12/175-177 Derby St, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 2541m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Penrith in the last 12 months.
Located just steps away from the heart of Penrith CBD, this two-bedroom apartment offers convenience and style. Enjoy a spacious living area, a balcony with a beautiful, leafy view, and a neat kitchen. This property includes a carport and promises a guaranteed rent return for 12 months, currently at $340 but with potential for increase based on market comparables. Sharply priced to serve as a solid long-term investment.
- Fantastic location within walking distance to all Penrith CBD amenities
- Two bedrooms with a large living area and balcony
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 12,682 properties. Over the last 5 years, Houses in Penrith have seen a 51.40% increase in median value, while Units have seen a 26.65% increase. As at 28 February 2025:
12/175-177 Derby St, Penrith is in the school catchment zone for Penrith Public School and Kingswood High School.
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