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1/213 Richmond Road
Penrith NSW 2750

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 343m2
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Great investment opportunity!

213 Richmond Road is located on Penrith's eastern border and is the perfect stepping stone into the Property Market. This Family home consists of 3 Bedrooms with built- ins wardrobes, Spacious Bathroom, Open plan living area that incorporates the dining area with the adjacent Kitchen. The back sunroom has an added 4th Bedroom / Study area to utilise the layout and includes Air Conditioning, plus an alcove area for storage or Pets, with 2nd toilet. The front yard is fenced with good open space, the rear yard is fenced and includes a garden shed and a large sturdy carport that provides offstreet parking and cover for 2 cars. The block size is 343m2 plus a common driveway that is shared with the neighbouring property. This home has received a roof restoration and new fencing. It has loads of potential and will be sold as an investment property with a 12 months lease.
• Close to all amenities, Shops, Hotel and Food outlets.
• Close to Penrith town centre, Train station and Bus service
Tenanted at $700.00 per week
*Agent has interest in the property*

Property Details for 1/213 Richmond Rd, Penrith

1/213 Richmond Rd, Penrith is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 343m2 and floor size of 88m2. The place is currently for sale with Oxbridge Property Group.

Building Type
House
Floor Size
88m2
Land Size
343m2

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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 12,540 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 102 properties listed for sale, and 98 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 623 properties were sold in the past 12 months in Penrith.

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Tony Haidar
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Oxbridge Property Group
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