3/574 Forest Rd, Penshurst NSW 2222
Penshurst Unit
Technical details
How this sale compares
Sold for $580,000 in Aug 2025, up $80,000 (16%) on the $500,000 paid in Oct 2021. That is about 3.9% a year over 3.8 years.
Over the same period the median unit price in Penshurst rose 18%, from $593,500 in 2021 to $700,000 in 2025.
The 2025 sale was 17% below the Penshurst median unit price for that year ($700,000 across 131 sales).
Since then the median unit price in Penshurst has risen 5%, from $700,000 in 2025 to $735,000 over the last 12 months (107 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 $580,000 on 6 Aug 2025, that rent is a gross yield of 5.4% 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.
Planning controls
- Zone
- E1 Local Centre
- Maximum building height
- 9 m
- Floor space ratio
- 1.5:1 Floor area allowed for each square metre of site
From the Georges River Local Environmental Plan 2021 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.
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 | |||
|---|---|---|---|---|---|---|
| 6 Aug 2025 | 17 Sep 2025 | $580,000 | - | - | - | 3/SP40408 |
| 6 Oct 2021 | 17 Nov 2021 | $500,000 | - | - | - | 3/SP40408 |
| 28 Apr 2015 | 9 Jun 2015 | $475,000 | - | - | - | 3/SP40408 |
$580,000 Sold 6 Aug 2025
Settled17 Sep 2025
Beds-
Baths-
Cars-
Title reference: 3/SP40408
$500,000 Sold 6 Oct 2021
Settled17 Nov 2021
Beds-
Baths-
Cars-
Title reference: 3/SP40408
$475,000 Sold 28 Apr 2015
Settled9 Jun 2015
Beds-
Baths-
Cars-
Title reference: 3/SP40408
Other sales at 574 Forest Rd
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 15 | 7 Sep 2026 | 16 Sep 2026 | $550,000 | - | - | - | 15/SP40408 |
| 12 | 14 Aug 2025 | 25 Sep 2025 | $555,000 | - | - | - | 12/SP40408 |
| 19 | 30 Jul 2025 | 10 Sep 2025 | $610,000 | - | - | - | 19/SP40408 |
| 7 | 14 Jun 2025 | 18 Jul 2025 | $570,000 | - | - | - | 7/SP40408 |
| 22 | 20 Mar 2025 | 1 May 2025 | $595,000 | - | - | - | 22/SP40408 |
| 10 | 28 Jan 2025 | 17 Mar 2025 | $553,000 | - | - | - | 10/SP40408 |
| 19 | 19 Sep 2024 | 22 Oct 2024 | $485,000 | - | - | - | 19/SP40408 |
| 4 | 27 May 2024 | 22 Jul 2024 | $550,000 | - | - | - | 4/SP40408 |
| 16 | 15 May 2023 | 19 Jun 2023 | $530,000 | - | - | - | 16/SP40408 |
| 15 | 13 Feb 2023 | 27 Mar 2023 | $479,000 | - | - | - | 15/SP40408 |
$550,000 Sold 7 Sep 2026
Title reference: 15/SP40408
$555,000 Sold 14 Aug 2025
Title reference: 12/SP40408
$610,000 Sold 30 Jul 2025
Title reference: 19/SP40408
$570,000 Sold 14 Jun 2025
Title reference: 7/SP40408
$595,000 Sold 20 Mar 2025
Title reference: 22/SP40408
$553,000 Sold 28 Jan 2025
Title reference: 10/SP40408
$485,000 Sold 19 Sep 2024
Title reference: 19/SP40408
$550,000 Sold 27 May 2024
Title reference: 4/SP40408
$530,000 Sold 15 May 2023
Title reference: 16/SP40408
$479,000 Sold 13 Feb 2023
Title reference: 15/SP40408
Recent sales on Forest Rd
Sold in the last two years.
- 12/475 Forest Rd, Penshurst 2222 $920,000 sold 6 Jun 2026
- 4/485 Forest Rd, Penshurst 2222 $712,000 sold 27 May 2026
- 9/598 Forest Rd, Penshurst 2222 $735,000 sold 20 Apr 2026
- 371 Forest Rd, Penshurst 2222 $825,000 sold 1 Apr 2026, 512 m²
- 14/598 Forest Rd, Penshurst 2222 $700,000 sold 23 Mar 2026
- 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
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 2/21 Nelson St, Penshurst 2222 $670,000 sold 9 Sep 2026
- 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
- 1/18 Jersey Ave, Mortdale 2223 $770,000 sold 13 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