27/27-A Christine St, South Penrith is a 5 bedroom, 2 bathroom House.
Attention all Investors ! What a great opportunity to purchase a property with an immediate income. The property includes a 3 bedroom home that includes a renovated kitchen and bathroom that is being rented at $400 per week. The 5 year old granny flat has direct street access, off street parking behind gates and consists of 2 bedrooms, a combined bathroom/laundry and open plan living. This is currently rented out at $350 per week.
> Wonderful investment opportunity
> Total rental return of $750 per week
The size of South Penrith is approximately 5.1 square kilometres. It has 25 parks covering nearly 22.1% of total area. The population of South Penrith in 2011 was 11,640 people. By 2016 the population was 11,790 showing a population growth of 1.3% in the area during that time. The predominant age group in South Penrith is 30-39 years. Households in South Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Penrith work in a clerical occupation. In 2011, 77% of the homes in South Penrith were owner-occupied compared with 72% in 2016.
South Penrith has 4,692 properties. Over the last 5 years, Houses in South Penrith have seen a 59.55% increase in median value, while Units have seen a 53.59% increase. As at 31 October 2024:
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