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Suburb Insights ยท NSW 2222

Penshurst 2222, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Penshurst is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 12,592, making it a smaller community. Located approximately 16 km from the Sydney CBD, Penshurst is a outer metro area in New South Wales. The median household income is $95,420 AUD per year (ABS 2021 Census).

Investment Score

68 / 100 Good

Strong household incomes in Penshurst underpin solid property demand.

Location

Map shows Penshurst, New South Wales, Australia.

Key Indicators

Postcode
2222

Official Australia Post postcode for Penshurst. A postcode may cover multiple suburbs.

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Population
12,592

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$400/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$95,420/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
16 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
38% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Penshurst's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. The median household income of $95,420/year reflects a solid demographic, supporting sustainable rental demand. With only 38% separate houses, Penshurst has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Penshurst could work well with careful property selection and a longer time horizon.

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Rental Yield

Penshurst can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Renovation projects in Penshurst can capture the gap between unrenovated and updated property prices.

Risk Factors

Run the numbers on a Penshurst property

Full Property Analysis

30-year projections for Penshurst

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Penshurst is expected to see moderate price growth in 2026 as the broader New South Wales market stabilises. Tenants in Penshurst have options โ€” presenting well-maintained properties is key to minimising vacancy. The market mood around Penshurst is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Penshurst a good suburb for investment?

Penshurst is a outer metro area in New South Wales with a population of 12,592. The median rent is $400/week and the median household income is $95,420/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Penshurst?

Key demand drivers in Penshurst include affordability relative to inner suburbs and expanding infrastructure. 38% of dwellings are separate houses. The area has approximately 3 schools and 5 parks nearby.

What is the population of Penshurst?

According to the ABS 2021 Census, Penshurst has a population of approximately 12,592. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Penshurst from the Sydney CBD?

Penshurst is approximately 16 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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