2. VIC
  3. Southern Grampians

Houses Units

Here you can find what you need to know about Penshurst, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$283K Median Sale Price (National Average $485k) 713th In VIC

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Penshurst, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Penshurst, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Penshurst, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Penshurst


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Suburb Information

Penshurst, VIC 3289

Part of: Southern Grampians Council No data available

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. (source: Australian Bureau of Statistics)

View all properties for sale in Penshurst

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Penshurst   for Houses in last 12 months


There have been 10 Houses sold in Penshurst in the past 12 months with a median sale price of $283K, down 15.4% annually. It takes on average 42 days to sell with vendor discounting of -5.7%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Peppermint Grove WA, 6011 24.38% $4,540,000 $1,675pw 1.9% View Suburb Profile
Mullaloo WA, 6027 25.54% $1,130,500 $875pw 4.0% View Suburb Profile
Torquay QLD, 4655 3.93% $614,500 $530pw 4.5% View Suburb Profile
Freeling SA, 5372 17.09% $592,500 Unavailable Unavailable View Suburb Profile
Penshurst NSW, 2222 8.43% $1,832,500 $780pw 2.2% View Suburb Profile
Mortlake VIC, 3272 4.44% $364,000 $400pw 5.7% View Suburb Profile

Currency

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