Penshurst, a charming suburb located in southern Sydney, New South Wales, is known for its leafy streets, welcoming community, and proximity to essential amenities. This family-friendly suburb boasts excellent public transport links, an array of recreational facilities, and a rich cultural backdrop, making it an ideal location for families, professionals, and retirees alike. This article examines the best residential areas within Penshurst, delineating their unique characteristics, housing options, and average prices.
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Penshurst CBD

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The CBD of Penshurst is vibrant and bustling, featuring a variety of shops, cafes, and restaurants. This area is perfect for those looking for convenience and a lively atmosphere, with easy access to public transport.
Characteristics of the Penshurst CBD
* Culture: Diverse shopping and dining options, community events
* Transportation: Excellent train and bus services; walking distance to many amenities
* Services: Supermarkets, banks, cafes, medical centres
* Environment: Lively and community-oriented
Housing Options in the Penshurst CBD
Units, Townhouses, Single-family homes
Average Home Prices in the Penshurst CBD
* Buying: $700,000 – $1,200,000
* Renting: $450 – $700/week
Penshurst Park

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Adjacent to the scenic Penshurst Park, this area offers a tranquil atmosphere surrounded by beautiful greenery. It's ideal for those seeking a quieter lifestyle while still being close to the action.
Characteristics of the Penshurst Park
* Culture: Outdoor activities and local art installations
* Transportation: Reliable bus services; walking paths throughout the park
* Services: Nearby schools, parks, and recreational facilities
* Environment: Quiet and peaceful
Housing Options in the Penshurst Park
Family homes, Duplexes, Granny flats
Average Home Prices in the Penshurst Park
* Buying: $900,000 – $1,300,000
* Renting: $600 – $800/week
Mortdale

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Located just a short distance from Penshurst, Mortdale is another charming suburb offering an array of housing options and a strong community feel. The area benefits from its proximity to the local train station, making it highly sought after by commuters.
Characteristics of the Mortdale
* Culture: Family-friendly community with local festivals
* Transportation: Train services and bus routes, ideal for commuting
* Services: Schools, parks, local shops, and dining options
* Environment: Community-driven and friendly
Housing Options in the Mortdale
Townhouses, Apartments, Semi-detached homes
Average Home Prices in the Mortdale
* Buying: $800,000 – $1,150,000
* Renting: $500 – $750/week
Hurstville Grove

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A peaceful, residential area known for its spacious homes and green surroundings, Hurstville Grove is perfect for families wanting access to parks and schools without being too far from urban conveniences.
Characteristics of the Hurstville Grove
* Culture: Community events and family-focused activities
* Transportation: Close to Hurstville train station, accessible bus routes
* Services: Good selection of schools, parks, and local shops
* Environment: Suburban and family-oriented
Housing Options in the Hurstville Grove
Large family homes, Duplexes, Townhouses
Average Home Prices in the Hurstville Grove
* Buying: $1,000,000 – $1,500,000
* Renting: $600 – $900/week
Oatley

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Oatley is another suburb adjacent to Penshurst known for its charming village atmosphere, leafy streets, and strong sense of community. It offers ample parks and recreational areas, making it ideal for families and nature enthusiasts.
Characteristics of the Oatley
* Culture: Cafes, parks, and vibrant community spirit
* Transportation: Efficient train services and bus options
* Services: Local shops, schools, and recreational facilities
* Environment: Friendly and relaxed
Housing Options in the Oatley
Period homes, Modern townhouses, Apartments
Average Home Prices in the Oatley
* Buying: $900,000 – $1,400,000
* Renting: $550 – $850/week
Lugarno

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Known for its stunning waterways and natural beauty, Lugarno offers a unique blend of suburbia and nature. Its proximity to the Georges River makes it a popular choice for outdoor enthusiasts, while the local schools and community facilities cater well to families.
Characteristics of the Lugarno
* Culture: Nature-focused community with emphasis on outdoor activities
* Transportation: Limited public transport; car recommended
* Services: Local shops, schools, and river access
* Environment: Scenic and tranquil
Housing Options in the Lugarno
Waterfront properties, Family homes, Modern townhouses
Average Home Prices in the Lugarno
* Buying: $1,200,000 – $1,800,000
* Renting: $700 – $1,000/week
Frequently Asked Questions About the Best Residential Areas in Penshurst:
The best residential areas in Penshurst include Penshurst CBD, Penshurst Park, Mortdale, Hurstville Grove, Oatley, and Lugarno.
Penshurst Park and Hurstville Grove are considered the most family-friendly areas, offering parks, schools, and a welcoming community.
Penshurst CBD has the highest concentration of amenities, including supermarkets, healthcare services, and dining options.
The average housing price in Penshurst ranges from $700,000 to $1,500,000, depending on the specific area and property type.
Yes, Penshurst is well-serviced by public transport, including trains and buses connecting to surrounding suburbs and the Sydney CBD.
The average rental cost in Penshurst ranges from $450 to $900 per week, depending on the property size and location.
Yes, Penshurst is home to several reputable primary and high schools, making it an attractive choice for families with children.
Penshurst features various parks, sports facilities, and community centres, providing ample opportunities for outdoor activities.
Penshurst has a vibrant community culture with local events, markets, and festivals held regularly, promoting a strong sense of belonging among residents.
Yes, Penshurst is considered a good investment for real estate due to its family-friendly environment, amenities, and potential for capital growth.
Conclusion on the Best Residential Areas in Penshurst:
Penshurst, New South Wales, presents an appealing range of residential areas, catering to various lifestyle preferences and demographics. Whether you’re attracted to the bustling community feel of Penshurst CBD, the tranquillity of Penshurst Park, or the scenic beauty of Lugarno, this suburb has something for everyone. The real estate market offers diverse housing options from spacious family homes to modern units. With excellent public transport, amenities, and schools, Penshurst remains a highly sought-after location for families, retirees, and first-home buyers. By choosing to live in one of Penshurst's best residential areas, you're not only gaining a home but becoming part of an enriching community that values connection, culture, and quality living.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.