FOR SALE
$699,000 - $749,000

56 Glebe Place
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 575.4m2
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OPEN HOME SATURDAY 7TH OF DECEMBER FROM 1.00PM - 1.30PM

Renovate Or Detonate?
They say some of the best Christmas presents come badly wrapped? This once proud family home has fallen victim to a combination of father time and neglect. The ideal combination for astute buyer looking to secure land in such a central location.
• On close inspection, the home isn't as bad as one might say. If you can look past the retro wallpaper and mouldy carpet. You'll see the bones are there for anyone who has seen too many episodes of the block.
• Situated on 580sqm with full side access makes the property ideal for those looking for properties with Granny Flat potential (STCA)
• The value is in the location, situated within a stones throw of Nepean Hospital and surrounding medical precinct as well as being on the doorstep of the Penrith CBD
You just don't find land opportunities in New Estates like this so do yourself a favour and come check it out this weekend. Our owners have made the hard decision to sell and are prepared to meet today's market value - don't miss this rare chance to buy in one of Sydney's fastest growing locations.
Disclaimer: We have been furnished with the above information however, PRD Penrith, PRD Blue Mountains & PRD Glenmore Park gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property Details for 56 Glebe Pl, Penrith

56 Glebe Pl, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 575.4m2. The place is currently for sale with PRD Real Estate Penrith.

Building Type
House
Land Size
575.4m2

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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 12,687 properties. Over the last 5 years, Houses in Penrith have seen a 53.13% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:

  • The median value for Houses in Penrith is $964,559 while the median value for Units is $570,544.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 81 properties listed for sale, and 84 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 645 properties were sold in the past 12 months in Penrith.

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Joe Masters
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Jeremy Moss
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