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Penrith
NSW, 2759

Thinking about buying in Penrith? Now could not be a better time, with 7306 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $998,000 with prices in this suburb ranging from $30,000 to $46,496,000. The aproximate distance to the coast is 36 Km.

Household Makeup

Median Weekly Rent $443.52
Median Monthly Mortgage $2149.10
Median Persons Per Bedroom 0.83
Average Household Size 3.00
Average Age 35.97
Average Income $850.48
Average Cars Per Dwelling 2.06
Average Properties Within 50M 9

Housing Stock

Average Property Prices

1 Bed  $798,000
2 Bed  $941,000
3 Bed  $1,001,000
4 Bed  $1,124,000
5 Bed  $1,277,000
6 Bed+$2,155,000

Penrith Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Penrith due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Penrith classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. '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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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.

Houses for sale Penrith

Harcourts 8 SOLANDER DR, ST CLAIR, NSW, 2759 Beds3 Bathrooms1 Parking 1 Just Listed
Harcourts 43 MADISON CCT, ST CLAIR, NSW, 2759 Beds3 Bathrooms2 Parking 1 Just Listed - Granny Flat Potential!
PRD 61 ROTORUA RD, ST CLAIR, NSW, 2759 Beds5 Bathrooms5 Parking 2 Auction Onsite Saturday 11th May
Ray White 40 DENVER RD, ST CLAIR, NSW, 2759 Beds5 Bathrooms2 Parking 4 1000000
Ray White 6 HASCOMBE WAY, ST CLAIR, NSW, 2759 Beds4 Bathrooms1 Parking 2 830000
Ray White 197 BENNETT RD, ST CLAIR, NSW, 2759 Beds3 Bathrooms2 Parking 2 950000
Ray White 27 FONTANA CL, ST CLAIR, NSW, 2759 Beds4 Bathrooms1 Parking 1 920000
Ray White 35 COOWARRA DR, ST CLAIR, NSW, 2759 Beds4 Bathrooms1 Parking 4 1000000
Ray White 23 NAPUNYAH WAY, ST CLAIR, NSW, 2759 Beds3 Bathrooms1 Parking 4 950000
Ray White 114 PINE CREEK CCT, ST CLAIR, NSW, 2759 Beds3 Bathrooms1 Parking 1 900000
Ray White 33 MCCARTNEY CR, ST CLAIR, NSW, 2759 Beds3 Bathrooms1 Parking 4 850000
Ray White 3 BUCKLAND RD, ST CLAIR, NSW, 2759 Beds4 Bathrooms2 Parking 2 950000

Local Schools

Banks Public School

Blackwell Public School

St Clair Public School

Clairgate Public School

St Clair High School

Holy Spirit Primary School

Bennett Road Public School

St Marys South Public School

James Erskine Public School

Erskine Park High 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

10-04-2024 $910,000 21 CLYDE AVE
09-04-2024 $990,000 115 BANKS DR
08-04-2024 $894,000 13 MADISON CCT
05-04-2024 $950,000 14 JEFFREY AVE
04-04-2024 $787,500 11 ALPINE CCT
02-04-2024 $1,178,000 1 SEINE CT
02-04-2024 $920,000 26 CAMEO CRES
28-03-2024 $1,083,000 7 PECAN CL
25-03-2024 $870,000 20 ALEXANDRA CCT
22-03-2024 $990,000 85 BANKS DR
21-03-2024 $900,000 5 MCCABE CL
21-03-2024 $988,000 14 WILLS GLEN
20-03-2024 $882,000 5 GRIMMETT CT
18-03-2024 $1,135,500 14 CLARENCE RD
18-03-2024 $930,000 19 SOLANDER DR
12-03-2024 $950,000 4 ARUNDEL PARK DR
11-03-2024 $1,000,000 94 MELVILLE RD
08-03-2024 $1,320,000 6 DAKOTA PL
05-03-2024 $970,000 19 BANKS DR
01-03-2024 $1,050,000 27 ALDAN PL
01-03-2024 $1,160,000 4 HICKORY PL
28-02-2024 $890,000 10 PALENA CRES
26-02-2024 $870,000 8 SUMMER HILL PL
23-02-2024 $962,000 13 MOORE ST
20-02-2024 $920,000 4 COOWARRA DR
19-02-2024 $900,000 42 ALPINE CCT
19-02-2024 $892,000 39 ALEXANDRA CCT
16-02-2024 $895,000 13 NILE PL
12-02-2024 $804,000 2 / 3 BREN CL
05-02-2024 $1,045,000 16 MEZEN PL
02-02-2024 $150,000 14 TODD ROW
01-02-2024 $1,145,000 8 RAINBOW PL
31-01-2024 $1,035,000 32 CLYDE AVE
31-01-2024 $905,000 15 SALAMANDER ST
31-01-2024 $975,000 22 TIMESWEEP DR
30-01-2024 $965,000 29 FRANCIS GREENWAY AVE
22-01-2024 $1,187,000 42 DENZIL AVE
22-01-2024 $900,000 24 EXPLORERS WAY
19-01-2024 $1,057,000 193 BENNETT RD
19-01-2024 $1,305,000 106 EXPLORERS WAY
19-01-2024 $910,000 83 BLACKWELL AVE
19-01-2024 $860,000 26 CORIO DR
19-01-2024 $959,000 11 MCCARTNEY CRES
19-01-2024 $885,000 122 PINE CREEK CCT
19-01-2024 $967,500 47 SHADLOW CRES
19-01-2024 $839,000 32 MELVILLE RD
16-01-2024 $915,000 53 BLACKWELL AVE
04-01-2024 $1,100,000 4 NEWMOON PL
22-12-2023 $925,000 92 ALPINE CCT
20-12-2023 $1,010,000 7 FRAMPTON AVE

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Nearby Suburbs

St ClairErskine ParkOxley ParkClaremont MeadowsMount DruittMinchinburySt MarysNorth St MarysWhalanWerrington

Public Transport


General Points of Interest

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