38/83-85 Union Rd, Penrith is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 96m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Penrith in the last 12 months.
Positioned on level 6 and in the heart of Penrith's CBD, this large apartment offers a great opportunity for first home buyers or investors. Boasting 96sqm of internal living area including the balcony and close proximity to Westfield Shopping Centre, this stunning apartment makes for a rare opportunity for low-maintenance lifestyle living in a brilliant location.
- Large internal area of 96sqm living space including balcony
- Split system air con in the living room flyscreens and carpet throughout
With the 2nd airport coming by 2026 (22km away) and all the population, infrastructure and jobs growth, a new generation is discovering the magic of Penrith and surrounding suburbs with its world-class shopping amenities including Westfield, an excellent café and dining scene plus an express train from Penrith to Central in 4 stops (48 mins).
Outgoings:
Water Rates: $170 p/q approx.
Council Rates: $473 p/q approx.
Strata Levies: $838 p/q approx.
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 12,686 properties. Over the last 5 years, Houses in Penrith have seen a 53.13% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:
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