OFF MARKET

8/50-52 Ocean Street
Penshurst NSW 2222

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Last updated 16 Sep 2024
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Property Details for 8/50-52 Ocean St, Penshurst

8/50-52 Ocean St, Penshurst is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
1975
Floor Size
70m2
Local Government
Georges River
Lot/Plan
8/SP9190

Last Listing description (April 2014)

Sold!
Enjoying a first floor position with tranquil garden surrounds, this two bedroom apartment presents an outstanding opportunity for investors or a savvy renovator.Just moments from Penshurst's shopping and dining precinct, this apartment features a generous living and dining space that opens out onto a peaceful balcony, a bright kitchen, two bedrooms with a built-in in the main, a tidy bathroom and internal laundry.The convenience of a lock up garage and secure intercom entry perfectly complete the package.Combined with its proximity to Penshurst's many lifestyle and transport options, this apartment offers an affordable opportunity for first home buyers or a smart move for investors.Contact the top agent in the Penshurst area:Professionals Montgomery Group9585 188812 Penshurst St, Penshurst

Property History for 8/50-52 Ocean St, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$430,000
29 Aug 2013
  • 14 Jan 2014
    Listed for Sale SOLD FOR $430,000
  • 29 Aug 2013
    Sold for $430,000
  • 15 Aug 2013
    Listed for Sale ASKING PRICE $439,000
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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 5,916 properties. Over the last 5 years, Houses in Penshurst have seen a 68.22% increase in median value, while Units have seen a 15.74% increase. As at 31 August 2024:

  • The median value for Houses in Penshurst is $1,804,253 while the median value for Units is $666,349.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Penshurst.

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