FOR SALE
Auction On Site Saturday 7th December @ 11AM

84 Cox Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 916.5m2
Auction Time
Sat 7 Dec 11:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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OPEN HOME FRIDAY 15TH OF NOVEMBER FROM 5:00PM - 5:30PM

DA Approved Development Site
Darren Latty & Jeremy Moss are proud to present 84 Cox Avenue, Penrith
This is one of the last opportunities in the Penrith LGA to build a small townhouse development. Changes to the minimum lot size & frontage requirements means you just can't get approval for developments like this anymore.
DA consent for the demolition of existing structures & construction of 4 x 2 storey townhouses was achieved on the 18th December 2020 & expires on the 18th December 2025.
The townhouses are all 3 bedrooms in design & feature well thought out living area's & on grade onsite parking.
Demand for dwellings such as these has never been higher with record low vacancy rates for investors & chronic lack of similar buildings for owner occupiers.
Take in to account the exceptional location within easy walking distance to a number of major amenities including -
• Closest Bus Stop - 260m
• Nepean Hospital - 300m
• St Dominics College - 350m
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Property Details for 84 Cox Ave, Penrith

84 Cox Ave, Penrith is a 3 bedroom, 1 bathroom Other with 2 parking spaces. The property has a land size of 916.5m2. The place is currently for sale with PRD Real Estate Penrith.

Building Type
Other
Land Size
916.5m2

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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 12,544 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 109 properties listed for sale, and 92 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 617 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Darren Latty
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Joe Masters
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PRD Real Estate Penrith
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.