SOLD
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Sold on 16 Aug 2024 for $430,000

5/171-173 Derby Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/171-173 Derby St, Penrith

5/171-173 Derby St, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.

Building Type
Unit
Local Government
Penrith
Lot/Plan
5/SP11460

Last Listing description (August 2024)

Adrian Borg & Cristina Bartuccio from PRD Penrith have the pleasure of introducing to the market 5/171-173 Derby Street, Penrith.

This well looked after, 2-bedroom apartment in the heart of Penrith is the perfect investment opportunity or ideal for the first home buyer looking to get themselves into the market.

This apartment boasts character and charm. Located in close proximity to public transport, Penrith Westfields & Nepean hospital, we look forward to seeing you at one of our open inspections.

Features include:
• 2 carpeted good sized bedrooms
• Recently updated bathroom
• Internal laundry
• Neat & tidy kitchen with electric cooktop & ample cupboard space
• Airconditioning
• 5.1 x 1.4 metre balcony
• Hybrid flooring to living and dining
• Single carport parking space
• Current rental appraisal $450 - $470 per week
• Strata approx. $984 per quarter

Close Proximity to:
• Penrith Selective High School - 600m
• St Nicholas of Myra Public School - 650m
• Penrith Westfields - 1.3km
• Penrith Station - 1.4km
• Nepean Hospital - 1.4km
• Panthers Leagues Club - 1.8km

For further information on this property, please contact Adrian Borg on 0438 856 342 or Cristina Bartuccio on 0460 890 704

Don't miss out on all our new listings advertised first on social media!

@adrianborgprdrealestate
@cristinabartuccioprdrealestate

Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains 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.

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Property History for 5/171-173 Derby St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$430,000
16 Aug 2024
Listed for Rent
$400/w
27 Jun 2023
  • 20 Aug 2024
    Listed for Rent $470 / week
  • 16 Aug 2024
    Sold for $430,000
  • 23 Jun 2024
    Listed for Sale Deposit taken by Adrian Borg & Cristina Bartuccio
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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 12,567 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.
There are currently 105 properties listed for sale, and 81 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 619 properties were sold in the past 12 months in Penrith.

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