OFF MARKET

17 Farrells Lane
Castlereagh NSW 2749

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 10117m2
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Property Details for 17 Farrells Lane, Castlereagh

17 Farrells Lane, Castlereagh is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 10117m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Land Size
10117m2
Local Government
Penrith
Lot/Plan
C/DP375804

Last Listing description (January 2023)

If you are seeking the perfect lifestyle block with potential in a prime location, then this is the property for you. Held by the same family for over 50 years, the block is 2.5 acres and is flat with endless possibilities. Be located opposite the Penrith Lakes development, minutes from Penrith CBD, and neighbouring residential housing.

The home itself has 6 bedrooms including a teenager's retreat or an elderly parents' living space and is ready for someone to inject their design flare into. It comprises 2 bathrooms, 1 upstairs with a separate toilet, and the other downstairs. The grounds are child and animal friendly.

The detached garage with carport and toilet will keep your car safe from the elements, and fruit trees including fig, mulberry, lemon and orange trees, supply a generous amount of fruit.

Great for a variety of uses, this land is zoned R2 (Low Density Residential) and is suitable for development (STCA). The home is connected to town water and sewer, and the toilet in the garage is connected to an absorption trench.

Be the first to get in on this unique opportunity. Phone your friendly Cutcliffe agent today.

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Property History for 17 Farrells Lane, Castlereagh, NSW 2749

A timeline of how this property has performed in the market
Last Sold
$1,760,000
26 Oct 2022
  • 26 Oct 2022
    Sold for $1,760,000
  • 29 Sep 2022
    Sold
  • 19 Jul 2022
    Listed for Sale Auction Guide $1,650,000

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About Castlereagh 2749

The size of Castlereagh is approximately 32.1 square kilometres. It has 6 parks covering nearly 7.7% of total area. The population of Castlereagh in 2011 was 1,054 people. By 2016 the population was 1,188 showing a population growth of 12.7% in the area during that time. The predominant age group in Castlereagh is 50-59 years. Households in Castlereagh are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castlereagh work in a clerical occupation. In 2011, 79.5% of the homes in Castlereagh were owner-occupied compared with 79.1% in 2016.

Castlereagh has 509 properties. Over the last 5 years, Houses in Castlereagh have seen a 80.72% increase in median value, while Units have seen a 23.93% increase. As at 30 September 2024:

  • The median value for Houses in Castlereagh is $2,015,443 while the median value for Units is $673,138.
  • Houses have a median rent of $1,000.
There are currently 5 properties listed for sale, and 1 property listed for rent in Castlereagh on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Castlereagh.

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