Is PENSHURST a good suburb for positive geared property investment in Australia?

PENSHURST in NSW currently features property rental yields up to 2.7% with a 12-month capital growth value of Up 6.5%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PENSHURST 2222?

The median house price in PENSHURST 2222 is approximately $1,970,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PENSHURST 2222

State: NSW

Updated: 5 August 2026

PosiProp AI Investment Summary

PENSHURST (NSW 2222) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.7% and has experienced a 12-month capital growth of Up 6.5%, with a median house buy price of $1,970,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$925,000

Down -42.9% 2.1% Yield

3 house • buy

$1,970,000

Up 14.9% 2.8% Yield

4 house • buy

$1,838,000

Down -9.7% 2.9% Yield

all house • buy

$1,970,000

Up 6.5% 2.7% Yield

Suburb Market Profile

Last month Penshurst had 41 properties available for rent and 43 properties for sale. Median property prices over the last year range from $1,970,000 for houses to $765,000 for units. If you are looking for an investment property, consider houses in Penshurst rent out for $690 PW with an annual rental yield of 2.7% and units rent for $620 PW with a rental yield of 4.5%. Penshurst has seen an annual compound growth rate of 6.5% for houses and 10.1% for units.

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