SOLD
RECENT ADVICE
Sold on 05 Dec 2024 for $1,098,000

28/28A Moolana Parade
South Penrith NSW 2750

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
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Property Details for 28/28a Moolana Pde, South Penrith

28/28a Moolana Pde, South Penrith is a 5 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 5 bedroom House sold in South Penrith in the last 12 months.

Building Type
House
Local Government
Penrith

Last Listing description (December 2024)

Helen Fitzpatrick and her team at Ray White Nepean Group are pleased to present this excellent investment property, currently leased to long-term tenants who are eager to extend their leases. With a combined rental return of $880 per week, there is potential to increase this income with some minor cosmetic updates. Set on a 650m2 block with an 18.29 meter frontage, this property offers both immediate return and future growth.

Prime Location
Conveniently located close to local schools, Southlands Shopping Centre, parks and just a short drive to Kmart, Coles, Penrith Station and Westfield.

Key Features:

House:
3 Bedrooms, with a mirrored robe in the master
Neat and tidy kitchen
Combined lounge/dining area
Well-maintained bathroom
Separate driveway leading to a single carport
Garden shed
Undercover entertaining area
Current rent: $460 per week
Long-term tenant keen to stay on

Granny Flat:
2 Bedrooms, with mirrored robes in both
Modern kitchen and bathroom
Stylish, low-maintenance flooring
Split-system air conditioning
Water tank
Spacious garage with a separate driveway
Current rent: $420 per week
Long-term tenant also interested in staying

Location Highlights:
Southlands Shopping Centre: 1.1 km
Kmart and Coles: 3.3 km
Jamison High School: 900 m
York Public School: 650 m
Penrith Station: 4.9 km
Westfield Penrith: 4.9 km

For more information or to arrange an inspection, please contact Helen Fitzpatrick and her team at Ray White Nepean Group on
0414 362 955.

Property History for 28/28a Moolana Pde, South Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$1,098,000
05 Dec 2024
  • 05 Dec 2024
    Sold for $1,098,000
  • 14 Nov 2024
    Listed for Sale $1,050,000 to $1,150,000

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About South Penrith 2750

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 4,700 properties. Over the last 5 years, Houses in South Penrith have seen a 55.97% increase in median value, while Units have seen a 56.74% increase. As at 30 November 2024:

  • The median value for Houses in South Penrith is $965,111 while the median value for Units is $737,324.
  • Houses have a median rent of $600 while Units have a median rent of $485.
There are currently 13 properties listed for sale, and 16 properties listed for rent in South penrith on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in South penrith.

Suburb Insights for South Penrith 2750

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Ray White Glenmore Park
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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.