Unit 24, 556 FOREST ROAD Penshurst NSW 2222
This property is Off Market
- Last sold 11/18/2015 for $583,000. 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 4.65 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 97 PENSHURST ST $1,714,000
- 10/22/2024 574 FOREST RD $485,000
- 10/21/2024 9 CAMBRIDGE ST $519,000
- 10/16/2024 2 CONNELLY ST $725,000
- 10/14/2024 11 APSLEY ST $838,000
About Mortdale - Penshurst
With an average age of 36, households expect an average monthly mortgage payment of $2,331 or a weekly rent payment of $480. The average family earns a weekly income of $2,356 with a typical household size of 2.8 and a 95.85% 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
Narwee
General Points of Interest
Australian Air Cadets Memorial
Canterbury Public Golf Course
Panania War Memorial
Kogarah Golf Course
Westfield Miranda
Shep's Mound
Lest We Forget Aboriginal Service People
Como Pool
Mount Lewis Bowling Club
Potts Park
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
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School CatchmentsPenshurst PS GRC Penshurst Girls GRC Oatley SC GRC Hurstville Boys
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Penshurst West Public School
Mortdale, NSW, 2223 State K-6 -
Hurstville Grove Infants School
Penshurst, NSW, 2222 State K-2 -
Beverly Hills Public School
Beverly Hills, NSW, 2209 State K-6 -
Penshurst Public School
Penshurst, NSW, 2222 State K-6 -
Marist Catholic College Penshurst
Mortdale, NSW, 2223 Independent 7-12 -
Georges River College Penshurst Girls Campus
Penshurst, NSW, 2222 State 7-10 -
St Declan's Catholic Primary School
Penshurst, NSW, 2222 Independent K-6 -
Mortdale Public School
Mortdale, NSW, 2223 State K-6 -
Georges River College Oatley Senior Campus
Oatley, NSW, 2223 State 11-12 -
Carinya School
Mortdale, NSW, 2223 State U
Property Story
Unit 24, 556 Forest Road, Penshurst, Nsw, 2222 is a residential property . The estimated distance to the sea is 4.65km and at least 1.6KM 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
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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