SOLD
Sold on 27 May 2024 for $550,000

4/574-576 Forest Road
Penshurst NSW 2222

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 1830m2
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Property Details for 4/574-576 Forest Rd, Penshurst

4/574-576 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 1830m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Penshurst in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
57m2
Land Size
1830m2
Local Government
Georges River
Lot/Plan
4/SP40408

Last Listing description (June 2024)

Discover your dream home at 4/574-576 Forest Road, Penshurst, an excellent find for first home buyers and savvy investors. Nestled within a meticulously maintained block, this residence effortlessly combines style, space & comfort.

Property Features:
* Two generously sized bedrooms, main with built in wardrobe

* Both bedrooms with direct access to balcony with open outlook
* Comfortable lounge & dining area, flowing onto second balcony
* Combination of timber & carpet flooring throughout
* Contemporary kitchen with ample storage and bench space
* Neat bathroom with added convenience of an internal laundry
* Single registered uncover parking space with additional private storage room
* Within short distance of Penshurst Shopping village, schools, Olds Park & train station

Don't miss this opportunity to make this property your own! Reach out today to arrange an inspection.

For further information contact:
Christopher Antipas 0401 367 081

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Property History for 4/574-576 Forest Rd, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$550,000
27 May 2024
  • 27 May 2024
    Sold for $550,000
  • 08 May 2024
    Listed for Sale Under Contract
  • 16 Aug 2010
    Sold for $315,000
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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 5,875 properties. Over the last 5 years, Houses in Penshurst have seen a 66.60% increase in median value, while Units have seen a 17.29% increase. As at 30 September 2024:

  • The median value for Houses in Penshurst is $1,827,374 while the median value for Units is $678,938.
  • Houses have a median rent of $770 while Units have a median rent of $578.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Penshurst.

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