657 King Georges Road, Penshurst, NSW 2222 | House for sale | OnTheHouse
FOR SALE
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657 King Georges Road
Penshurst NSW 2222

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 752.5m2
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Prime Penshurst Opportunity – Corner Position Full Brick Home with Development Potential

Positioned in one of Penshurst’s most tightly held pockets, this original full brick residence presents an exceptional opportunity for developers, investors, and forward-thinking buyers to capitalise on its significant landholding and future upside.
Set on an expansive 755sqm (approx.) parcel with an impressive 17m frontage, the property is ideally located within the Low to Mid Rise Housing (LMR) precinct, offering strong potential for redevelopment (STCA) under the evolving planning framework.
Key Features:
- Highly Desired corner position
- Solid full brick construction – tightly held and built to last
- 3 well-proportioned bedrooms
- Original condition – ideal for renovation, rebuild or redevelopment
- Generous 755sqm land size (approx.)
- Wide 17m frontage (approx.) – ideal site configuration
- Located within the LMR housing pocket – future development upside (STCA)
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Property Details for 657 King Georges Rd, Penshurst

657 King Georges Rd, Penshurst is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 752.5m2. The place is currently for sale with REALTY WAY.

Building Type
House
Land Size
752.5m2
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About Penshurst 2222

The size of Penshurst is approximately 2.5 square kilometres. There are 13 parks, covering nearly 9.3% of the total area. The population of Penshurst in 2016 was 12786 people. By 2021 the population was 12592 showing a population decline of 1.5% 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 2021, 60.60% of the homes in Penshurst were owner-occupied compared with 60.70% in 2016.

Penshurst has 5,940 properties. Over the last 5 years, Houses in Penshurst have seen a 3.54% increase in median value, while Units have seen a 16.87% increase. As at 31 August 2026:

  • The median value for Houses in Penshurst is $1,716,461 while the median value for Units is $724,903.
  • Houses have a median rent of $900 while Units have a median rent of $620.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Penshurst on OnTheHouse. According to Cotality's data, 210 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 2222

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Wayne Singh
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REALTY WAY
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.