OFF MARKET

7 Hope Street
Penrith NSW 2750

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 142m2
Land area: 620m2
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Property Details for 7 Hope St, Penrith

7 Hope St, Penrith is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 620m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1960
Floor Size
142m2
Land Size
620m2
Local Government
Penrith
Lot/Plan
18/DP31239

Last Listing description (May 2023)

Located in a prime location of Penrith CBD, this future development site offers R4 High-Density Residential zoning with a land size of 620sqm and within approximately 110 metres to Nepean Hospital. The property also offers two fully self contained adjoined dwellings with a rental potential of $700-$750 per week.

Penrith is one of Sydney's fastest growing cities, and this block offers rapid access to fantastic retail precincts, vibrant dining, premier schools, walking tracks, multiple workplaces and express city transport.

- 15.5m frontage x 39.9m depth (Approx.)

- R4 High-Density Residential zoning
- 110 metres to Nepean Hospital
- Residence is currently leased out to a long term tenant
- Block is surrounded by plenty of new sites and precincts
- Just moments from Nepean Hospital and Penrith Plaza
- Close to a selection of public/private schools and daycare
- Easy city commute via Penrith Station, close to buses

Penrith is an exciting area with many delights for its residents, from top retail shopping to upmarket cafes and fine dining. It offers as much fun for families with the beautiful Nepean River, Penrith Lakes and white-water rafting stadium, The Penrith Panthers Club, I fly, Wake and Leisure water park, and much more.

Take advantage of the popular bridge to bridge walk around Nepean River, then enjoy a coffee at the Coffee Club across the road from Tench Reserve. The Nepean is situated in the perfect location for every family member to enjoy all the amenities and recreation this thriving and prosperous city has on offer.

This raw development site is conveniently located within walking distance, a short drive or bus ride to Penrith CBD. Easy access to Western Sydney University, TAFE Campus, Nepean District Hospital(110m) and Penrith Academic Selective High School(350m). Plenty of shopping facilities with Westfields Shopping Plaza and Nepean Shopping Village. Easy access to public transport via Penrith and Kingswood Train Station, bus services and to the M4 motorway.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. We have not verified whether that information is accurate, and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on.
All interested parties should make and rely upon their own inquiries to determine whether this information is, in fact, accurate.

Property History for 7 Hope St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$1,070,000
06 Apr 2023
Listed for Rent
$310/w
08 Feb 2014
  • 06 Apr 2023
    Sold for $1,070,000
  • 16 Feb 2023
    Listed for Sale $1,150,000
  • 12 May 2021
    Sold for $975,000
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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 12,552 properties. Over the last 5 years, Houses in Penrith have seen a 57.54% increase in median value, while Units have seen a 31.43% increase. As at 31 October 2024:

  • The median value for Houses in Penrith is $976,372 while the median value for Units is $570,743.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 101 properties listed for sale, and 100 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 627 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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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.