18/3 Ocean St, Penshurst is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.
This spacious apartment is the ideal opportunity for first home buyers and investors to enter the thriving Penshurst market. This quality apartment offers the potential to move straight in and enjoy or update and add value.With a generous 99sqm of internal living space, two balconies, district views and a sunny aspect, this home unit presents a perfect blend of comfort and convenience. Located only a short walk away from Penshurst and Mortdale with both shopping villages, train stations and numerous parks and schools on your doorstep, this apartment presents an exciting opportunity for first home buyers, downsizers and investors alike. Key features: Well-maintained, intercom secure complex. Open plan living and dining leading to large balcony. Well-kept kitchen with electric cooktop, eat-in dining space and ample storage. Two sunny balconies with room for outdoor seating, both offering district views. Two bedrooms, main with walk-in wardrobe and balcony, second with built-in wardrobe. Tidy bathroom with separate bath and shower. Internal laundry. Single lock up garage with room for shelving or additional storage. Total size: 117sqm (99sqm internally, 18sqm garage). Strata levies: $900 per quarter (approx.) Easy walking distance to both Penshurst and Mortdale shops, cafes and train stations. Blank canvas with solid bones, ready to add your personal touch.
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 12.47% increase in median value, while Units have seen a 20.06% increase. As at 30 June 2026:
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