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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

Century 21 UNIT 12, 50 RODLEY AV, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 $560,000 TO $580,000
Elders UNIT 12, 213 DERBY ST, PENRITH, NSW, 2750 Beds1 Bathrooms1 Parking 1 Price guide $315,000
Elders UNIT 1006, 10 AVIATORS WAY, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 Penthouse North Facing
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 $559,000 Negotiable
LJ Hooker 98 KAREELA AV, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 4 $1,150,000
OneAgency UNIT 5, 128-130 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 $429,950 - $459,950
PRD UNIT C20, 10 RANSLEY ST, PENRITH, NSW, 2750 Beds1 Bathrooms1 Parking 1 $499,000 - $549,000
PRD UNIT 44, 42-44 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 $499,000 - $539,000
Professionals UNIT 21, 221-225 STAFFORD ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 $629,990
Professionals UNIT 6, 38 CASTLEREAGH ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 Under Contract
Ray White UNIT 1, 38 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 UNIT 2, 8-10 ROBERT ST, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 1 600000
Ray White 29 ILLAWONG AV, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 2 769000
Ray White UNIT 106, 29-31 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 540000
Ray White 20-28 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds0 Bathrooms0 Parking 0 5000000
Ray White UNIT 9, 38 HOPE ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 519000
Ray White UNIT 20, 38-40 HOPE ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 599000
Ray White UNIT 18, 38 HOPE ST, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 500000
Ray White 64 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds4 Bathrooms2 Parking 1 1500000
Ray White UNIT 30, 282-284 HIGH ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 429000
Ray White UNIT 2, 174 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 499000
Ray White UNIT 1, 179 DERBY ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 500000
Ray White UNIT 25, 132 LETHBRIDGE ST, PENRITH, NSW, 2750 Beds2 Bathrooms1 Parking 1 380000
Ray White UNIT 810, 8 AVIATORS WAY, PENRITH, NSW, 2750 Beds2 Bathrooms2 Parking 1 659000
Ray White UNIT 22, 79-81 UNION RD, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 2 720000
Remax UNIT 27, 12-14 HOPE ST, PENRITH, NSW, 2750 Beds3 Bathrooms2 Parking 2 $690,000-$730,000 - Ne..

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

06-06-2024 $454,000 16 / 282 HIGH ST
06-06-2024 $1,310,000 35 EVAN ST
04-06-2024 $520,000 242 / 25 HOPE ST
04-06-2024 $424,000 2 / 217 DERBY ST
04-06-2024 $659,255 24 / 132 COREEN AVE
04-06-2024 $850,000 22 SHERWOOD CCT
04-06-2024 $518,000 324 / 10 RANSLEY ST BUILDING D
03-06-2024 $1,150,000 16 CERES ST
03-06-2024 $2,375,000 92 LADBURY AVE
03-06-2024 $640,000 224 / 1 LORD SHEFFIELD CCT
03-06-2024 $994,000 40 SYDNEY SMITH DR
03-06-2024 $515,000 10 / 12 HOPE ST
31-05-2024 $330,000 403 / 60 LORD SHEFFIELD CCT
31-05-2024 $550,000 15 / 144 HIGH ST
31-05-2024 $742,000 10 / 132 COREEN AVE
31-05-2024 $840,000 12 KAREELA AVE
31-05-2024 $200,000 18 / 17 HAYNES ST
27-05-2024 $600,000 68 / 12 VISTA ST
27-05-2024 $400,000 17 / 165 DERBY ST
24-05-2024 $700,000 6 / 23 PEACHTREE RD
24-05-2024 $642,500 424 / 1 LORD SHEFFIELD CCT
23-05-2024 $1,130,000 27 PELSART AVE
22-05-2024 $2,557,500 63 UNION RD
21-05-2024 $455,000 15 / 40 BARBER AVE
21-05-2024 $535,000 10 / 19 THURSTON ST
20-05-2024 $950,000 28 RODLEY AVE
20-05-2024 $668,000 4 / 151 COX AVE
20-05-2024 $780,000 606 / 10 RANSLEY ST BUILDING A
17-05-2024 $800,000 1010 / 8 AVIATORS WAY
16-05-2024 $315,000 18 / 37 MULGOA RD
16-05-2024 $710,000 1 / 12 HAYNES ST
16-05-2024 $660,000 103 / 60 LORD SHEFFIELD CCT
15-05-2024 $433,000 9 / 205 DERBY ST
15-05-2024 $898,000 106 COPELAND ST
14-05-2024 $573,500 34 / 50 RODLEY AVE
10-05-2024 $620,000 807 / 10 AVIATORS WAY
10-05-2024 $570,000 25 / 50 RODLEY AVE
10-05-2024 $1,215,000 4 SCULLIN PL
09-05-2024 $1,150,000 196 STAFFORD ST
09-05-2024 $435,000 409 / 8 AVIATORS WAY
09-05-2024 $820,000 3 / 131 STAFFORD ST
08-05-2024 $425,000 1 / 128 LETHBRIDGE ST
07-05-2024 $582,000 205 / 36 BARBER AVE
07-05-2024 $615,000 1007 / 8 AVIATORS WAY
06-05-2024 $300,000 66 / 37 MULGOA RD
06-05-2024 $519,000 13 / 14 HENRY ST
06-05-2024 $986,000 34 EMPIRE CCT
06-05-2024 $549,000 42 / 83 UNION RD
06-05-2024 $504,000 5 / 8 JOHN TIPPING GR
03-05-2024 $360,500 21 / 458 UNION LANE

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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