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Off Market

12/574-576 Forest Road

Penshurst NSW 2222

2
1
1
0 m²
Unit
Last sold for $555,000
Cooper JudgeCooper Judge, last sold this property on 21 August 2025 after 108 days on market.

Overview

|| SOLD FOR $555,000 BY COOPER JUDGE ||

“Refreshed 2nd Floor Apartment with Dual Balconies” Delivering a stylish blend of functionality, durability, and lifestyle appeal, this recently refreshed two-bedroom apartment offers a fantastic opportunity for first-home buyers, investors, and downsizers alike. Set on the second floor of a solid double brick complex, this home features two separate balconies, quality finishes, and light-filled interiors that maximise comfort and practicality. With a flowing layout and low-maintenance design, this apartment is well-positioned for those seeking convenience, privacy, and long-term value in the heart of Penshurst. This property is completed by quality inclusions such as: - Open-plan living/dining space with floating timber flooring, downlights throughout, and a split-system air conditioning unit for year-round climate control. - Refreshed kitchen featuring a laminate benchtop, tiled splashback, stainless steel sink, ample cupboard storage, and 600mm Technika induction cooktop and oven. - Two well-sized bedrooms, both carpeted and offering direct access to a private rear-facing balcony. - Main bathroom combines convenience and practicality, featuring a shower/bath combo, vanity, toilet, and integrated laundry area with stainless steel tub and additional storage. - Light-filled front balcony off the living area offering open views and natural ventilation. - Secure ground-level parking space and a dedicated lock-up storage cage. - Currently tenanted for $450 per week - Ideally located just 400m from Olds Park and only 900m from Penshurst Station and CBD, this apartment places you within easy reach of the suburb’s key lifestyle offerings. With shops, schools, dining, and transport just moments away, this home offers everyday convenience in a well-connected, desirable neighbourhood. This is a rare opportunity to secure a low-maintenance, well-located apartment in a tightly held suburb. Whether you're stepping into the market, adding to your portfolio, or downsizing without compromise, this property delivers lifestyle, location, and long-term value. The team at First National Collective are proud to present this excellent opportunity to the market. With its combination of thoughtful updates, solid construction, and prime location, we are confident it will be a much-loved home or smart investment for years to come. First National Real Estate Collective believes that all the information contained herein is true and correct to the best of our ability however we encourage all interested parties to carry out their own enquiries.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Penshurst over the last 12 months, the estimated median property value of 12/574-576 Forest Road is $725.5k.

Median value
$725.5k
Estimated value range
$555k - $965k
Median days on market
21
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penshurst. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/574-576 Forest Road

2025
Sold
$555,000
21 Aug 2025 by Cooper Judge, of First National Real Estate Collective

Happy sellers in Penshurst

87%
87% of sellers in Penshurst reported that their sale price either exceeded or met their price expectations.

Penshurst stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 61 reviews in Penshurst over the last 12 months.

Local market activity for 2 bedroom units in Penshurst

In the last 12 months, 39 two-bedroom units similar to 12/574-576 Forest Road, have been sold.

This represents a 62% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

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Michael Stojanovic

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Christopher Antipas

Christopher Antipas is a recommended agent for Penshurst.  They have 9 local sales and collected 11 local reviews across the last 12 months.

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Mele Gong

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Jack Huggett

Jack Huggett is an award winning recommended agent for Penshurst.  They have 6 local sales and collected 6 local reviews across the last 12 months.

  •   5   (485 reviews)
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