24/38 Hope St, Penrith is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 1248m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Move in. Invest. The decision is entirely yours with this beautifully displayed 2 bedroom suite located only minutes away from Penrith CBD. Conveniently located to Nepean Hospital, Penrith Selective High School, shops and major arterial roads.
With a spacious open floor plan you're greeted with a naturally floodlit entrance with sweeping views of the mountains in the west.
A savvy investment for most, this property can return $470-$510 per week in rental return, producing a yield of anywhere between 4.3%-4.9%.
This property also includes
- 20mm stone kitchen benchtop
- 600mm Westinghouse gas stovetop and oven
- Tiles throughout with carpets to the bedrooms
- 2 spacious rooms with built-in wardrobes to both
- Ensuite to main bedroom
- Floor to ceiling tiles to bathrooms
- Large balcony with panorama views of the mountains
- Gas outlet and barbecue space perfect for the summer months
- Split system air-conditioning
- Security intercom with entrance video surveillance
For further enquiries, please contact Jordan Stewart on 0412 919 021.
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 12,535 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:
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