SOLD
Sold on 26 Apr 2024 for $395,000

6/38 Castlereagh Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1821m2
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Property Details for 6/38 Castlereagh St, Penrith

6/38 Castlereagh St, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1821m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
58m2
Land Size
1821m2
Local Government
Penrith
Lot/Plan
7/SP20941

Last Listing description (July 2024)

When it comes to real estate the experts always say look for the 3 main things.location..location..location.

Situated right in the heart of the Penrith CBD is this fantastic two bedroom unit that is very pleasing to the eye with its modern improvements & neutral colour scheme.

There is a spacious lounge living area with carpet flooring and a large split system A/C unit to help maintain a comfortable living standard all year round. There is an access door leading out to a good sized uncover balcony with views to the iconic Blue Mountains.

The beautiful modern kitchen offers an array of features with high & low cupboards, ample bench space, stainless steel oven & exhaust fan, microwave shelf, large fridge space and dual stainless steel sink.

There are two good sized bedrooms each with carpet flooring and pull down blinds.

The stunning bathroom has been beautifully renovated with large floor to ceiling tiling, separate shower and bath, stylish vanity with large wall mirror and toilet.

There is an internal laundry which is a must when living in a unit complex.

The prime location is perfect being well within walking distance to the Penrith CBD, K-Mart shopping complex, various retail shops, Penrith bowling club, sporting fields and local bus stops, not that you need them.

Strata fees are $869.80 per quarter.
Council rates are $450 per quarter.

The property is currently leased to an excellent tenant who pays $380 per week in rent and is in a current lease which expires on the 12/04/24.

For further information please call Ross Heidtmann on 0407 113 039.

Asking $420,000.

Property History for 6/38 Castlereagh St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$395,000
26 Apr 2024
Listed for Rent
$440/w
27 Jun 2024
  • 05 Jun 2024
    Listed for Rent $440 / week
  • 26 Apr 2024
    Sold for $395,000
  • 02 Apr 2024
    Listed for Sale $420,000
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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 12,574 properties. Over the last 5 years, Houses in Penrith have seen a 59.13% increase in median value, while Units have seen a 28.63% increase. As at 31 July 2024:

  • The median value for Houses in Penrith is $971,046 while the median value for Units is $544,775.
  • Houses have a median rent of $550 while Units have a median rent of $530.
There are currently 105 properties listed for sale, and 89 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 624 properties were sold in the past 12 months in Penrith.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.