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Sold on 11 Feb 2025 for $357,000

12/175-177 Derby Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 2541m2
Sold By
McGrath Lower Blue Mountains
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Property Details for 12/175-177 Derby St, Penrith

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.

Building Type
Unit
Year Built
1978
Floor Size
70m2
Land Size
2541m2
Local Government
Penrith
Lot/Plan
12/SP12761

Last Listing description (March 2025)

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

- Neat kitchen with great, leafy views
- Includes a carport for convenient parking
- Guaranteed rent return for 12 months - tenanted to Jan 2026
- Currently rented at $340 with potential for higher based on market comparables
- Priced sharply, making it a solid investment opportunity
- Strata $816 per quarter

Property History for 12/175-177 Derby St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$357,000
11 Feb 2025
Listed for Rent
$300/w
19 Jun 2023
  • 11 Feb 2025
    Sold for $357,000
  • 03 Feb 2025
    Listed for Sale $340,000 - $370,000
  • 07 Jun 2023
    Listed for Rent $300 / week
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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 12,682 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:

  • The median value for Houses in Penrith is $986,397 while the median value for Units is $571,694.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 99 properties listed for sale, and 73 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 625 properties were sold in the past 12 months in Penrith.

What's around 12/175-177 Derby St, Penrith

12/175-177 Derby St, Penrith is in the school catchment zone for Penrith Public School and Kingswood High School.

Nearby Schools
Comparable Properties
St Nicholas of Myra Primary School
0.33km
Penrith 2750
PrimaryNon-GovernmentP - 6Combined207 Enrolled
Penrith Public School
0.53km
Penrith 2750
IN CATCHMENTPrimaryGovernmentP - 6Combined418 Enrolled
Penrith High School
0.62km
Penrith 2750
SecondaryGovernment7 - 12Combined926 Enrolled
Penrith South Public School
0.71km
South Penrith 2750
PrimaryGovernmentP - 6Combined513 Enrolled
St Dominic's College
1.32km
Kingswood 2747
SecondaryNon-Government5 - 12Combined1003 Enrolled
Kingswood South Public School
1.61km
Kingswood 2747
PrimaryGovernmentP - 6Combined303 Enrolled
Jamison High School
1.86km
South Penrith 2750
SecondaryGovernment7 - 12Combined1003 Enrolled
St Joseph's Primary School
1.95km
Adelong 2729
PrimaryNon-GovernmentP - 6Combined38 Enrolled
Kingswood High School
2km
Kingswood 2747
IN CATCHMENTSecondaryGovernment7 - 12Combined717 Enrolled
Kingswood Park Public School
2.09km
Penrith 2750
PrimaryGovernmentP - 6Combined142 Enrolled

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