Connelly St, Penshurst NSW 2222

Street

Street Summary

Connelly St, Penshurst NSW 2222 is a local road where 65% of residences are apartments. 3 homes sit above the street; 2 homes sit level with the street. 1 home is in a flood overlay and 3 are recommended for a flood check. 2 homes have other flood classifications. The street features apartment projects at 2, 24, and 10 Connelly St. There are insufficient recent house sales to calculate a reliable comparison against the suburb median.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Connelly St, Penshurst NSW 2222 property market.

Houses vs Apartments120 total lots
5%
65%
30%
Houses (5%)
Apartments (65%)
Townhouses/Villas/Unclassified (30%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Connelly St, Penshurst NSW 2222 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
High-sideFlat
3 lots
2 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
0 houses affected
Bushfire
0 houses affected
Flood
1 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Connelly St, Penshurst NSW 2222 over the past 5 years, plotted against the Penshurst NSW 2222 median house price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$1.3M$2.5M$3.8M$5.0MAug 21Apr 23Dec 24Aug 26$1.7M · 2022$1.8M · 2023$1.8M · 2024$2M · 2025$1.9M · 2026
Turnover rate0%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Connelly St, Penshurst NSW 2222 over the past 5 years, plotted against the Penshurst NSW 2222 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$250k$500k$750k$1.0MAug 21Apr 23Dec 24Aug 26$560k · 2022$589k · 2023$656k · 2024$652k · 2025$727k · 2026$620k · 2022-11-02 · 4/2 CONNELLY ST, PENSHURST NSW 2222$725k · 2024-09-04 · 4/2 CONNELLY ST, PENSHURST NSW 2222$840k · 2021-11-06 · 6/21 CONNELLY ST, PENSHURST NSW 2222$918k · 2021-12-23 · 8/21 CONNELLY ST, PENSHURST NSW 2222$900k · 2024-08-21 · 2/24 CONNELLY ST, PENSHURST NSW 2222$995k · 2025-10-16 · 3/24 CONNELLY ST, PENSHURST NSW 2222$940k · 2025-11-29 · 4/24 CONNELLY ST, PENSHURST NSW 2222
Apartment sales2Past 12 months
Turnover rate9%Past 5 years

Largest Apartment Projects

The largest apartment projects on Connelly St, Penshurst NSW 2222, ranked by number of lots.

1
2 CONNELLY ST, PENSHURST NSW 2222Small project (<20 lots)
2
24 CONNELLY ST, PENSHURST NSW 2222Small project (<20 lots)
3
10 CONNELLY ST, PENSHURST NSW 2222Small project (<20 lots)

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Living in Connelly St, Penshurst NSW 2222 : Street Profile & FAQs

Common questions about living on and buying property on Connelly St, Penshurst NSW 2222 — lifestyle, transport, and the local housing market.

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Connelly St an expensive or affordable street relative to Penshurst?

There are insufficient recent house sales on Connelly St to calculate a reliable premium or discount against the Penshurst average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

What are the risk and overlay factors on Connelly St?

There are no bushfire or heritage overlays on Connelly St, and no properties are affected by high-voltage powerlines. One property falls within a flood overlay, three are recommended for a flood check, and two fall under other flood classifications. A flood overlay or recommended flood check does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing. The two properties in other flood classifications have no flood risk identified or not mapped.

Are properties on Connelly St mostly on high, level or low ground?

3 homes sit above the street; 2 homes sit level with the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.

What type of road is Connelly St?

Connelly St is a local road. Local roads generally serve nearby residents and connect directly to collector or arterial roads.

Is Connelly St mostly houses or apartments?

There are 120 residential properties on Connelly St, with 5% being houses and 65% being apartments. The street is predominantly apartments.

What are the major apartment developments on Connelly St?

The major apartment developments on Connelly St include 2 Connelly St with 14 lots across 4 levels built in 1985, 24 Connelly St with 13 lots across 3 levels built in 2001, and 10 Connelly St with 12 lots across 1 level. These developments contribute to the street's apartment presence or higher-density residential character.

How many properties have sold on Connelly St?

2 apartments sold in the past 12 months, while no houses sold. The 5-year turnover rate for apartments is 9%, representing the proportion of properties that changed ownership during the past five years. No turnover data is available for houses.

Is Connelly St a good street to buy property on?

Connelly St is a local road with a predominantly apartment presence, making it well-suited for buyers seeking higher-density living. The street features a mix of site heights, with some homes sitting above or level with the street. While there are no bushfire or heritage overlays, buyers should note the flood classifications and the low sales activity for houses. It is a practical choice for those prioritising apartment living in Penshurst.