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Sold on 27 Aug 2024 - Price Unavailable

98 Kareela Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 1303m2
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Property Details for 98 Kareela Ave, Penrith

98 Kareela Ave, Penrith is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1303m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Penrith in the last 12 months.

Building Type
House
Land Size
1303m2
Local Government
Penrith
Lot/Plan
536/DP227574

Last Listing description (August 2024)

Don't miss out on this exceptional find! Nestled in the vibrant community of Penrith, this well-maintained family home is perfectly set on a sprawling 1303 sqm block, offering an abundance of space for comfort and creativity. The expansive land size provides ample room for kids to play and adults to entertain, with potential to enhance, expand, or even add a second dwelling (STCA).

The residence boasts spacious living areas that are perfect for family gatherings or quiet evenings at home. The generous kitchen space is a dream for the family chef, offering plenty of room for dining and entertaining. Each of the three large bedrooms provides great space and comfort, ensuring a personal retreat for all family members, while the central bathroom is conveniently located to serve all bedrooms efficiently.

Living here, you'll enjoy a range of location perks including easy access to a variety of schools, making it an ideal choice for educational growth at all levels. The home is also well-positioned for public transport, facilitating easy commuting and leisurely travels. Local parks are just a stroll away, perfect for weekend outings, and major shopping centers in Penrith ensure all your needs are just moments away.
This property is an ideal fit for first home buyers looking for a spacious and welcoming home that grows with their family, investors seeking a valuable addition to their real estate portfolio, or developers and renovators looking to explore multiple possibilities given the substantial block size (STCA).

Opportunities like this in Penrith do not last long! Act quickly to secure this fantastic property and invest in your future.

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Property History for 98 Kareela Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
27 Aug 2024
Listed for Rent
$650/w
15 Oct 2024
  • 03 Oct 2024
    Listed for Rent $650 / week
  • 11 Aug 2024
    Sold for $995,000
  • 01 May 2024
    Listed for Sale Contact Agent
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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

Penrith has 12,538 properties. Over the last 5 years, Houses in Penrith have seen a 57.54% increase in median value, while Units have seen a 31.43% increase. As at 31 October 2024:

  • The median value for Houses in Penrith is $976,372 while the median value for Units is $570,743.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 101 properties listed for sale, and 95 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 620 properties were sold in the past 12 months in Penrith.

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