5/40 Ocean StreetPenshurst NSW 2222
Property Details for 5/40 Ocean St, Penshurst
5/40 Ocean St, Penshurst is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1023m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in February 2013.
Last Listing description (April 2014)
Convenient, Low Maintenance Living
Enjoying peaceful garden surrounds and a convenient ground floor position, this two bedroom apartment leaves you with nothing more to do but move in and enjoy.Just moments from Penshurst's shopping and dining precinct, this tranquil apartment features a generous living space with sleek timber floors, a bright, open plan kitchen with a new Chef stove and ample cupboard space.There are two bedrooms, both filled with natural light and enjoying a leafy outlook.The crisp, clean bathroom has also been refreshed and compliments the relaxed feel of this apartment.It's quiet position in a boutique complex, with the convenience of undercover parking at the rear are among the many benefits offered and its ultra-convenient location perfectly completes the package.Presenting an incredible opportunity for investors or first home buyers to have an affordable presence in a highly popular location.Contact the top agent in the Penshurst area:Professionals Montgomery Group9585 188812 Penshurst St, Penshurst
Property History for 5/40 Ocean St, Penshurst, NSW 2222
- 20 Mar 2014Listed for Sale ASKING PRICE $385,000
- 07 Feb 2013Sold for $365,000
- 23 Jan 2013Listed for Sale ASKING PRICE $385,000
Recent sales nearby
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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 5,938 properties. Over the last 5 years, Houses in Penshurst have seen a 19.17% increase in median value, while Units have seen a 23.11% increase. As at 31 May 2026:
- The median value for Houses in Penshurst is $1,841,413 while the median value for Units is $735,120.
- Houses have a median rent of $880 while Units have a median rent of $600.
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