SOLD
Sold on 06 Jan 2024 for $420,000

7/1-2 The Crescent
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 1961m2
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Property Details for 7/1-2 The Crescent, Penrith

7/1-2 The Crescent, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 1961m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Penrith in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
76m2
Land Size
1961m2
Local Government
Penrith
Lot/Plan
7/SP12367

Last Listing description (February 2024)

Proudly welcoming this newly renovated unit boasting high quality finishes located in the heart of Penrith CBD. Within close proximity to the unit are great local reputable schools, Westfield Shopping Centre, Nepean Hospital, bus stops and close to both Penrith & Kingswood Train station. Nicholas Padjen and team invite you to view this amazing opportunity. Situated in a well-maintained complex, this unit is the perfect choice for investors, downsizers, or first home buyers looking to enter the property market.

Our favourite features include:

- Two bedrooms

- Well equipped kitchen with caesarstone benchtops, soft close cabinetry, stainless steel appliances
- Sleek and modern bathroom
- Brand new split system air conditioning
- Balcony
- Freshly painted
- Single car lock up garage
- Strata $830 per quarter
- Council rates $450 per quarter

No expense spared, this is an awesome opportunity for first home buyers and the savvy investors. For any further questions call Nicholas Padjen on 0458 443 113 today!!

Property History for 7/1-2 The Crescent, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$420,000
06 Jan 2024
Listed for Rent
08 Apr 2020
  • 06 Jan 2024
    Sold for $420,000
  • 18 Dec 2023
    Listed for Sale $399,000 - $429,000
  • 01 May 2023
    Sold for $345,000
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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 12,575 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.
There are currently 110 properties listed for sale, and 70 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 628 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Contact agent
Nicholas Padjen
Show contact details
The Padjen Group
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Ray White Glenmore Park
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Disclaimer
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.