← Board · Penshurst — prices, sales, schools, crime

16 Nelson Street, Penshurst

Strata plan SP12858 · 8 lots (NSW Strata Hub) · registered 1978-02-14 (age floor) · VG property id 1477443

This building has 7 recorded sales since 2015; 100% of its 3 tracked resales sold above the owner's purchase price. Every figure below is a government record with its source named — and the last section lists what the public record cannot tell you.

16 Nelson St, Penshurst has 8 strata lots. In the 2222 postcode, 1-bedroom apartments have a median rent of $458/wk with the middle half of rents between $420–$525/wk, while 2-bedroom units rent at a median of $620/wk ($580–$648/wk for the middle half), and 3-bedroom apartments at $800/wk median ($730–$850/wk).

Written by AI from the government records on this page — checked figure-by-figure against them (2026-08-28). A description of the record, never advice.

Every sale in this building

7 priced transfers on the public record since 2015. Across 3 same-unit resales, owners held a median 10.1 years and 100% sold above what they paid (median +1.8%/yr gross — price only, before costs and any renovation).

In the last three years, 2 lots changed hands — 25% of the scheme's 8 lots. Trailing 36 months of VG transfers ÷ registered lot count.

Unit 6$635k2026-04-18

Unit 2$545k2025-06-29

Unit 3$250k2023-07-13

Unit 4$472k2022-04-29

Unit 2$455k2015-05-22

Unit 6$475k2015-04-17

NSW Valuer General bulk property sales information (CC-BY), every lot sharing this building's property id; unit labels are the register's own strings. Transfers under 3 months apart are excluded as double entries; growth figures are gross price movements, not returns.

What units here actually rent for

1-bed$420–$525/wkmedian $45854 bonds, last 12 mo

2-bed$580–$648/wkmedian $62042 bonds, Q2 2026

3-bed$730–$850/wkmedian $80023 bonds, last 12 mo

Real transacted rents — every residential bond lodged in postcode 2222 (NSW Fair Trading, CC-BY). Postcode is the finest geography the source publishes; the middle half (25th–75th percentile) is shown because identical floor plans in one building can lease hundreds apart.

Nearby buildings with dossiers

54 Ocean St7 sales · 12 lots

58 Ocean St7 sales · 18 lots

16 St Georges Rd7 sales · 12 lots

556 Forest Rd35 sales · 31 lots · 90% of resales above purchase

33 Victoria Ave22 sales · 42 lots · 100% of resales above purchase

What this dossier cannot tell you

Stated so a gap never reads as a clean bill (rule 7's positive form — silence is not evidence):

The strata books. Levies, the capital-works (sinking) fund, insurance, AGM minutes, and any defect claims in progress are not public records. Only a strata report — a paid inspection of the owners corporation's own books — has them. If you are serious about a unit here, buy that report; nothing on this page substitutes for it.
When the building was actually completed. The 1978 registration date is a floor — the scheme existed by then. Occupation certificates aren't in our sources; a conveyancer can obtain them.
Bedrooms on sales records. The Valuer General publishes no bedroom counts, so the sales above are every configuration pooled — a $732k sale and a $1.38M sale may be different-sized homes, not a price swing.
This building's own rents. Bond data is postcode-grain — the ranges above are the area's real transactions, not this building's ledger.
Why any individual vendor is selling. The patterns above are the building's record; no line on this page is a claim about a particular home or owner.

© State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au. VG figures: NSW Valuer General bulk property sales information (CC-BY). Every fact above names its source; where a source doesn't cover this building, the section doesn't appear.