Being offered to the market for the first time, this opportunity to own acreage on the outskirts of Penrith's CBD isn't a property you'll want to miss. Nestled upon approximately 5 acres there's a blissful sense of serenity and picturesque views of the Blue Mountains and Penrith Lakes that come with owning this property, making for one jaw dropping sunset you'd get to come home to every evening. Boasting dual dwellings, further opportunity is provided for those in need of extra space to house the in-laws or other family.
In total presenting 7 bedrooms, 4 bathrooms and ample room for the cars, you'd do incredibly well to run out of space in this expansive property!
Standout Features Include:
The value of the property not only lies within the land and views surrounding but also, the convenience of location. Popular amenities include but aren't limited to; Penrith Station (10.3km), Westfield Penrith (9.9km), Nepean Hospital (12.1km), nearest bus stop (850m), St Paul's Grammar School (8km), Penrith Beach (3.2km) and more!
An acreage oasis awaits, reach out to arrange your inspection now!
Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
The size of Castlereagh is approximately 32.1 square kilometres. There are 6 parks, covering nearly 7.7% of the total area. The population of Castlereagh in 2016 was 1171 people. By 2021 the population was 1248 showing a population growth of 6.6% in the area during that time. The predominant age group in Castlereagh is 0-9 years. Households in Castlereagh are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castlereagh work in a trades occupation.In 2021, 79.70% of the homes in Castlereagh were owner-occupied compared with 79.10% in 2016.
Castlereagh has 515 properties. Over the last 5 years, Houses in Castlereagh have seen a 52.61% increase in median value, while Units have seen a -6.59% decrease. As at 30 April 2026:
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