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17/40-50 Union Road
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 17/40-50 Union Rd, Penrith

17/40-50 Union Rd, Penrith is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Penrith in the last 12 months.

Building Type
Apartment

Last Listing description (March 2024)

Situated on the Penrith CBD fringe, this modern 2 bedroom apartment is a comfortable and convenient find!
Packed with value-adding extras and basking in natural light, this is a lucrative addition to any property portfolio.

The unit unfolds over a functional single level and comprises an open plan lounge and dining room that flows onto a large balcony. The balcony offers a leafy tree-top view providing you with the perfect spot to wake up with your morning coffee or enjoy a casual barbeque with friends. Impress your guests with a sumptuous meal, cooked up in your gourmet kitchen complete with stone benchtops, gas cooking, stainless steel appliances and oodles of storage.

Relax in an evening in the well-appointed master bedroom which incorporates a built-in robe and a deluxe ensuite with shower and floating vanity. The second bedroom is serviced
by another quality bathroom featuring a shower over bath. This immaculately maintained complex is surrounded by landscaped gardens and affords its residents full security and basement parking - not that you'll need a car living in this ultra convenient location!

Everything you desire is just a short stroll away including the vibrant High Street precinct, Westfield Shopping Centre and a variety of cafes, restaurants and eateries. The property is also anchored by major facilities such as Penrith Train Station, Nepean Hospital, BlueBet Stadium and acres of parklands and sports fields making this a prime pick for both investors and first home buyers alike.

Key Attributes
- 2 bedroom, 2 bathroom unit in a well-maintained complex
- Open plan living flows onto balcony revealing leafy, elevated views
- Gourmet kitchen boasting gas cooking, stone benchtops & ample storage
- Both bedrooms fitted with built-ins, master with ensuite
- Second bathroom includes shower over bath & floating vanity
- Split system air-conditioning & internal laundry
- Secure building with intercom & basement parking for your vehicle
- Prime Penrith location, walking distance to High Street & Westfield
- Anchored by major amenities including stadiums, hospitals & train line
- Low-maintenance first home or high yielding investment opportunity

Council rates: $448 p/q
Water rates: $ 155 p/q
Strata: $625 p/q

Property History for 17/40-50 Union Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
05 Mar 2024
Listed for Rent
$399/w
28 Feb 2019
  • 20 Feb 2024
    Sold for $555,000
  • 23 Nov 2023
    Listed for Sale $550,000 - $570,000
  • 23 Oct 2018
    Listed for Rent - Price not available
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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 12,533 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 97 properties listed for sale, and 88 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 619 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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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.