SOLD
RECENT ADVICE
Sold on 27 Jun 2024 for $580,000

13/40-50 Union Road
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 96m2
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Property Details for 13/40-50 Union Rd, Penrith

13/40-50 Union Rd, Penrith is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 96m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Penrith in the last 12 months.

Building Type
Apartment
Floor Size
96m2
Land Size
96m2
Local Government
Penrith
Lot/Plan
13/SP96912

Last Listing description (June 2024)

Begin your day by soaking up the morning sun! This expansive apartment, located on the third floor in the heart of Penrith CBD, presents an exceptional opportunity for first-time homebuyers or investors. Boasting a generous 96 sqm of internal living space, including the balcony, and situated close to Westfield Shopping Centre, this remarkable apartment provides a rare opportunity for low-maintenance lifestyle living in a prime location.

Features
- An expansive east-facing balcony

- Oversized master bedroom with a spacious ensuite
- Massive main bathroom featuring a bathtub
- Laminate flooring throughout the living areas and bedrooms
- Open-plan living and dining area seamlessly flowing onto the balcony
- Split system air conditioning in the living room
- Internal laundry equipped with a dryer and ample storage space throughout the unit
- Roller blinds and insect screens throughout
- Well-maintained community gardens with seating in the common area
- Secure block offering intercom access, car space and storage in the basement

Outgoings:
Water Rates: $170 p/q approx.
Council Rates: $448 p/q approx.
Strata Levies: $619 p/q approx.

Property History for 13/40-50 Union Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$580,000
27 Jun 2024
Listed for Rent
$390/w
26 May 2021
  • 13 Jun 2024
    Sold for $580,000
  • 08 May 2024
    Listed for Sale $580,000
  • 13 May 2021
    Listed for Rent $390 / 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 12,542 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 100 properties listed for sale, and 100 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 626 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Jamie Bae
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Ian Ahearn
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Morton Penrith
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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.