SOLD
Sold on 06 Apr 2024 for $950,000

28 Rodley Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 556m2
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Sold By
Jim Aitken + Partners Lennox
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Property Details for 28 Rodley Ave, Penrith

28 Rodley Ave, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 556m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Penrith in the last 12 months.

Building Type
House
Floor Size
91m2
Land Size
556m2
Local Government
Penrith
Lot/Plan
54/DP32844

Last Listing description (August 2024)

Auction Location: On SIte

Nestled in one of Penrith's most coveted locations, this property offers an exceptional investment opportunity in the real estate space. The key to value lies in its strategic positioning and exciting future potential development. Boasting an R4 High Density residential zoning with an 18m height limit, the property holds substantial promise as our town continues to grow vertically.

Whether you choose to enhance the current dwelling for increased rental income or add a granny flat for additional versatility, the property offers numerous short and long term options. Situated moments from the every busy CBD, this property stands as an ideal addition to your portfolio.

Surrounding properties have experienced recent development within the High Density zoning, contingent upon council approval.

DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.

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Property History for 28 Rodley Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$950,000
06 Apr 2024
Listed for Rent
$400/w
22 Dec 2017
  • 06 Apr 2024
    Sold for $950,000
  • 04 Mar 2024
    Listed for Sale Auction Guide: $950,000
  • 15 Jun 2022
    Sold for $950,000
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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 12,542 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.
There are currently 100 properties listed for sale, and 101 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 626 properties were sold in the past 12 months in Penrith.

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