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Unit 4,
9 CAMBRIDGE STREET Penshurst NSW 2222

This property is Off Market

All about Penshurst Homes for sale in Penshurst


  • Last sold 10/21/2024 for $519,000. The Average property price in this area is $1,124,954, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 4.23 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Mortdale - Penshurst

With an average age of 34, households expect an average monthly mortgage payment of $1,779 or a weekly rent payment of $390. The average family earns a weekly income of $1,757 with a typical household size of 2.2 and a 94.22% employment rate.

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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1751 asthma sufferers and 1185 people living with diabetes. In addition, 1005 people have a heart/vascular condition and 1482 people live with three or more chronic diseases.

A good place to invest in property?

Mortdale - Penshurst a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

36 / 100

31 / 100

Industry

47 / 100

22 / 100

Population

38 / 100

19 / 100

House Prices

73 / 100

60 / 100

Jobs

45 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    GRC Penshurst Girls GRC Hurstville Boys GRC Oatley SC Penshurst PS
  • Mortdale Public School

    Mortdale, NSW, 2223 State K-6

  • St Declan's Catholic Primary School

    Penshurst, NSW, 2222 Independent K-6

  • Georges River College Penshurst Girls Campus

    Penshurst, NSW, 2222 State 7-10

  • Hurstville South Public School

    Hurstville, NSW, 2220 State K-6

  • Hurstville Grove Infants School

    Penshurst, NSW, 2222 State K-2

  • Marist Catholic College Penshurst

    Mortdale, NSW, 2223 Independent 7-12

  • Beverly Hills Public School

    Beverly Hills, NSW, 2209 State K-6

  • Danebank - An Anglican School for Girls

    Hurstville, NSW, 2220 Independent K-12

  • Carinya School

    Mortdale, NSW, 2223 State U

  • Penshurst Public School

    Penshurst, NSW, 2222 State K-6


Property Story

Unit 4, 9 Cambridge Street, Penshurst, Nsw, 2222 is a residential property . The estimated distance to the sea is 4.23km and at least 1.55KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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