OFF MARKET

12/574-576 Forest Road
Penshurst NSW 2222

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 1822m2
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Last updated 16 Dec 2024
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Property Details for 12/574-576 Forest Rd, Penshurst

12/574-576 Forest Rd, Penshurst is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 1822m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in March 2002.

Building Type
Unit
Year Built
1992
Floor Size
62m2
Land Size
1822m2
Local Government
Georges River
Lot/Plan
12/SP40408

Last Listing description (October 2023)

Immaculately presented two bedroom 1st floor apartment with a built in robe and balconies to both bedrooms. Freshly painted throughout, new carpets throughout, brand new blinds, brand new modern kitchen with stainless steel appliances, formal lounge / dining areas which lead onto a private balcony. Other features include views of the city skyline from the rear balcony, air conditioning, storage room, new blinds installed and a carport, property will be cleaned before move in.

FURTHER INFORMATION:


Please note: We do NOT accept 1form application.

If you would like to book an inspection at this property - please submit your details by clicking on the button in this advertisement, you will then receive an invitation to register for a viewing by either email or text message.

The initial agreement term will either be 13 weeks or 26 weeks subject to approval, applications for tenancy can be obtained when you view the rental property - no applications are accepted by our office until you have inspected the property with our agency.

Should your application be successful you will be required to leave one weeks rent as a holding deposit upon approval - we are a cashless office so the deposit will be required in the form of a bank cheque or money order from Australia Post. The initial deposit is non refundable but does come off the balance owed when you sign your tenancy agreement - the total payment required for all tenants entering into a tenancy agreement is 2 weeks rent in advance and 4 weeks bond that is held in trust by the rental bond board, this payment must be made by bank cheque or money order from Australia Post and all subsequent rental payments by direct debit from your bank account.

Property History for 12/574-576 Forest Rd, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$232,000
11 Mar 2002
Listed for Rent
$395/w
10 Oct 2023
  • 21 Sep 2023
    Listed for Rent $395 / week
  • 13 Oct 2021
    Listed for Rent $340 / week
  • 23 Jan 2013
    Listed for Rent $330 / week
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About Penshurst 2222

The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of total area. The population of Penshurst in 2011 was 11,692 people. By 2016 the population was 12,795 showing a population growth of 9.4% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation. In 2011, 65.2% of the homes in Penshurst were owner-occupied compared with 60.7% in 2016.

Penshurst has 5,914 properties. Over the last 5 years, Houses in Penshurst have seen a 49.10% increase in median value, while Units have seen a 13.59% increase. As at 30 November 2024:

  • The median value for Houses in Penshurst is $1,796,316 while the median value for Units is $675,011.
  • Houses have a median rent of $780 while Units have a median rent of $580.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 2222

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.