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Investment Spotlight • Australia
PENSHURST 3289
State: VICUpdated: 8 April 2026
PosiProp AI Investment Summary
PENSHURST (VIC 3289) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.2% and has experienced a 12-month capital growth of Down -18.2%, with a median house buy price of $302,500. This combination provides a high-yield positive cashflow 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
$230,000
Down -23.6% 5.8% Yield
3 house • buy
$285,000
Down -24.0% 5.4% Yield
4 house • buy
–
Not available 4.5% Yield
all house • buy
$302,500
Down -18.2% 5.2% Yield
Suburb Market Profile
Last month Penshurst had 0 properties available for rent and 5 properties for sale. Median sold prices over the last year is $302,500 for houses. If you are looking for an investment property, consider houses in Penshurst rent out for $330 PW with an annual rental yield of 5.2%. Penshurst has seen an annual compound growth rate of -18.2% for houses.
Properties For Sale in PENSHURST
0 Listings FoundNo active properties currently crawled in this suburb.