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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

At Realty UNIT 5, 61 HOPE ST, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 1 Property Showcase
Century 21 UNIT 1004, 8 AVIATORS WAY, PENRITH, NSW, 2750 Beds1 Bathrooms1 Parking 1 $580,000 TO $620,000
Century 21 UNIT 25, 14 HENRY ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 $490,000 TO $500,000
LJ Hooker UNIT 7, 163 COX AV, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 2 $599,000 - $629,000
PRD UNIT 1, 175 STAFFORD ST, PENRITH, NSW, 2750 Beds3 Bathrooms3 Parking 2 Property Launch
PRD 84 COX AV, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 2 Auction On Site Saturday 7th December @ 11AM
PRD UNIT 501, 10 AVIATORS WAY, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 $649,000 - $699,000
PRD 95 EVAN ST, PENRITH, NSW, 2750 Beds4 Bathrooms1 Parking 1 $1,100,000
PRD UNIT 3, 53-55 KING ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 $399,000 - $419,000
PRD 56 WARWICK ST, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 1 $1,200,000 - $1,250,000
Ray White 44 COOPER ST, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 1 890000
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 8, 24-28 ROBERT ST, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 2 699000
Ray White UNIT 3, 1 HEMMINGS ST, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 2 749000
Ray White UNIT 11, 7-9 LEMONGROVE RD, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 509000
Ray White 129 JAMISON RD, PENRITH, NSW, 2750 Beds3 Bathrooms1 Parking 3 950000
Ray White 145 DERBY ST, PENRITH, NSW, 2750 Beds4 Bathrooms2 Parking 1 950000
Ray White 147 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 900000
Ray White UNIT 25, 132 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 380000
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 549000
Ray White UNIT 1, 194 STAFFORD ST, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 1 700000
Ray White 59 FERNANDEZ LANE, PENRITH, NSW, 2750 Beds4 Bathrooms3 Parking 2 1000000
Ray White 5 FERNANDEZ LANE, PENRITH, NSW, 2750 Beds3 Bathrooms3 Parking 2 850000
Remax UNIT 44, 13-19 ROBERT ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 JUST LISTED - OPEN HOM..
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

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
04-11-2024 $931,000 43 ILLAWONG AVE
04-11-2024 $920,000 117 STAFFORD ST
04-11-2024 $730,000 22 / 79 UNION RD
01-11-2024 $881,500 11 NIOKA RD
31-10-2024 $550,000 74 / 35 BARBER AVE
31-10-2024 $920,000 83 GLEBE PL
31-10-2024 $1,860,000 6 RECREATION AVE
31-10-2024 $845,000 4 / 35 THURSTON ST
30-10-2024 $910,000 24 COOPER ST
30-10-2024 $430,000 9 / 21 HAYNES ST
30-10-2024 $520,000 35 / 42 LETHBRIDGE ST
28-10-2024 $555,000 78 / 35 BARBER AVE
28-10-2024 $505,000 2 / 174 DERBY ST
28-10-2024 $670,000 1 / 57 EVAN ST
28-10-2024 $796,000 29 LANDY AVE
28-10-2024 $780,000 9 / 18 HIGGINS ST
28-10-2024 $560,000 47 / 41 HOPE ST
25-10-2024 $680,000 910 / 10 AVIATORS WAY
25-10-2024 $960,000 30 LETHBRIDGE ST
25-10-2024 $680,000 200 / 81 LORD SHEFFIELD CCT
24-10-2024 $685,000 404 / 10 AVIATORS WAY
24-10-2024 $880,000 24 REDDAN AVE
24-10-2024 $404,000 4 / 12 THURSTON ST
23-10-2024 $725,000 3 / 14 THE CRESCENT
21-10-2024 $948,000 86 LORD SHEFFIELD CCT
21-10-2024 $890,000 11 THORNTON DR
21-10-2024 $830,000 19 FERNANDEZ LANE
18-10-2024 $690,000 1 / 314 HIGH ST
18-10-2024 $927,500 1 GORTON CL
17-10-2024 $700,000 7 / 126 DERBY ST
16-10-2024 $920,000 17 PELSART AVE
15-10-2024 $580,000 7 / 31 KING ST
14-10-2024 $930,000 4 HAND AVE
14-10-2024 $760,000 16 / 18 HIGGINS ST
11-10-2024 $870,000 3 CRONIN ST
10-10-2024 $900,000 8 THE ROAD
10-10-2024 $548,000 11 / 17 HAYNES ST
09-10-2024 $710,000 23 / 221 STAFFORD ST
09-10-2024 $920,000 114 WILLIAM HART CRES
09-10-2024 $266,750 12 / 354 HIGH ST
08-10-2024 $760,000 1 / 77 CASTLEREAGH ST
08-10-2024 $390,600 4 / 4 JOHN TIPPING GR
08-10-2024 $665,000 12 / 40 UNION RD
08-10-2024 $465,000 6 / 33 ROBERT ST
08-10-2024 $610,000 19 / 8 JOHN TIPPING GR
04-10-2024 $973,500 2 / 14 COOMBES DR

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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