534 Forest Rd, Penshurst is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 658m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 6 bedroom House sold in Penshurst in the last 12 months.
• Calling all investors and developers. Perfect for long term investment and redevelop in the future.
• Potential Duplex site (STCA) on 658sq.m land with 21m frontage.
• Large full brick property located only approx. 600m away from Penshurst Station and local shops, opposite GRC Penshurst Girls Campus and surrounded by churches, child care centres and all amenities.
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The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of 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 5,929 properties. Over the last 5 years, Houses in Penshurst have seen a 46.55% increase in median value, while Units have seen a 30.36% increase. As at 30 November 2025:
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