OFF MARKET

21 Blaxland Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 169m2
Land area: 814m2
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Property Details for 21 Blaxland Ave, Penrith

21 Blaxland Ave, Penrith is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 814m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1950
Floor Size
169m2
Land Size
814m2
Local Government
Penrith
Lot/Plan
90/DP1286323

Last Listing description (June 2023)

Auction 1st April 2023, 10am On-Site

R4 zoned as high density residential living, ideal for a small block of units up to 12m high or a boarding house (STCA) - the opportunities are endless.

Penrith needs more rental property supply, you can be the developer to bring that supply to potential tenants, with a great rental return.

Penrith family buyers and investors looking for land, to build a dual occupancy residence (STCA) will be very attracted to the size, scope and location offered by this well-appointed spacious block of land located in the heart of Penrith.

- 3 bed home tenanted at $500 pw, great rental return while a DA goes through Council
- A developers delight, perfect rectangular size for maximum efficiency, set on 814 sqm of land and 20.7m street frontage.
- Garden shed, lock-up garage and covered decking and patio out the back
- Multiple living areas, internal laundry with separate toilet
- Located within a 1.5km radius of St Dominics College, Nepean Hospital, Penrith station and Westfield.

By 2026 we have the St Mary's metro train line (8km away), 2nd airport (22km away).

By 2031 we are expecting 40,000 new jobs and the population of Penrith to double, presenting an excellent investment opportunity.

Close to Greenwood Childcare Centre, Nepean Village, Western Sydney University and the picturesque Blue Mountains.

Outgoings:
Water Rates: $160 p/q approx.
Council Rates: $420 p/q approx.

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Property History for 21 Blaxland Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$1,285,000
01 Apr 2023
Listed for Rent
$500/w
21 Feb 2023
  • 01 Apr 2023
    Sold for $1,285,000
  • 13 Jan 2023
    Listed for Rent $500 / week
  • 14 Oct 2022
    Listed for Sale CONTACT AGENT
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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 12,678 properties. Over the last 5 years, Houses in Penrith have seen a 53.13% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:

  • The median value for Houses in Penrith is $964,559 while the median value for Units is $570,544.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 73 properties listed for sale, and 85 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 660 properties were sold in the past 12 months in Penrith.

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