week
Based on 9.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
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
12,500
36
$82K
per annum
64.0%
42.0%
38.0%
4.2%
48.0%
Dwelling Mix
Lifestyle & Community
28
6
1
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.