SOLD
Sold on 17 May 2024 for $2,505,000

40 Victoria Avenue
Penshurst NSW 2222

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 692m2
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Property Details for 40 Victoria Ave, Penshurst

40 Victoria Ave, Penshurst is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1973. The property has a land size of 692m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Penshurst in the last 12 months.

Building Type
House
Year Built
1973
Floor Size
72m2
Land Size
692m2
Local Government
Georges River
Lot/Plan
16/1/DP1399

Last Listing description (September 2007)

BLUE CHIP INVESTMENT
A rare opportunity to purchase this secure investment with strong returns and high occupancy.
2 storey block of :

4 x 2 bedroom home units on One TitleLock up garagingWell maintained younger style buildingCurrently fully tenantedCentrally located to all amentitiesGross income $51,620 per annumLand size 692sqm approximatelyFOR AUCTION - UNLESS SOLD PRIOR
Additional feature - Lock Up Garage.

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Property History for 40 Victoria Ave, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$2,505,000
17 May 2024
Listed for Rent
$320/w
16 Sep 2008
  • 17 May 2024
    Sold for $2,505,000
  • 06 Sep 2008
    Listed for Rent - Price not available
  • 13 Sep 2007
    Sold for $1,225,000
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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 5,914 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 11 properties listed for sale, and 11 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Penshurst.

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