Fraser Glen
8/25 Victoria Avenue, Penshurst, NSW 2222
For Sale | Offers Invited
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Open Saturday 27 June 9:00 am🏛️ About This Suburb (Last Updated Date: 2026-03-06)
History, Aboriginal heritage, and the story behind the name.
Penshurst — Dharawal / Eora Country
Originally part of a 1808 land grant to Robert Townson, the area was subdivided in the 1880s following the extension of the Illawarra railway line. It transitioned from timber-getting and small-scale farming to a premier residential suburb for Sydney's growing middle class in the early 20th century.
A leafy, family-oriented suburb characterized by a mix of heritage-protected California bungalows and a high concentration of low-to-mid-rise apartment blocks near the station.
Overall Score
7.8
A high-performing middle-ring suburb with strong fundamentals for families.
Name Origin
Named after Penshurst Park in Kent, England, by early developer Thomas Holt.
Established
Gazetted 1927
Heritage Station
Opened in 1884
Aquatic Hub
Home to Hurstville Aquatic Leisure Centre
Green Space
Penshurst Park underwent a $12m upgrade in 2023-24
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
6.5
Steady growth following the 2024-25 market stabilization, outperforming some inner-west neighbors.
Amenity
7.5
Excellent local parks and proximity to Hurstville's major retail precinct.
Schools
8.5
Highly regarded public and selective school catchments drive consistent demand.
Transport
8.2
Direct T4 Illawarra line access provides a reliable 25-30 minute commute to the CBD.
Risk Profile
7.0
Low environmental risk but significant noise and traffic considerations.
Liveability
8.0
High quality of life with a village feel and ample recreational facilities.
Demographics
7.4
Stable mix of established families and young professionals seeking value.
Rental Demand
7.8
Consistently low vacancy rates due to the suburb's appeal to hospital and education workers.
Growth Potential
6.8
Limited by heritage constraints but supported by scarcity of land.
Affordability
5.5
More accessible than Oatley or Hurstville houses, but units are becoming premium.
Crime & Safety
7.6
Statistically safer than the nearby Hurstville commercial core.
Walkability
7.4
Very walkable around the station and shopping strip, though hilly in parts.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,785,000
Estimated March 2026
Median Unit
$745,000
Estimated March 2026
12mo Growth
4.2%
Steady upward trend
Train to CBD
28 mins
T4 Illawarra Line
Top School
Penshurst Public
Highly sought catchment
Vacancy Rate
1.1%
Extremely tight market
✅ Key Advantages
- Exceptional public transport links with frequent services to the CBD and Cronulla.
- High concentration of quality educational institutions including selective and private options.
- Strong community feel with a local 'village' shopping strip on Penshurst Street.
- Superior recreational facilities including the recently upgraded Penshurst Park and Aquatic Centre.
- Relative value for money compared to neighboring Oatley and the Hurstville CBD.
⚠️ Key Watch-Outs
- Significant aircraft noise, particularly for properties north of the railway line.
- Heavy traffic congestion on King Georges Road and Forest Road during peak hours.
- Strict heritage conservation overlays in certain pockets limiting renovation potential.
- Limited street parking near the station and high-density unit blocks.
- Increasing density and over-shadowing from newer mid-rise developments.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Family Suburban
How this suburb feels day-to-day.
🏠 Property Types
A mix of 1920s bungalows, mid-century brick houses, and 1970s-2020s apartments.
Dominant dwelling stock.
💰 Price Range
$620k (Studio/1BR) – $2.8m+ (Renovated House)
Typical entry to ceiling.
💡 Why It Matters
Penshurst serves as the 'sweet spot' for families who want the amenities of Hurstville without the high-density 'city' feel. It offers a more traditional residential atmosphere while maintaining elite transport and school access.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$1,785,000
$1.55m – $2.2m
🏢 Unit Median
$745,000
$620k – $950k
📈 Price Trend
+4.2% past 12 months
12-month movement
🔑 Weekly Rents
Houses $850pw, Units $620pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The price gap between houses and units is widening, making well-located villas and townhouses the highest-demand 'middle ground' assets in the suburb.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
12% below Sydney metro house median
Price comparison
📋 Income Ratio
9.8x average household income
Median price ÷ median income
💳 Gross Yield
3.6% for houses, 4.4% for units
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
While more affordable than the Eastern Suburbs or Lower North Shore, Penshurst has seen significant price escalation, pushing it out of reach for many first-home buyers without substantial deposits.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
1.1%
Lower = tighter market
⏱️ Days to Lease
16 days
Avg time on market
📈 Rent Growth p.a.
+8.5%
Annual rental increase
Demand Level
Very High
👤 Tenant Profile
Young families, healthcare workers from St George Hospital, and CBD commuters.
💼 Investor Outlook
Strong rental yields for older 2-bedroom units which are popular with long-term tenants. Low vacancy rates suggest minimal holding risk.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+4.2%
1-Year Growth
+14.5%
3-Year Growth
+32.2%
5-Year Growth
📍 Growth Drivers
- Continued demand for the Penshurst Public School catchment.
- Ongoing upgrades to local sporting and community infrastructure.
- Spillover demand from more expensive neighboring suburbs like Oatley.
- Proximity to the St George health and education precinct.
⛔ Headwinds
- Interest rate sensitivity among middle-income buyers.
- Increasing supply of apartments in nearby Hurstville and Kogarah.
- Heritage restrictions preventing modern large-scale house rebuilds.
🔮 5-Year Outlook
Expect steady capital growth of 3-5% per annum. The suburb is likely to densify further near the station, while the heritage pockets will remain premium tightly-held assets.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
7.6
Safety Score
Above Average
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
18% below NSW state average crime rate
Relative comparison
Risk Categories
Break and Enter: Low
Motor Vehicle Theft: Medium
Assault: Low
📋 What to Check Locally
Check local police reports for incidents near the railway station and shopping strip after hours, which are the primary hotspots for minor opportunistic crime.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
The primary risks are environmental noise and urban congestion rather than natural disasters.
🌊 Flood Risk
Low risk; some localized overland flow issues near Penshurst Park during extreme storms.
🔥 Bushfire Risk
Negligible risk; fully urbanized area.
🏦 Insurance Impact
Standard premiums apply; no significant loading for flood or fire, but check for heritage-related repair costs.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
R2 Low Density Residential and R4 High Density near the station.
🔲 Overlays
Heritage Conservation Area (HCA) and ANEF 20/25 Aircraft Noise.
🏗️ Development Hotspots
Penshurst Street and the blocks immediately surrounding the railway station.
Zoning is strictly enforced; buyers looking to develop should be wary of the extensive Heritage Conservation Areas which protect the suburb's character but limit new builds.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Excellent rail access; multiple bus routes connecting to Hurstville and Bankstown.
🛍️ Amenity & Retail
Good local cafes, an IGA, and specialty shops; 5 mins drive to Westfield Hurstville.
🌲 Parks & Recreation
Outstanding; Penshurst Park is a regional-level facility with synthetic fields and aquatic centre.
🏫 Schools
A major drawcard; includes Penshurst Public, Penshurst Girls High, and Marist College.
🏥 Healthcare
Proximity to St George Public and Private Hospitals in Kogarah (10 mins drive).
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A diverse, multicultural community with a high proportion of families and professionals.
💵 Median Income
$92,400 pa
🏠 Ownership
38% owner-occupied, 32% owned with mortgage, 30% renting
🎂 Age Profile
Median age 37
🎓 Education
High; 34% of residents hold a bachelor degree or higher.
📊 Age Distribution
The stable demographic profile supports long-term property value and a safe, community-focused atmosphere.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
Focus has shifted from large-scale residential to community infrastructure and public domain upgrades.
📈 Positive Impacts
- Completion of the Penshurst Park sporting hub.
- Upgrades to the Penshurst local shopping village streetscape.
- Modernization of facilities at Penshurst Public School.
📉 Negative Impacts
- Increased traffic during construction phases.
- Loss of some older character homes to mid-rise apartment infill.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Hurstville
Position
East
Price
More expensive for houses, similar for units
Lifestyle
High-density, busy commercial hub, major retail.
Best for
Urbanites and investors.
📍Mortdale
Position
West
Price
Slightly more affordable
Lifestyle
Stronger 'village' feel, more industrial pockets.
Best for
First home buyers and young families.
📍Oatley
Position
South
Price
Significantly more expensive
Lifestyle
Prestige, waterfront access, very quiet.
Best for
Upsizers and high-income families.
📍Beverly Hills
Position
North
Price
Similar
Lifestyle
Dining precinct focus, closer to M5 motorway.
Best for
Commuters and foodies.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Ashbury
NSW
7.5/10
Heritage conservation focus and strong family appeal.
Epping
NSW
8.2/10
Strong rail links and elite school catchments.
Cheltenham
VIC
7.9/10
Middle-ring rail suburb with high-performing schools.
Holland Park
QLD
7.7/10
Leafy, family-centric with a mix of old and new housing.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents value the suburb for its safety, excellent schools, and the 'best of both worlds' location—close to Hurstville but far enough to be quiet.
★★★★★
Family Life
The best move we made for our kids' education; the local schools are fantastic and the park is world-class.
Schools
Parks
★★★★☆
Transport
The train service is reliable, but the aircraft noise can be a bit much on some days if you're working from home.
Trains
Noise
★★★★☆
Affordability
We couldn't afford a house in Oatley, but we found a great villa here that still feels like a proper home.
Value
Property Type
★★★★★
Amenity
Everything is walkable. I can get my groceries, go to the library, and catch a train all within 10 minutes.
Walkability
Convenience
★★★☆☆
Traffic
King Georges Road is a nightmare at 5 PM, it really cuts the suburb in half.
Traffic
Access
★★★★☆
Rental Market
Rents have gone up a lot, but it's still safer and nicer than living right in the middle of Hurstville.
Safety
Rent Cost
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties in the 'Golden Triangle' between the station, Penshurst Park, and the public school.
- Always check the ANEF aircraft noise maps; properties south of the rail line generally experience less noise.
- Look for double-brick construction or existing double glazing to mitigate noise issues.
- Verify if a property is in a Heritage Conservation Area (HCA) before planning any external renovations.
- Attend several weekend inspections to gauge traffic noise from King Georges Road.
❓ Questions to Ask the Agent
- Is this property located within a Heritage Conservation Area?
- What is the current ANEF noise rating for this specific street?
- Are there any planned major developments for the neighboring blocks?
- Which school catchment does this address strictly fall into?
- Has the building undergone a recent structural or fire safety audit (for units)?
- What are the quarterly strata levies and what do they include?
- Is there a high percentage of owner-occupiers in this block?
- How does the traffic noise level change during peak hour on this street?
🏷️ Seller Strategy
- Highlight school catchment zones in all marketing materials as this is the primary driver for house buyers.
- Professional styling is essential for older apartments to compete with newer stock in Hurstville.
- Emphasize the 'village' lifestyle and walkability to the station.
- Ensure any heritage features are well-maintained and showcased.
- Target young families looking to upsize from inner-west apartments.
📣 Positioning Tips
Position the property as a 'lifestyle upgrade' that offers more space and better schools than the inner city, while maintaining an easy CBD commute.
💼 Investment Case
High-yield potential in older 2-bedroom units with low strata fees.
⚠️ Investment Risks
Increasing supply of new apartments nearby may cap capital growth for units.
📈 Action Plan
- Target older 'brick-and-tile' blocks with 6-12 units for lower overheads.
- Look for units with internal laundries and lock-up garages.
- Consider a minor cosmetic renovation to maximize rental yield.
- Focus on properties within 600m of the station.
🔑 Renter Tips
- Be ready with a complete application; properties lease very quickly here.
- Check the proximity to the station if you don't have a car, as street parking is difficult.
- Test the mobile reception inside older brick buildings.
🏘️ What Renters Love Here
Great community feel and excellent public transport.
⚠️ Renter Watch-Outs
Older units can be poorly insulated against noise and temperature.
🏢 Landlord Strategy
- Maintain gardens and common areas to attract long-term family tenants.
- Consider allowing pets to stand out in a competitive rental market.
- Regularly review rents to stay in line with the high demand in the T4 corridor.
📋 Compliance & Management
Ensure all smoke alarm and window safety device certifications are current, especially in older blocks.
🤝 Agent Insights
- The market is currently driven by local upsizers and buyers priced out of Oatley.
- School catchments are the single most asked-about feature.
- Buyers are increasingly wary of high strata levies in newer complexes.
🎯 Marketing Angles
Focus on 'The Penshurst Village Lifestyle' and 'Elite Education Access'.
👤 Target Buyer Profile
Young professional families and healthcare workers.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Check the NSW Planning Portal for heritage overlays.
✓
Review the Sydney Airport Master Plan for future flight path changes.
✓
Verify school catchment via the School Finder NSW website.
✓
Order a strata report to check the capital works fund (for units).
✓
Conduct a building and pest inspection, focusing on rising damp in older bungalows.
✓
Check the Georges River Council flood maps for overland flow paths.
✓
Visit the property at different times of day to assess aircraft and traffic noise.
✓
Confirm the distance to the nearest train station and bus stops.
✓
Check for any registered easements on the title.
✓
Review the local council's DCP (Development Control Plan) for setback requirements.
✓
Assess the availability of NBN (Fiber to the Premises vs Node).
✓
Check the proximity to high-voltage power lines or substations.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
🔗 georgesriver.nsw.gov.au
🔗 planningportal.nsw.gov.au
🔗 abs.gov.au
🔗 schoolfinder.education.nsw.gov.au
🔗 transport.nsw.gov.au
⚠️ Important Disclaimer
This report is for informational purposes only and does not constitute financial or investment advice. Data is based on 2024-2025 trends projected to 2026. Buyers should conduct their own independent due diligence.
