Penshurst Suburb Profile

Victoria 3289

Penshurst has 535 properties. Over the last 5 years, Houses in Penshurst have seen a 58.74% increase in median value, while Units have seen a 64.56% increase. As at 31 October 2024:

• The median value for Houses in Penshurst is $260,437 while the median value for Units is $312,760.
• Houses have a median rent of $200.

The size of Penshurst is approximately 316.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Penshurst in 2011 was 733 people. By 2016 the population was 632 showing a population decline of 13.8% in the area during that time. The predominant age group in Penshurst is 60-69 years. Households in Penshurst are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Penshurst work in a managers occupation. In 2011, 76.4% of the homes in Penshurst were owner-occupied compared with 81.1% in 2016.