Back

Penshurst
VIC, 3289 - Southern Grampians

Thinking about buying in Penshurst? Now could not be a better time, with 648 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $412,000 with prices in this suburb ranging from $36,000 to $48,491,000. The aproximate distance to the coast is 40 Km.

Household Makeup

Median Weekly Rent $180.00
Median Monthly Mortgage $787.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 54.00
Average Income $493.00
Average Cars Per Dwelling 1.87
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $210,000
2 Bed  $305,000
3 Bed  $398,000
4 Bed  $476,000
5 Bed  $753,000
6 Bed+$16,345,000

Penshurst Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penshurst due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Penshurst classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Penshurst necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Penshurst

Belle Property UNIT 1, 20-20A VICTORIA AV, PENSHURST, NSW, 2222 Beds3 Bathrooms2 Parking 4 Auction If Not Sold Prior
Belle Property UNIT 7, 485-487 FOREST RD, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 1 Contact Agent to View.
LJ Hooker 2 CAMBRIDGE ST, PENSHURST, NSW, 2222 Beds6 Bathrooms6 Parking 2 Contact Agent
McGrath UNIT 10, 574-576 FOREST RD, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 0 For Sale $550,000 - $600,000
McGrath UNIT 4, 46 VICTORIA AV, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 0 Guide $595,000
McGrath 5 MACLAURIN ST, PENSHURST, NSW, 2222 Beds10 Bathrooms6 Parking 0 Price on request
PRD 43 LAYCOCK RD, PENSHURST, NSW, 2222 Beds5 Bathrooms3 Parking 6 Coming Soon - Contact Jacob
PRD 28 LAYCOCK RD, PENSHURST, NSW, 2222 Beds6 Bathrooms3 Parking 2 Coming Soon - Contact Jacob
PRD 10 EDNA AV, PENSHURST, NSW, 2222 Beds5 Bathrooms2 Parking 2 $1,650,000 - $1,750,000 - Offers Invited
PRD 5 YOUNG ST, PENSHURST, NSW, 2222 Beds4 Bathrooms3 Parking 2 OFF MARKET OPPORTUNITY
Professionals UNIT 10, 1 ST GEORGES RD, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 1 Under Contract
Professionals UNIT 6, 34 VICTORIA AV, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 1 Under Contract
Professionals UNIT 1, 51-53 VICTORIA AV, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 1 Price: For Sale - Contact Agent
Professionals UNIT 18, 43-49 OCEAN ST, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 1 For Sale $600,000 - $639,000
Ray White UNIT 5, 61 OCEAN ST, PENSHURST, NSW, 2222 Beds2 Bathrooms1 Parking 1 580000
Ray White UNIT 1, 2A OCEAN ST, PENSHURST, NSW, 2222 Beds2 Bathrooms2 Parking 1 630000
Ray White 9 GEORGE ST, PENSHURST, NSW, 2222 Beds4 Bathrooms3 Parking 2 1980000

Local Schools

St Joseph's School

Penshurst Primary School

(While the above schools are located with the suburb of Penshurst there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Penshurst weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.420.328.550.988.36.223.1
Feb4.120.227.552.787.86.020.1
Mar4.918.826.451.487.45.616.5
Apr3.515.623.949.486.95.014.0
May2.112.021.145.583.25.111.4
Jun4.110.018.350.886.15.29.2
Jul2.18.918.641.880.85.210.5
Aug2.09.419.636.878.15.713.2
Sept1.512.322.436.881.25.817.5
Oct2.014.824.141.484.16.021.0
Nov2.617.125.845.785.66.223.3
Dec2.018.927.446.786.46.224.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

18-03-2025 $600,000 10 / 54 OCEAN ST
17-03-2025 $990,000 3 / 84 ARCADIA ST
17-03-2025 $553,000 10 / 574 FOREST RD
17-03-2025 $475,000 15 / 26 NELSON ST
14-03-2025 $2,215,000 9 GEORGE ST
14-03-2025 $5,010,000 3 PENSHURST LANE
13-03-2025 $638,500 5 / 15 CAMBRIDGE ST
12-03-2025 $595,000 5 / 61 OCEAN ST
10-03-2025 $667,500 1 / 51 VICTORIA AVE
10-03-2025 $288,000 26 / 556 FOREST RD
04-03-2025 $2,025,000 17 PENSHURST ST
28-02-2025 $650,000 8 / 14 ARCADIA ST
28-02-2025 $630,000 8 / 17 OCEAN ST
26-02-2025 $495,000 6 / 24 NELSON ST
24-02-2025 $1,200,000 635 KING GEORGES RD
21-02-2025 $600,000 6 / 17 CAMBRIDGE ST
18-02-2025 $938,000 10 / 16 ST GEORGES RD
17-02-2025 $655,000 1 / 39 OCEAN ST
14-02-2025 $1,175,000 684 KING GEORGES RD
14-02-2025 $1,750,000 10 LEEDER AVE
07-02-2025 $975,000 9 / 16 ST GEORGES RD
07-02-2025 $2,235,000 24 MCRAES AVE
04-02-2025 $1,700,000 80 GEORGE ST
31-01-2025 $627,000 6 / 51 VICTORIA AVE
31-01-2025 $2,060,000 56 PACIFIC AVE
31-01-2025 $2,620,000 30 KUROKI ST
30-01-2025 $496,500 3 / 40 OCEAN ST
28-01-2025 $2,300,000 72 CAMBRIDGE ST
22-01-2025 $1,885,000 73 PENSHURST ST
21-01-2025 $567,412 4 / 24 THE STRAND
21-01-2025 $1,270,000 689 KING GEORGES RD
20-01-2025 $1,450,000 12 CAMBRIDGE ST
20-01-2025 $1,750,000 497 FOREST RD
17-01-2025 $1,270,000 1 / 78 CAMBRIDGE ST
17-01-2025 $1,930,000 21 LANSDOWNE ST
16-01-2025 $1,721,000 42 ARGYLE ST
16-01-2025 $861,888 1 / 17 VICTORIA AVE
16-01-2025 $880,000 3 / 75 PENSHURST ST
15-01-2025 $560,000 16 / 598 FOREST RD
15-01-2025 $600,000 24 / 33 VICTORIA AVE
14-01-2025 $1,875,000 4 CENTRE ST
10-01-2025 $1,850,000 20 DENISON ST
20-12-2024 $800,000 5 / 28 VICTORIA AVE
20-12-2024 $500,000 7 / 40 OCEAN ST
20-12-2024 $1,620,000 9 HUNTER ST
19-12-2024 $1,100,000 727 KING GEORGES RD
18-12-2024 $680,000 7 / 17 CAMBRIDGE ST
16-12-2024 $1,600,000 67 ARCADIA ST
16-12-2024 $500,000 45 / 192 PENSHURST ST
16-12-2024 $560,000 3 / 29 OCEAN ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

PurdeetTaborWoodhouseCroxton EastMinhamiteGazetteYatchawGerrigerrupCaramutBuckley Swamp

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!