7/5-7 Percival Street, Penshurst NSW 2222

7/5-7 Percival Street, Penshurst NSW 2222
3-bed 2-bath unit in owner-heavy block | school catchment walkable | balcony and built-in robes | strata living on shared 1,477 m² land This three-bedroom unit is regarded as a competitive option among Penshurst’s larger strata apartments. The owner-heavy building profile is interpreted as a sign of communal stability. A practical location advantage is provided by the proximity to both primary and secondary public schools. The balcony and built-in robes are included as expected features. Common open space is derived from the shared 1,477 square metre parcel, which is maintained without private garden obligations. This property is best suited to small families or downsizers. The final value may be influenced by internal condition and layout efficiency. Floor level and aspect might affect light and noise perception. Building age and common property quality could shape buyer expectations. Recent sales within the complex suggest steady demand, though individual presentation will remain decisive. Buyers are encouraged to weigh these factors. >> Comparable Sales: 7/5-7 Percival Street $890,000 (Oct 2025) and 5/5-7 Percival Street $810,000 (Jun 2023) | Property Price Band: $800K–$900K | Value Drivers: condition, aspect, layout, building tenure
Detailed Independent Property Report prepared  by PropCred Analyst team for 7/5-7 Percival Street, Penshurst NSW 2222
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk
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Market Insight

Penshurst, in Georges River LGA, is an established market where houses clearly outperform units. House demand is stronger, selling in about 50 days versus 74 for units, with moderate turnover of 22 houses and 15 units in the past quarter. Median house prices sit near $2 million, with annual growth reported between 3.1% and 11.9%; unit medians are around $700,000, showing slight declines or flat conditions. Gross rental yields are thin for houses at roughly 2.4–2.5%, while units yield about 4.4–4.6%. Future growth is supported by the $1 billion Hurstville redevelopment and upgrades to Penshurst Park and the Hurstville Aquatic Leisure Centre. Key constraints are thin house yields and softening unit prices, despite stronger unit rental returns.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

1477m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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