OFF MARKET

24/38 Hope Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 1248m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 24/38 Hope St, Penrith

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.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
1248m2
Local Government
Penrith
Lot/Plan
24/SP97580

Last Listing description (February 2023)

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.

Property History for 24/38 Hope St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$515,000
22 Dec 2022
Listed for Rent
$400/w
12 Aug 2019
  • 22 Dec 2022
    Sold for $515,000
  • 11 Nov 2022
    Listed for Sale For Sale $549,000
  • 18 Jun 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 12,535 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:

  • 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 95 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

Market Insights
Penrith Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Penrith Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.