9/19 Cambridge Street, Penshurst NSW 2222
9/19 Cambridge Street, Penshurst NSW 2222
This 2-bedroom, 1-bathroom apartment / unit with 1 car spaces on a 953 sqm block is positioned in Penshurst NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Penshurst’s demand is anchored by the 27-minute Illawarra Line commute, Hurstville’s $1 billion redevelopment boosting retail and entertainment, and a family-friendly blend of schools, parks and local shops that keeps owner-occupiers committed. House prices around $2.0 million have delivered roughly 10% annual growth while units sit near $703k with flat to slightly negative movement, and the past quarter’s modest softening simply reflects a pause in a broadly steady six-month backdrop. Low vacancy below 1% and rental yields near 2.5% on houses (higher for units) keep investors cautious, yet the infrastructure upgrades and amenity investment sustain growth potential while limiting downside to the relatively thin margins on new stock.
PropCred gives you independent price analysis, growth outlook and risk insights on the exact property you’re buying.
Our analysts usually send their analysis within one hour.The professional investment deck prepared by our analyst team includes price guidance, rental returns, growth potential, and clear buy–or–don’t-buy recommendations, with the reasoning laid out behind the numbers.Reports are typically delivered within one hour.