2/77 Nepean Avenue, Penrith, NSW 2750 | DuplexSemi-detached for sale | OnTheHouse
 
FOR SALE
$2,950,000

2/77 Nepean Avenue
Penrith NSW 2750

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 933m2
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Deep Water Frontage. Three Levels of Considered Living.

Deep water frontage of this calibre rarely comes to market - and rarer still on Nepean Avenue, Penrith's most coveted address. This considered, three-level residence occupies one of the street's finest positions, with frontage to the Nepean River and an unhurried ten-minute walk into the heart of Penrith.
Set on 933sqm, the home reveals itself gradually, in the manner of a residence designed to be lived in rather than merely viewed. A private entry opens through a covered porch, flowing through to an open-plan kitchen and dining zone - before the home reveals its true showpiece at the northern end: a lounge of genuine scale, 9.8 by 4.2 metres, opening directly onto a covered deck and the river beyond. A fourth bedroom with its own ensuite and spa sits privately to one side of this level, ideal for extended family, live-in staff, or guests who value their independence. A double garage with internal access, remote panel-lift door and adjoining workshop completes the ground floor.
Upstairs, a light-filled gallery - 6.2 by 4.0 metres - serves as the home's second living zone, complete with its own kitchenette and opening onto a private balcony framed by river views. Three further bedrooms are arranged around it, including a main suite with its own ensuite and robe, serviced by a central bathroom finished with the same quiet attention to detail found throughout the home.
Below ground, a substantial cellar level extends the home's footprint further still. Currently a blank canvas, it is the kind of space recent renovation trends have made highly sought-after - a home theatre, a private gym, a work-from-home studio, or a temperature-controlled wine cellar built for serious collectors. Few homes in this pocket of Penrith offer a genuine third level, and fewer still offer one with this degree of flexibility.
Throughout, the home is fitted for comfort as much as presentation, with reverse-cycle ducted air conditioning, ducted vacuum and a full alarm system - the kind of considered inclusions that quietly separate a well-built home from an architecturally impressive one.
Outside, established gardens frame an in-ground pool and a series of deck and entertaining zones that step down toward true deep water - the kind of frontage that offers genuine river access, not merely a view of it. It is a rare, private vantage point to watch the river change light through the evening. From here, it is a short stroll to the growing dining and small bar precinct at Eastbank, direct access to the Great River Walk, and only minutes by car to Westfield Penrith, Nepean Hospital and Panthers.
This is a home built for a particular kind of buyer - one who understands that genuine deep water frontage on a substantial, established block, in this location, does not come to market often. Inspection is by private appointment.
At a Glance
• True deep water frontage to the Nepean River, on a substantial 933sqm block
• Three considered levels of living, including a versatile cellar level
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Property Details for 2/77 Nepean Ave, Penrith

2/77 Nepean Ave, Penrith is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 933m2. The place is currently for sale with PRD Real Estate Penrith.

Building Type
DuplexSemi-detached
Land Size
933m2
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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. There are 35 parks, covering nearly 13.5% of the total area. The population of Penrith in 2016 was 13295 people. By 2021 the population was 17966 showing a population growth of 35.1% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation.In 2021, 36.00% of the homes in Penrith were owner-occupied compared with 40.70% in 2016.

Penrith has 13,090 properties. Over the last 5 years, Houses in Penrith have seen a 31.65% increase in median value, while Units have seen a 30.86% increase. As at 31 August 2026:

  • The median value for Houses in Penrith is $1,062,065 while the median value for Units is $633,487.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 96 properties listed for sale, and 109 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 671 properties were sold in the past 12 months in Penrith.

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