OFF MARKET

16 Illawong Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 650m2
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Property Details for 16 Illawong Ave, Penrith

16 Illawong Ave, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 650m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1960
Floor Size
105m2
Land Size
650m2
Local Government
Penrith
Lot/Plan
316/DP213501

Last Listing description (November 2021)

What a great opportunity for first home buyers and the savvy investor. On offer is this spacious 3 bedroom home with a bonus studio fitted with kitchen, bathroom and living space just waiting to be approved by council as a second dwelling!

A first home buyer can move in and start their new journey in a great location just meters away from Kingswood Park Primary School!

Being so close to great schools, local shopping centres, parks and Penrith CBD delivers convenience to the family.

For the larger family having the studio is a great space for teenagers or elderly to have their own independence away from the main household.

Investors this is one you will want to snatch up as having a property with a dual-income looks promising for the future as Penrith is continuously growing and don't forget Badgery's Creek Airport is on its way!

With great living space and great sized bedrooms, this home is sure to keep any tenant or owner occupier happy with the decision they have made.

If this sounds like the right property for you then CALL NOW!

DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.

Property History for 16 Illawong Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$695,000
21 Sep 2021
Listed for Rent
$360/w
26 Aug 2020
  • 21 Sep 2021
    Sold for $695,000
  • 28 Jun 2021
    Listed for Sale $699,000 - $729,950
  • 05 Aug 2020
    Listed for Rent $360 / 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 12,541 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 99 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 624 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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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.