OFF MARKET

79/40-50 Union Road
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 4149m2
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Property Details for 79/40-50 Union Rd, Penrith

79/40-50 Union Rd, Penrith is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4149m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2018
Floor Size
85m2
Land Size
4149m2
Local Government
Penrith
Lot/Plan
79/SP96912

Last Listing description (July 2022)

Positioned on level 5 and in the heart of Penrith CBD, this large apartment offers a great opportunity for first home buyers or investors. Boasting 99sqm of internal living area including the balcony and close proximity to Westfield Shopping centre, this stunning apartment makes for a rare opportunity for low-maintenance lifestyle living in a brilliant location.

- Large internal area of 99sqm living space including balcony
- Split system air con in the living room and carpet throughout

- Internal laundry with dryer and plenty of storage throughout the unit
- 2 large bedrooms, main with ensuite and large main bathroom with bathtub
- Open plan living and dining, flowing on to the balcony
- Well-maintained community gardens and seating in the common area.
- Secure car space and storage cage in basement

A new generation is discovering the magic of Penrith with its world-class shopping amenities, excellent caf and dining scene plus express rail transport to the city. Perfectly positioned and right next door to Westfield and Penrith's lively CBD.

Outgoings:
Water Rates: $147 p/q approx.
Council Rates: $411 p/q approx.
Strata Levies: $590 p/q approx.

With respect to the government's easing of restrictions around open homes but in a continuing effort to help stop the spread of COVID-19, we will conduct our scheduled open homes with social distancing and hygiene protocols in place, as well as continue to offer private appointments for those who prefer that method. Please contact the listing agent for more information.

Property History for 79/40-50 Union Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$580,000
12 May 2022
Listed for Rent
$410/w
25 May 2018
  • 12 May 2022
    Sold for $580,000
  • 22 Apr 2022
    Listed for Sale $580,000
  • 19 Apr 2018
    Listed for Rent $350 / 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.

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.