FOR SALE
$359,000 - $389,000

9/3 The Crescent
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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$400 per week. Lease until May 2025!!!

We are pleased to present to the market 9/3 The Crescent, Penrith brought to you by Jake Borg from Ray White Diamantidis Group.
This 2 bed unit is the perfect investment to add to your portfolio. With tenants currently occupying the home and with a lease until May 2025, this property is ready for its new landlord.
Location is everything, only walking distance to Penrith Station and a short drive to Nepean Hospital. With the development and construction being done in the Penrith region, you have great comfort knowing your asset is growing.
What we love about this home :
• Lock up garage
• Top floor, less noise and great views
• Walking distance to Penrith Train station
• Internal laundry
• Ducted A/C
• Balcony off the living
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Property Details for 9/3 The Crescent, Penrith

9/3 The Crescent, Penrith is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 65m2. The place is currently for sale with Ray White Diamantidis Group.

Building Type
Apartment
Floor Size
65m2

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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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Jake Borg
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Angelo Mavris
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Ray White Diamantidis Group
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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.