Back 4/40 Ocean Street
Off Market

4/40 Ocean Street

Penshurst NSW 2222

2
1
1
Apartment
Last sold for $585,000
Michael StojanovicMichael Stojanovic, last sold this property on 08 September 2025 after 14 days on market.

Overview

SOLD ABOVE ASKING PRICE! Call Michael Stojanovic - St George Property Agents

Positioned in a well-maintained complex of just 8 residences, this stylishly updated two-bedroom apartment offers both comfort and convenience. Ideally located within walking distance to Penshurst’s vibrant shopping and dining precinct, local schools, and with a bus stop at your doorstep, this home is perfect for first-time buyers or investors alike. - Open-plan living and dining area with plenty of natural light - Two generously sized bedrooms, main featuring a large built-in wardrobe - Contemporary interiors with a sleek, renovated bathroom - Spacious and tidy kitchen with ample storage throughout - Undercover carport for added convenience Just minutes from Penshurst Station, this beautifully presented apartment offers a low-maintenance lifestyle in an ultra-convenient setting. Whether you're looking to move straight in or secure a smart investment, this property is a must-see. Contact Michael Stojanovic today or visit our office at 8/3 Connelly Street, Penshurst to arrange an inspection.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Penshurst over the last 12 months, the estimated median property value of 4/40 Ocean Street is $690k.

Median value
$690k
Estimated value range
$2.5k - $880k
Median days on market
22
Estimated value trend
6%
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 4/40 Ocean Street

2025
Sold
$585,000
08 Sep 2025 by Michael Stojanovic, of St George Property Agents
2019
Sold
$463,000
17 Sep 2019 by Mark Somboli, of Belle Property St George
2018
Rented
Undisclosed
Leased on 26 Nov 2018 by Belle Property St George

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 62 reviews in Penshurst over the last 12 months.

Local market activity for 2 bedroom apartments in Penshurst

In the last 12 months, 58 two-bedroom apartments similar to 4/40 Ocean Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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