Side by sideSuburb comparison

Narwee vs Penshurst.

Comparing two suburbs with median house prices of $1,620,500 and $1,930,000. Penshurst edges out on more headline metrics in this comparison.

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.

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).

The takeWhich suburb suits which buyer

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

Penshurst carries both higher gross yield (1.62% vs 1.35%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Penshurst edges out on average school ICSEA (1057 vs 1037).

Common questionsNarwee 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 1.62% in Penshurst vs 1.35% in Narwee. 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.

The numbers behind the take

Narwee
Metric
Penshurst

Price & Market

$1,620,500
Median house
$1,930,000
$364,320
Median unit
$641,000
+1.3%
Annual growth (house)
+5.8%
Days on market

Rental

$420/wk
Rent (house / wk)
$600/wk
$354/wk
Rent (unit / wk)
$400/wk
53.0%
Owner occupied
61.0%
44.0%
Renter occupied
37.0%

Lifestyle & Demographics

52
Walk score
100
20
Transit score
0
100
Bike score
100
5,411
Population
12,592
40
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1037
Avg ICSEA
1057

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).