FOR SALE
AUCTION Guide: $799,000

63 Castlereagh Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 588m2
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R3 in the CBD

Calling all home owners and developers, this R3 zoned 588sqm approx. block centrally located in the heart of Penrith CBD offers unlimited potential. This beautifully maintained residence offers 2 generous bedrooms plus study/sunroom or possible 3rd bedroom, large living area and separate dining space. The polished timber floors, high ceilings, original features, front verandah and traditional Aussie backyard with side access to a single garage provide the old world charm. Within close proximity to Penrith train station, bus stop, parks, schools and Nepean Hospital, do not miss this opportunity to secure a rare development site close to all the city of Penrith has to offer, call us today.
* Approx. 588sqm block
* Zoned R3 - Medium Density Residential
* Original cottage with fully fenced yard and side access, air conditioning
* Close proximity to Penrith CBD, Nepean Hospital, parks, schools, bus stop & Penrith train station
Disclaimer: We have been furnished with the above information, however, Property Central gives no guarantees or undertakings 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 63 Castlereagh St, Penrith

63 Castlereagh St, Penrith is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 588m2. The place is currently for sale with Property Central - Penrith.

Building Type
House
Land Size
588m2

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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 12,542 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 101 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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Paul Wallace
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Sharon McMaster
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