8 Hughes Avenue, Penrith NSW 2750
This property is Off Market
- The Average property price in this area is $2,828,433, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 46.73 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 10 AVIATORS WAY $685,000
- 10/24/2024 24 REDDAN AVE $880,000
- 10/24/2024 12 THURSTON ST $404,000
- 10/23/2024 14 THE CRESCENT $725,000
- 10/21/2024 86 LORD SHEFFIELD CCT $948,000
About Penrith
With an average age of 45, households expect an average monthly mortgage payment of $2,100 or a weekly rent payment of $420. The average family earns a weekly income of $1,794 with a typical household size of 2.4 and a 93.28% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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. 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.
Public Transport
Penrith
General Points of Interest
Sydney International Regatta Centre
WW2 War Memorial Garden and the "Mt Druitt Waterholes Reserve"
Private John Hines, 45 Battalion
Bee Safe Swim School
Dunheved Golf Club
Wilson Oval
St Marys Tennis Club
Jetpack Adventures
Mackillop Baseball Club
Glenbrook Native Plant Reserve
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1749 asthma sufferers and 965 people living with diabetes. In addition, 793 people have a heart/vascular condition and 1646 people live with three or more chronic diseases.A good place to invest in property?
Penrith a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
17 / 100
31 / 100
Industry
17 / 100
22 / 100
Population
19 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
26 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsKingswood Park PS Cranebrook HS
Property Story
8 Hughes Avenue, Penrith, Nsw, 2750 is a residential property . The estimated distance to the sea is 46.73km and at least 5.54KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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