31 Reddan AvenuePenrith NSW 2750
Property Details for 31 Reddan Ave, Penrith
31 Reddan Ave, Penrith is a 0 bedroom, 0 bathroom House and was built in 1950. The property has a land size of 727m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
Located on the fringes of the Penrith CBD is this perfect opportunity for any buyer with aspirations in developing or looking to landbank in a rapidly growing area. Situated on a 728sqm block and zoned R3 the home also benefits from slopping towards the street.
Standout features include:
The home itself has been well maintained and offers 3 great sized bedrooms, multiple living spaces. Given the neat home, any savvy buyer will be able to capitalise on a generous rental return whilst waiting for approvals
The property also features high ceilings throughout and plenty of natural light
The true value of this home is in the location, being only 300m from Nepean Hospital and surrounding medical facilities, 300m from Penrith Selective High School, 1.4km from Centro Nepean shopping centre and only 1.5km from Penrith Westfields and train station. Not to mention being around the corner from a medical centre, a range of local shops including various eateries and a convenience store.
Sitting on the fringes of the Penrith CBD as well as the Kingswood Health precinct, the location will forever benefit from the future growth of Penrith and the surrounding infrastructure for years to come.
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 31 Reddan Ave, Penrith, NSW 2750
- 05 Sep 2022Sold for $920,000
- 29 Jun 2022Listed for Sale $899,000 - $969,000
- 03 May 1993Sold for $127,200
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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 12,575 properties. Over the last 5 years, Houses in Penrith have seen a 56.27% increase in median value, while Units have seen a 28.72% increase. As at 31 August 2024:
- The median value for Houses in Penrith is $956,633 while the median value for Units is $551,998.
- Houses have a median rent of $550 while Units have a median rent of $535.
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