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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

Belle Property UNIT 9, 21-23 KING ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 $430,000 - $460,000
Century 21 UNIT 12, 50 RODLEY AV, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 P.O.A.
Elders UNIT 154, 569 HIGH ST, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 4 $2,150,000 - $2,200,000
Elders UNIT 1, 32 DOONMORE ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 AUCTION unless sold prior: $800,000
Harcourts UNIT 23, 38-40 HOPE ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 UNDER CONTRACT!
PRD UNIT 15, 144-148 HIGH ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 Under Offer
PRD UNIT 902, 10 AVIATORS WAY, PENRITH, NSW, 2750 Beds1 Bathrooms1 Parking 1 $479,000 - $509,000
PRD 7 NEPEAN AV, PENRITH, NSW, 2750 Beds5 Bathrooms3 Parking 2 $2,699,000 - $2,995,000
PRD 7 BLAXLAND AV, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 1 $1,250,000
PRD 137-141 DERBY ST, PENRITH, NSW, 2750 Beds6 Bathrooms3 Parking 3 $2,099,000
Professionals 80 DOONMORE ST, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 1 Price: Contact Agent
Professionals UNIT 6, 38 CASTLEREAGH ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 $420,000
Ray White UNIT E927, 1-39 LORD SHEFFIELD CCT, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 599000
Ray White UNIT 2, 217 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 419000
Ray White UNIT 810, 8 AVIATORS WAY, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 679000
Ray White UNIT 24, 132 COREEN AV, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 1 599000
Ray White UNIT 30, 282-284 HIGH ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 465000
Ray White UNIT 10, 19-21 THURSTON ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 520000
Ray White UNIT 20, 38-40 HOPE ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 599000
Ray White UNIT 106, 29-31 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 540000
Ray White UNIT 15, 40-42 BARBER AV, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 450000
Ray White 20-28 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds0 Bathrooms0 Parking 0 5000000
Ray White 38A ARAKOON AV, PENRITH, NSW, 2750 Beds4 Bathrooms3 Parking 2 855000
Ray White 2 MARKHAM AV, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 620000
Ray White 100 KAREELA AV, PENRITH, NSW, 2750 Beds5 Bathrooms3 Parking 4 950000
Remax UNIT 13, 213 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 JUST LISTED - 2-Bedroo..
Remax UNIT 21, 171-173 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 JUST LISTED - Ideal Fi..
Starrpartners 25 ORANA AV, PENRITH, NSW, 2750 Beds4 Bathrooms2 $849,950 - $879,950
Starrpartners UNIT 6, 213 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 $369,950

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

11-04-2024 $603,500 6 / 11 WARWICK ST
10-04-2024 $526,000 21 / 12 HOPE ST
09-04-2024 $550,000 2 / 282 HIGH ST
09-04-2024 $905,000 97 JAMISON RD
08-04-2024 $400,000 9 / 21 HAYNES ST
08-04-2024 $555,000 17 / 40 UNION RD
05-04-2024 $1,500,000 44 CASTLEREAGH ST
05-04-2024 $550,000 14 / 10 RANSLEY ST BUILDING B
03-04-2024 $570,000 11 / 50 RODLEY AVE
03-04-2024 $520,000 19 / 13 ROBERT ST
02-04-2024 $350,000 6 / 23 PEACHTREE RD
02-04-2024 $1,350,000 97 LADBURY AVE
02-04-2024 $500,000 7 / 13 ROBERT ST
02-04-2024 $630,000 18 / 83 UNION RD
28-03-2024 $565,000 53 / 42 LETHBRIDGE ST
27-03-2024 $800,000 81 COPELAND ST
26-03-2024 $495,000 312 / 10 RANSLEY ST BUILDING B
25-03-2024 $569,000 22 / 40 UNION RD
25-03-2024 $590,000 4 / 29 LETHBRIDGE ST
22-03-2024 $370,000 8 / 4 THE CRESCENT
21-03-2024 $582,500 59 / 40 UNION RD
20-03-2024 $575,000 501 / 36 BARBER AVE
18-03-2024 $316,000 1 / 25 HAYNES ST
15-03-2024 $550,000 4 / 36 PEACHTREE RD
12-03-2024 $369,000 5 / 15 THURSTON ST
12-03-2024 $495,000 415 / 60 LORD SHEFFIELD CCT
12-03-2024 $505,000 327 / 10 RANSLEY ST BUILDING D
11-03-2024 $755,000 40 / 50 RODLEY AVE
11-03-2024 $290,000 6 / 205 DERBY ST
11-03-2024 $600,000 4 / 7 LEMONGROVE RD
08-03-2024 $720,000 3 / 82 COX AVE
08-03-2024 $510,000 7 / 7 LEMONGROVE RD
08-03-2024 $540,000 23 / 42 LETHBRIDGE ST
07-03-2024 $372,000 2 / 171 DERBY ST
06-03-2024 $805,000 3 / 32 ROBERT ST
05-03-2024 $850,000 41 COOPER ST
01-03-2024 $540,000 26 / 42 LETHBRIDGE ST
29-02-2024 $3,800,000 11 PEACHTREE RD
29-02-2024 $1,200,000 288 HIGH ST
28-02-2024 $438,000 27 / 132 LETHBRIDGE ST
27-02-2024 $932,000 23 WALSHAW ST
26-02-2024 $661,500 25 SHERWOOD CCT
26-02-2024 $575,000 43 / 83 UNION RD
26-02-2024 $550,000 1 / 31 KING ST
26-02-2024 $665,000 328 / 10 RANSLEY ST BUILDING D
23-02-2024 $579,000 11 / 31 KING ST
22-02-2024 $305,000 2 / 3 THE CRESCENT
16-02-2024 $620,000 67 / 12 VISTA ST
16-02-2024 $560,000 208 / 29 LETHBRIDGE ST
15-02-2024 $950,000 30 HOPE ST

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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