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

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 5,886 properties. Over the last 5 years, Houses in Penshurst have seen a 56.02% increase in median value, while Units have seen a 15.96% increase. As at 31 October 2024:

  • The median value for Houses in Penshurst is $1,809,306 while the median value for Units is $677,252.
  • Houses have a median rent of $770 while Units have a median rent of $580.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 220 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.