Ocean St, Penshurst NSW 2222
Ocean St, Penshurst NSW 2222 is a predominantly apartment-focused street in the suburb. With 82.9% of residential stock comprising units, the area is defined by multi-level developments rather than detached homes. Recent market activity shows 22 apartment sales in the last year, with a 5-year turnover rate of 18.3%. Notable projects include the 24-lot complex at 3 Ocean St, the 21-lot building at 43 Ocean St, and the 20-lot development at 19 Ocean St. There are insufficient recent house sales to calculate a reliable comparison against the suburb median.
The mix of houses and apartments (units) that make up the Ocean St, Penshurst NSW 2222 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
Actual house sales on Ocean St, Penshurst NSW 2222 over the past 5 years, plotted against the Penshurst NSW 2222 median house price trend over the same period.
Actual apartment (unit) sales on Ocean St, Penshurst NSW 2222 over the past 5 years, plotted against the Penshurst NSW 2222 median apartment price trend over the same period.
The largest apartment projects on Ocean St, Penshurst NSW 2222, ranked by number of lots.
44 popular apartments on Ocean St, Penshurst NSW 2222
Get the knest.ai app
Gain ultimate insights into any property
Buyer-focused property platform identifying risks, price estimates, 3D land maps and more to help you make smarter decisions — completely free.
Common questions about living on and buying property on Ocean 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 Ocean St an expensive or affordable street relative to Penshurst?
There are insufficient recent house sales on Ocean 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 Ocean St?
There are no recorded bushfire, heritage, or high-voltage overlays on Ocean St. Flood mapping data is also unavailable for the street. Buyers should review council mapping, flood reports and insurance costs before purchasing to confirm the absence of flood risk.
Are properties on Ocean St mostly on high, level or low ground?
There is no house/duplex/terrace elevation data available for Ocean St. Buyers should assess the specific property site height rather than relying on street averages, as individual site characteristics vary.
What type of road is Ocean St?
Ocean St is classified as a local road, which generally serves nearby residents rather than carrying through traffic. Speed limit and traffic volume data are not available for this street.
Is Ocean St mostly houses or apartments?
Ocean St has 579 residential properties, with 82.9% being apartments and 0% being houses. The street is predominantly an apartment-focused residential area.
What are the major apartment developments on Ocean St?
The major apartment developments on Ocean St are 3 Ocean St (24 lots, 4 levels, built in 1981), 43 Ocean St (21 lots, 4 levels, built in 1975), and 19 Ocean St (20 lots, 2 levels, built in 1966). These developments contribute to the street's higher-density residential character.
How many properties have sold on Ocean St?
22 apartments sold on Ocean St in the past 12 months, while no houses sold. The 5-year turnover rate for apartments is 18.3%, meaning 18.3% of apartments changed ownership during the past five years. House sales and turnover data are unavailable.
Is Ocean St a good street to buy property on?
Ocean St is best suited for apartment buyers seeking a local-road residential environment. The street offers a high-density living environment with established apartment developments, but lacks recent house sales data and specific risk overlay mapping.
73 Nearby Streets in Penshurst, NSW 2222