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Penrith
NSW, 2750

Thinking about buying in Penrith? Now could not be a better time, with 17740 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,819,000 with prices in this suburb ranging from $30,000 to $787,520,000. The aproximate distance to the coast is 45 Km.

Household Makeup

Median Weekly Rent $389.22
Median Monthly Mortgage $1803.59
Median Persons Per Bedroom 0.84
Average Household Size 2.25
Average Age 36.44
Average Income $840.06
Average Cars Per Dwelling 1.28
Average Properties Within 50M 106

Housing Stock

Average Property Prices

1 Bed  $649,000
2 Bed  $679,000
3 Bed  $956,000
4 Bed  $1,229,000
5 Bed  $1,391,000
6 Bed+$2,273,000

Penrith Real Estate Market Outlook

In Penrith there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Penrith is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Penrith provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Penrith to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Penrith we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Penrith a better buying opportunity than it may have been in the past.

Penrith, a city situated in Greater Western Sydney, New South Wales, lies on the banks of the Nepean River. It is the administrative capital of its eponymous local government area, the City of Penrith. It is one of just 4 cities within the Greater Sydney region. First settled in 1804, the origins of its name are a subject of debate. One popular story is that it was named for the town of Penrith in Cumbria by a man who noticed some similarities between the two cities; another is that it is a corruption of Penryhn, a name which may have come from a ship carrying women convicts from England. As a major commercial hub, Penrith contains two shopping centres and is densely populated by shops, restaurants and other outlets.

As both a city in its own right and a suburb of Sydney, being just 55 kilometres from its central business district, Penrith is a bustling centre of commerce, business and culture. The North Shore and Western line runs through Penrith Station, connecting the city to Sydney directly, and access by road to the city is provided by the Great Western Highway among other major roads. Penrith is well connected, well serviced and full of opportunity and excitement.

Properties for sale Penrith

Century 21 unit 1004, 8 aviators way, penrith, nsw, 2750 Beds1 Bathrooms1 Parking 1 $580,000 TO $620,000
OneAgency 24 ladbury av, penrith, nsw, 2750 Beds6 Bathrooms3 Parking 2 $1,899,000 to $1,999,000
PRD 56 warwick st, penrith, nsw, 2750 Beds3 Bathrooms1 Parking 1 $1,200,000 - $1,250,000
PRD unit 1, 175 stafford st, penrith, nsw, 2750 Beds3 Bathrooms3 Parking 2 Under Offer
PRD unit 2, 151 stafford st, penrith, nsw, 2750 Beds3 Bathrooms1 Parking 1 Just Listed
PRD unit 501, 10 aviators way, penrith, nsw, 2750 Beds2 Bathrooms2 Parking 1 $649,000 - $699,000
PRD 56 glebe pl, penrith, nsw, 2750 Beds3 Bathrooms1 Parking 1 Under Offer
PRD unit 5, 52 castlereagh st, penrith, nsw, 2750 Beds2 Bathrooms1 Parking 1 Under Offer
Ray White 20-28 lethbridge st, penrith, nsw, 2750 Beds0 Bathrooms0 Parking 0 5000000
Ray White unit 9, 3 the crescent, penrith, nsw, 2750 Beds2 Bathrooms1 Parking 1 350000
Ray White unit 5, 149-151 derby st, penrith, nsw, 2750 Beds3 Bathrooms2 Parking 2 699000
Ray White unit 25, 132 lethbridge st, penrith, nsw, 2750 Beds2 Bathrooms1 Parking 1 380000
Ray White unit 204, 10 aviators way, penrith, nsw, 2750 Beds2 Bathrooms2 Parking 2 650000
Ray White unit 707, 81a lord sheffield cct, penrith, nsw, 2750 Beds1 Bathrooms1 Parking 1 480000
Ray White unit 407, 81b lord sheffield cct, penrith, nsw, 2750 Beds2 Bathrooms2 Parking 1 499000
Ray White unit 1, 194 stafford st, penrith, nsw, 2750 Beds3 Bathrooms2 Parking 1 730000
Ray White 59 fernandez lane, penrith, nsw, 2750 Beds4 Bathrooms3 Parking 2 1000000
Ray White unit 7, mountainview retreat, 37 mulgoa rd, penrith, nsw, 2750 Beds2 Bathrooms1 Parking 0 360000
Ray White unit 29, mountainview retreat, 37 mulgoa rd, penrith, nsw, 2750 Beds2 Bathrooms1 Parking 0 400000
Remax unit 2, 23 barber av, penrith, nsw, 2750 Beds3 Bathrooms2 Parking 1 JUST LISTED - Ideal Fi..

Local Schools

Kingswood Park Public School

Penrith Public School

Penrith High School

St Nicholas of Myra Primary School

Penrith Lakes Environmental Education Centre

Penrith South Public School

St Dominic's College

Cambridge Gardens Public School

McCarthy Catholic College (Emu Plains)

Kingswood South Public School

(While the above schools are located with the suburb of Penrith there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Penrith weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.518.631.642.294.32.922.2
Feb3.518.029.746.295.12.718.8
Mar4.615.92749.996.02.415.5
Apr2.212.224.647.496.72.014.0
May1.17.221.146.996.71.711.4
Jun2.35.818.054.2971.99.2
Jul0.63.718.643.994.72.210.7
Aug1.14.320.037.892.82.613.2
Sept1.17.623.234.593.22.917.3
Oct1.511.625.338.794.12.819.7
Nov2.314.828.239.994.12.922.6
Dec2.616.629.839.994.3323.7

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

11-12-2024 $730,000 102 / 10 RANSLEY ST BUILDING A
10-12-2024 $420,000 9 / 20 CASTLEREAGH ST
09-12-2024 $513,000 1 / 9 HAYNES ST
09-12-2024 $950,000 214 STAFFORD ST
09-12-2024 $477,500 432 / 1 LORD SHEFFIELD CCT
06-12-2024 $960,000 9 ARAKOON AVE
06-12-2024 $1,090,000 60 EMPIRE CCT
06-12-2024 $540,000 44 / 13 ROBERT ST
05-12-2024 $830,000 1 FLINT AVE
04-12-2024 $1,060,000 10 WATSON DR
03-12-2024 $1,250,000 49 BROWN ST
03-12-2024 $660,000 8 / 58 CASTLEREAGH ST
03-12-2024 $435,000 309 / 8 AVIATORS WAY
02-12-2024 $515,000 510 / 60 LORD SHEFFIELD CCT
02-12-2024 $460,000 17 / 21 CASTLEREAGH ST
02-12-2024 $1,204,000 86 DERBY ST
02-12-2024 $737,500 8 / 61 MULGOA RD
02-12-2024 $580,000 53 / 40 UNION RD
29-11-2024 $577,000 45 / 83 UNION RD
28-11-2024 $545,000 215 / 25 HOPE ST
28-11-2024 $750,000 167 COX AVE
28-11-2024 $885,000 63 GLEBE PL
28-11-2024 $900,000 61 CASTLEREAGH ST
28-11-2024 $685,000 3 / 90 COX AVE
27-11-2024 $760,000 409 / 10 RANSLEY ST BUILDING B
27-11-2024 $465,000 209 / 8 AVIATORS WAY
26-11-2024 $535,000 9 / 7 LEMONGROVE RD
25-11-2024 $580,000 3 / 144 HIGH ST
25-11-2024 $382,000 21 / 175 DERBY ST
25-11-2024 $932,000 56 COREEN AVE
25-11-2024 $765,555 2 / 10 TORNAROS AVE
25-11-2024 $715,000 5 / 57 KING ST
21-11-2024 $950,000 21 ROBERT ST
20-11-2024 $500,000 142 / 25 HOPE ST
20-11-2024 $385,000 4 / 5 THURSTON ST
19-11-2024 $530,000 27 / 40 BARBER AVE
18-11-2024 $1,000,000 52 ALLARD ST
18-11-2024 $830,000 50 SEYMOUR LANE
18-11-2024 $565,000 27 / 83 UNION RD
15-11-2024 $1,250,000 6 / 9 LAMBRIDGE PL
15-11-2024 $665,000 6 / 34 ROBERT ST
14-11-2024 $492,500 312 / 60 LORD SHEFFIELD CCT
13-11-2024 $550,000 2 / 40 HAYNES ST
13-11-2024 $440,000 10 / 21 KING ST
13-11-2024 $520,000 25 / 42 LETHBRIDGE ST
12-11-2024 $552,000 6 / 37 EVAN ST
05-11-2024 $522,000 10 / 5 LETHBRIDGE ST
05-11-2024 $545,000 13 / 79 UNION RD
04-11-2024 $1,101,000 15 CERES ST
04-11-2024 $703,000 22 / 132 COREEN AVE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Cambridge GardensEmu PlainsJamisontownCambridge ParkSouth PenrithKingswoodWerrington DownsRegentvilleEmu HeightsCranebrook

Public Transport


General Points of Interest

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