Penshurst is an established suburb in New South Wales within the Georges River local government area (postcode 2222). With a population of 12,592, the suburb has a settled mid-life population with a median age of 38. Households earn a median income of $95K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Chinese, English, Australian.
The median house price in Penshurst is $1.5 million, having dropped significantly by 25.3% over the past year. Units have a median price of $735,000 (+8.6% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Penshurst is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1076, which is above the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Georges River LGA is below average at 2,022 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.7x is considered stretched. House prices have moved -25.3% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.