21 Blaxland AvenuePenrith NSW 2750
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.
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.
Property History for 21 Blaxland Ave, Penrith, NSW 2750
- 01 Apr 2023Sold for $1,285,000
- 13 Jan 2023Listed for Rent $500 / week
- 14 Oct 2022Listed 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 12,542 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.
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