Narwee vs Penshurst
Narwee (median $1,620,500) is roughly 16% cheaper to buy into than Penshurst ($1,930,000). Over the past year, Penshurst (+5.8%) ran 4.5 percentage points ahead of Narwee (+1.3%) on house-price growth.
Buying in Narwee or Penshurst?
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Narwee and Penshurst side by side
| Measure | Narwee | Penshurst |
|---|---|---|
| Price and market | ||
| Median house | $1,620,500 | $1,930,000 |
| Median unit | $364,320 | $641,000 |
| House price change, 12 months | +1.3% | +5.8% |
| Renting | ||
| House rent | $850/wk | $910/wk |
| Unit rent | $620/wk | $600/wk |
| Owner occupied | 53.0% | 61.0% |
| Renter occupied | 44.0% | 37.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1037 | 1057 |
| Lifestyle and people | ||
| Walk score | 52 | 100 |
| Transit score | 20 | 0 |
| Bike score | 100 | 100 |
| Population | 5,411 | 12,592 |
| Median age | 40 | 38 |
| Climate | ||
| Annual rainfall | 889 mm | 969 mm |
| Mean max, January | 28.3°C | 27.8°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Penshurst scores higher on walkability (52/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Penshurst (1057) sits above Narwee (1037).
- For buyers
- Narwee is the lower entry point at $1,620,500 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Narwee delivers the better gross yield (2.73% vs 2.45%), but Penshurst has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Penshurst edges out on average school ICSEA (1057 vs 1037).
Narwee vs Penshurst: common questions
Is Narwee or Penshurst cheaper to buy in?
Narwee has the lower median house price at $1,620,500, roughly 16% below Penshurst ($1,930,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Narwee or Penshurst?
Over the past 12 months, Penshurst grew +5.8% vs +1.3% in Narwee, a gap of 4.5 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Narwee or Penshurst have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Penshurst scores 1057 vs 1037 in Narwee. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Narwee or Penshurst?
Penshurst scores 100/100 on walkability vs 52/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Narwee or Penshurst?
Gross rental yield on houses is 2.73% in Narwee vs 2.45% in Penshurst. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
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