OFF MARKET

14/50-52 Lethbridge Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
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Property Details for 14/50-52 Lethbridge St, Penrith

14/50-52 Lethbridge St, Penrith is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 96m2.

Building Type
Unit
Year Built
2017
Floor Size
96m2
Local Government
Penrith

Last Listing description (February 2019)

With a selection of 1,2 and 3 bedroom apartments to choose from be the first to pick a Carrera apartment that best suits your needs.

As with all local apartment developments of late, prices will increase during the course of construction, so get in early before prices rise.

Construction will commence in 2018 and estimated to complete by the end of 2019.

Perfectly located opposite the playing fields of the Penrith High Selective High School the Carrera complex should never lose its sunny northern vista. Perched at the high end of Penrith it will also offer views of the Blue Mountains. Situated at 50-52 Lethbridge Street Carrera is only one street away from High street which is the main street of Penriths CBD, which means everything that the CBD has to offer including shops, restaurants and Penrith railway station are all within walking distance. Kingswood railway station is also within walking distance. The Nepean Private and public Hospitals are a 3 minute walk to the end of Lethbridge Street and the public hospital has been granted over $500m by the government to extend and redevelop. The hospital employs a huge number of people and is a training hospital for doctors so there will never be a shortage of those workers wanting to rent or buy a stunning apartment so close by. The university of Western Sydney is only 1klm away with plenty of bus services available. If location, location, location is what real estate is all about then Carrera will be hard to beat.

Over many decades Penrith population has been constantly booming which has made the Penrith area one of the best performing and safest property investments. And in recent times its residential boundaries have been stretched further north and south making real estate close to its CBD more prime and sort after than ever before. This trend is set to continue for many years to come while the Penrith and western Sydney continues to grow. Penrith is less than 1 hour by either car or train to Sydneys CBD. Sydneys proposed second airport will be less than 20 minutes away. But what makes Penrith better than all of that, is that its a great place to live.

The reputable Developer is finalising another development just up the road which is comforting to know that they stand by their product and are established in the area. You are invited to come and inspect the Developers current project at 38-40 Hope Street in Penrith, call Richard on 0409551803 to make an appointment and receive more information.

Property History for 14/50-52 Lethbridge St, Penrith, NSW 2750

A timeline of how this property has performed in the market
  • 14 May 2018
    Listed for Sale $499,000
  • 03 Jan 2018
    Listed for Sale $499,000

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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 12,534 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 95 properties listed for sale, and 94 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 620 properties were sold in the past 12 months in 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.