OFF MARKET

9/14-16 Ocean Street
Penshurst NSW 2222

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 1522m2
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Property Details for 9/14-16 Ocean St, Penshurst

9/14-16 Ocean St, Penshurst is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1522m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1980
Floor Size
77m2
Land Size
1522m2
Local Government
Georges River
Lot/Plan
9/SP17768

Last Listing description (February 2022)

Centrally located between both Penshurst and Mortdale shopping precincts, this two-bedroom unit provides the convenience and practicality you have been looking for. Located at the front of the complex, this unit has a peaceful, district outlook and a light and airy feel. The open plan lounge-dining room seems to blend with the adjacent gum trees and is a perfect place to relax and enjoy the sounds of native birds. Both bedrooms include a built-in robe, while the main bedroom also has its own balcony. This really is a great opportunity for first home owners, downsizers and investors, so don't delay, as this won't last long.

Top floor unit at the front of a well-kept complex
2 bedrooms, main with own balcony and 2 BIR's

Updated kitchen opens to internal laundry
Lounge-dining flows out to front balcony
Lock-up garage
Internal approx. 90sqm, garage approx. 19sqm
Close to shops, schools and railway station
Strata approx. $705 per quarter
Possible rental return $400-$420 per week
A great first home or investment opportunity

Property History for 9/14-16 Ocean St, Penshurst, NSW 2222

A timeline of how this property has performed in the market
Last Sold
$669,001
17 Dec 2021
Listed for Rent
11 Jun 2019
  • 17 Dec 2021
    Sold for $669,001
  • 29 Nov 2021
    Listed for Sale Not Disclosed
  • 02 Jun 2019
    Listed for Rent - Price not available
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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 5,913 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, 225 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.