OFF MARKET

11 Brown Street
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 599m2
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Property Details for 11 Brown St, Penrith

11 Brown St, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 599m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Land Size
599m2
Local Government
Penrith
Lot/Plan
26/DP2167

Last Listing description (April 2023)

Located on the fringes of the Penrith CBD is this perfect opportunity for any buyer with aspirations in developing or looking to landbank in a rapidly growing area. Situated on a 588sqm block, the home also benefits from full drive through side access as well as being zoned R3.

Standout features include:

The home itself, with minimal work needed, allows for any savvy buyer being able to capitalise on a generous rental return whilst waiting for approvals. The current tenant has already treated the home as his own for the past 18 years

The block benefits from being zoned R3 (medium density) which allows for developments such as Boarding Houses, Duplex, Medical practice, Childcare centres, and a range of other options. The amount of these developments that have been built in this pocket alone is evidence that you're investing in the right location.

The true value of this home is in the location, with this pocket being so tightly held for generations. And you can see why, being only 500m from Panthers, soon to be home to the Western Sydney Convention Centre, 100m from Centro Nepean Shopping Centre and only 1km from Penrith Westfields and train station. This location will forever benefit from the future growth of Penrith and the surrounding infrastructure for years to come.

Disclaimer: We have been furnished with the above information however, PRD Penrith 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.

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Property History for 11 Brown St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$815,000
14 Mar 2023
  • 14 Mar 2023
    Sold for $815,000
  • 06 Mar 2023
    Listed for Sale $799,000 - $849,000
  • 01 Feb 2002
    Sold for $204,500
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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 12,678 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 73 properties listed for sale, and 85 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 660 properties were sold in the past 12 months in Penrith.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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