All About Cambridge Gardens, Penrith, NSW, 2747

Cambridge Gardens, a suburb situated in the Penrith region of New South Wales, offers a distinctive yet appealing housing market characterized by its suburban charm and family-friendly environment. The area features a mix of classic detached homes and more modern residences, providing prospective buyers and renters with a variety of options. In recent years, the housing market in Cambridge Gardens has seen steady demand, driven by its appealing community atmosphere, proximity to essential amenities, and relatively affordable property prices compared to Sydney’s inner metropolitan areas. This makes it an attractive locale for families, first-time homebuyers, and investors looking for long-term gains. Access to quality schools, parks, and shopping centers adds to its allure, enhancing the overall living experience.

Living in Cambridge Gardens offers residents a sense of community and tranquility, balanced with convenience due to its strategic location near Penrith City. The suburb is well-served by public transport, making commutes to work or nearby locales relatively straightforward. Additionally, the local community is known for its friendly and welcoming vibe, supported by various community events and local gatherings that foster a tight-knit environment. Recreational opportunities abound with nearby parks and trails, such as Werrington Lake Reserve, providing plenty of outdoor spaces for families and individuals to enjoy leisure activities. Overall, Cambridge Gardens presents a comfortable and engaging lifestyle for those who appreciate a suburban setting with access to urban amenities.

Cambridge Gardens Real Estate Market Outlook

Thinking about buying in Cambridge Gardens? Now could not be a better time, with 775 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,418,000 with prices in this suburb ranging from $400,000 to $68,309,000. The aproximate distance to the coast is 45 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Cambridge Gardens 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 Cambridge Gardens 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 Cambridge Gardens 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 Cambridge Gardens 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 Cambridge Gardens a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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