Check another suburbYour suburb, scored · Data as of Oct 2026
Penshurst, VIC
R-Score 82 / 100 — ranked #2,841 of 15,286 suburbs this month
Market conditions here are running warmer than most
Most of the demand and supply indicators we track are sitting above the national midpoint this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Penshurst →
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Best Streets in Penshurst, VIC
Compare every street in Penshurst (VIC) on the Street Score →
Other High-Scoring Suburbs in Southern Grampians (VIC)
- ColeraineR-Score 100/100 · Streets →
- CavendishR-Score 98/100 · Streets →
- BranxholmeR-Score 97/100 · Streets →
- HamiltonR-Score 96/100 · Streets →
- GlenthompsonR-Score 95/100 · Streets →
- TarringtonR-Score 88/100 · Streets →
| Indicator | Penshurst Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 82 / 100 | Ranked #2,841 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $400,000 | +86% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $1500/wk | Implies a 0% gross rental yield at the current median price |
| Rental Vacancy Rate | 2.4% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 36 days | Part of Southern Grampians (VIC) council area (LGA avg R-Score 56/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Penshurst, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Penshurst VIC FAQs
Frequently Asked Questions: Investing in Penshurst, VIC
Is Penshurst VIC a good suburb for property investment in 2026?
As of Oct 2026, Penshurst (VIC 3289) scores 82/100 on the Ripehouse R-Score, ranking #2,841 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $400,000, median rent of $1500/wk, gross yield of 0%, and vacancy of 2.4%.
What is the median house price and 12-month growth in Penshurst VIC?
The current median property price in Penshurst (VIC) is $400,000 (Oct 2026), representing a +86% change over the past 12 months. Properties in Penshurst currently spend a median of 36 days on market.
What is the rental yield and vacancy rate in Penshurst VIC?
In Penshurst (VIC), the median weekly asking rent is $1500/wk, producing a gross rental yield of 0%. The suburb vacancy rate is 2.4% as of Oct 2026.
What are the best streets in Penshurst VIC?
Ripehouse Advisory scores every G-NAF street in Penshurst against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Penshurst Street Score tool on this page to compare individual streets.
Which council area (LGA) is Penshurst VIC located in?
Penshurst (VIC, postcode 3289) is located in the Southern Grampians council area (LGA). Across Southern Grampians, the council-wide average R-Score is 56/100 across 57 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.