SOLD
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Sold on 18 Sep 2023 for $550,000

23/40-50 Union Road
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 23/40-50 Union Rd, Penrith

23/40-50 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 September 2023. There are other 2 bedroom Apartment sold in Penrith in the last 12 months.

Building Type
Apartment
Local Government
Penrith
Lot/Plan
23/SP96912

Last Listing description (September 2023)

Boasting 2 spacious levels of living, unit 23/40-50 provides the best of both worlds with the minimalistic lifestyle of owning a unit whilst still having plenty of space with the separation of living areas and bedrooms on different floors.

Standout Features Include:
• 2 fantastic bedrooms featuring deep, built-in wardrobes

• Modern bathrooms including an ensuite to the master bedroom and separate toilet downstairs
• Enjoy the evening sunset out on the massive balcony, sprawling out from your living room with views of Penrith Paceway

Reap the rewards of living in Penrith's CBD and enjoy what its city has to offer. Local amenities include but aren't limited to; Penrith Paceway (600m), Westfield Penrith Plaza (500m), Penrith Station (700m), Nepean Village Shopping Centre (600m) and more!

For an unrivalled location and spectacular unit, reach out today to arrange your inspection.

Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property History for 23/40-50 Union Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$550,000
18 Sep 2023
Listed for Rent
$520/w
29 Aug 2023
  • 18 Sep 2023
    Sold for $550,000
  • 29 Aug 2023
    Listed for Rent $520 / week
  • 26 Jun 2023
    Listed for Sale $529,000 - $569,000
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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 12,574 properties. Over the last 5 years, Houses in Penrith have seen a 59.13% increase in median value, while Units have seen a 28.63% increase. As at 31 July 2024:

  • The median value for Houses in Penrith is $971,046 while the median value for Units is $544,775.
  • Houses have a median rent of $550 while Units have a median rent of $530.
There are currently 105 properties listed for sale, and 89 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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Joe Masters
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Ryan Hatch
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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.