23 Grassmere Avenue, South Penrith, NSW 2750 | House for sale | OnTheHouse
 
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23 Grassmere Avenue
South Penrith NSW 2750

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 650m2
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Great Location - Full Of Potential

Positioned in a quiet and tightly held pocket of South Penrith, 23 Grassmere Avenue presents an exciting opportunity for buyers looking to renovate, rebuild or invest. Set on a generous 650m² flat block, this solid four-bedroom, two-bathroom home is completely original throughout, offering a blank canvas ready for transformation.
The existing floor plan is practical and easy to work with, providing a great foundation for those wanting to modernise or start fresh. The home features multiple living spaces, a functional kitchen, and four well-sized bedrooms, including a main bedroom with ensuite. While the interiors are in need of a full update, the structure and layout make it an ideal project for renovators seeking a home they can truly make their own.
Outside, the level block provides plenty of space to extend, landscape, or even consider redevelopment options (STCA). The wide frontage and flat terrain make future works straightforward, appealing to both homeowners and developers alike.
Located in a peaceful South Penrith street, this property is within close reach of local schools, Southlands Shopping Centre, parks, public transport, and easy access to the M4 Motorway. The position offers both lifestyle convenience and strong growth potential in a consistently popular area.
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.

Property Details for 23 Grassmere Ave, South Penrith

23 Grassmere Ave, South Penrith is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 650m2. The place is currently for sale with AitkenRE.

Building Type
House
Land Size
650m2
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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 2016 was 11790 people. By 2021 the population was 12005 showing a population growth of 1.8% 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 2021, 67.90% of the homes in South Penrith were owner-occupied compared with 72.00% in 2016.

South Penrith has 4,720 properties. Over the last 5 years, Houses in South Penrith have seen a 59.00% increase in median value, while Units have seen a 53.89% increase. As at 31 October 2025:

  • The median value for Houses in South Penrith is $1,044,269 while the median value for Units is $756,470.
  • Houses have a median rent of $630 while Units have a median rent of $510.
There are currently 15 properties listed for sale, and 15 properties listed for rent in South penrith on OnTheHouse. According to Cotality's data, 188 properties were sold in the past 12 months in South penrith.

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Richard Stewart
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David Reeves
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AitkenRE
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