16/598 Forest Rd, Penshurst NSW 2222
Penshurst Unit
Technical details
How this sale compares
Sold for $560,000 in Nov 2024, up $70,000 (14%) on the $490,000 paid in May 2016. That is about 1.6% a year over 8.5 years.
Over the same period the median unit price in Penshurst rose 21%, from $575,000 in 2016 to $694,000 in 2024.
The 2024 sale was 19% below the Penshurst median unit price for that year ($694,000 across 126 sales).
Since then the median unit price in Penshurst has risen 7%, from $694,000 in 2024 to $745,000 over the last 12 months (105 sales).
Penshurst medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Penshurst sold prices by year.
Rent and yield
Units in postcode 2222 rented for a median $600 a week, from 289 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $560,000 on 13 Nov 2024, that rent is a gross yield of 5.6% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Penshurst.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 13 Nov 2024 | 15 Jan 2025 | $560,000 | - | - | - | 16/SP86082 |
| 18 May 2016 | 22 Jun 2016 | $490,000 | - | - | - | 16/SP86082 |
$560,000 Sold 13 Nov 2024
Settled15 Jan 2025
Beds-
Baths-
Cars-
Title reference: 16/SP86082
$490,000 Sold 18 May 2016
Settled22 Jun 2016
Beds-
Baths-
Cars-
Title reference: 16/SP86082
Other sales at 598 Forest Rd
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 9 | 20 Apr 2026 | 9 Jun 2026 | $735,000 | - | - | - | 9/SP86082 |
| 14 | 23 Mar 2026 | 17 Apr 2026 | $700,000 | - | - | - | 14/SP86082 |
| 1 | 25 Nov 2021 | 22 Dec 2021 | $680,000 | - | - | - | 1/SP86082 |
| 14 | 4 Apr 2018 | 8 May 2018 | $635,000 | - | - | - | 14/SP86082 |
| 12 | 13 Jan 2018 | 5 Mar 2018 | $625,000 | - | - | - | 12/SP86082 |
| 6 | 3 Jul 2017 | 3 Oct 2017 | $570,000 | - | - | - | 6/SP86082 |
| 15 | 24 May 2016 | 23 Jun 2016 | $610,000 | - | - | - | 15/SP86082 |
| 17 | 19 Jan 2016 | 1 Mar 2016 | $463,000 | - | - | - | 17/SP86082 |
$735,000 Sold 20 Apr 2026
Title reference: 9/SP86082
$700,000 Sold 23 Mar 2026
Title reference: 14/SP86082
$680,000 Sold 25 Nov 2021
Title reference: 1/SP86082
$635,000 Sold 4 Apr 2018
Title reference: 14/SP86082
$625,000 Sold 13 Jan 2018
Title reference: 12/SP86082
$570,000 Sold 3 Jul 2017
Title reference: 6/SP86082
$610,000 Sold 24 May 2016
Title reference: 15/SP86082
$463,000 Sold 19 Jan 2016
Title reference: 17/SP86082
Recent sales on Forest Rd
Sold in the last two years.
- 15/574 Forest Rd, Penshurst 2222 $550,000 sold 7 Sep 2026
- 12/475 Forest Rd, Penshurst 2222 $920,000 sold 6 Jun 2026
- 4/485 Forest Rd, Penshurst 2222 $712,000 sold 27 May 2026
- 371 Forest Rd, Penshurst 2222 $825,000 sold 1 Apr 2026, 512 m²
- 525 Forest Rd, Penshurst 2222 $1,922,000 sold 23 Jan 2026, 644 m²
- 517 Forest Road, Penshurst 2222 $1,300,000 sold 14 Jan 2026, 443 m²
- 6/415 Forest Road, Penshurst 2222 $850,000 sold 23 Dec 2025
- 6/528 Forest Road, Penshurst 2222 $1,050,000 sold 15 Oct 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 21 Queensbury Rd, Penshurst 2222 $1,800,000 sold 6 Sep 2026, 395 m²
- 7/44 Ocean St, Penshurst 2222 $680,000 sold 3 Sep 2026
- 7/21 Nelson St, Penshurst 2222 $710,000 sold 26 Aug 2026
- 13/72 Jersey Ave, Mortdale 2223 $710,000 sold 14 Aug 2026
- 2/16 Nelson St, Penshurst 2222 $605,000 sold 22 Jul 2026
- 6/56 Jersey Ave, Mortdale 2223 $725,000 sold 21 Jul 2026
- 5/42 Jersey Ave, Mortdale 2223 $655,000 sold 13 Jul 2026
- 18 Immarna Pl, Penshurst 2222 $2,605,000 sold 3 Jul 2026, 346 m²