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Sold on 08 Nov 2024 for $640,000

504/8 Aviators Way
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 82m2
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Property Details for 504/8 Aviators Way, Penrith

504/8 Aviators Way, Penrith is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 82m2 and floor size of 82m2. 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.

Building Type
Apartment
Floor Size
82m2
Land Size
82m2

Last Listing description (November 2024)

This two bedroom unit in the heart of Thornton offers oval and area views that are unmatched. Located in The Pavilions West building, this level 5 unit offers first home buyers great comfort and investors great returns. Perfectly positioned and with 82sqm internal and external living area this unit has it all.

- North east facing covered balcony on level 5
- Uninterrupted views of the Blue Mountains and over Ron Mulock Oval

- Split system reverse cycle air con throughout
- Entertainers eat-in kitchen with stone benchtops and soft close cupboards
- Four burner stove top with stainless steel appliances
- Dishwasher, mirrored splashback and LED lighting to kitchen
- Wool-blend carpeted bedrooms, mirrored built-in robes
- Audio intercom with security and lift access, internal laundry with dryer
- Basement secure parking with two storage cages
- On-site building manager, pet friendly, common landscaped courtyards

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 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). Residents of Thornton Estate are right next door to Penrith train station and Westfield and have access to Ron Mulock Oval, walkways and cycle paths that lead to Penrith's CBD, as well as the retail shops, community playground and BBQ area, with a free monthly community BBQ.

*Photos are of a similar unit in the building with same layout*

Outgoings:
Water Rates: $170 p/q approx.
Council Rates: $473 p/q approx.
Strata Levies: $1,490 p/q approx.

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Property History for 504/8 Aviators Way, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$640,000
08 Nov 2024
Listed for Rent
$640/w
12 Mar 2024
  • 08 Nov 2024
    Sold for $640,000
  • 12 Aug 2024
    Listed for Sale $640,000
  • 14 Feb 2024
    Listed for Rent $640 / week
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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 12,677 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:

  • The median value for Houses in Penrith is $964,559 while the median value for Units is $570,544.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 73 properties listed for sale, and 81 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 660 properties were sold in the past 12 months in Penrith.

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