147 Derby StreetPenrith NSW 2750
Property Details for 147 Derby St, Penrith
147 Derby St, Penrith is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 683m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (May 2026)
Welcome to 147 Derby Street, Penrith - a rare opportunity to secure a prime R4 zoned development site in one of Penriths most sought-after growth corridors. With the adjoining property at 145 Derby Street also available for purchase, buyers have the unique opportunity to secure one or both sites side by side in the heart of Penrith CBD.
Situated in a street renowned for future growth and redevelopment, this property presents exceptional potential for developers, investors and landbankers looking to capitalise on the continued transformation of Penrith. The existing dwelling is not considered habitable and the property is being offered as a development opportunity with substantial future upside.
Location Highlights:
- Zoned R4 High Density Residential
- Suitable for a range of future developments including apartments, medical facilities, childcare centres and boarding houses (STCA)
- Similar surrounding properties have already been redeveloped into multi-level residential and commercial projects
- Located approximately 500m from Nepean Hospital
- Surrounded by established medical and commercial businesses
- Opportunity to secure two adjoining sites with substantial combined frontage and site area
- Significant government and private investment continuing throughout the Penrith CBD
Property Details 147 Derby Street (approx.):
Land Size: 682.6sqm
Frontage: 14.94m
Depth: 45.72m
Combined Land Details 145 & 147 Derby Street (approx.):
Total Site Area: 1,378.5sqm
Combined Frontage: 30.14m
Depth: 45.72m
Opportunities like this are becoming increasingly difficult to secure within Penriths rapidly evolving CBD precinct. Whether you are looking to redevelop immediately or secure a strategic landholding for the future, this property offers outstanding potential in a high-growth location.
For further information, please contact Joseph Vella on 0403 183 638 or Rod McIvor on 0433 189 715.
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes
Property History for 147 Derby St, Penrith, NSW 2750
- 19 May 2026Listed for Sale Price Guide $1,200,000 to $1,300,000
- 21 Nov 2024Sold for $1,000,000
- 28 Jun 2024Listed for Sale SOLD BY JOSH CASSELLS!
Recent sales nearby
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About Penrith 2750
The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of 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 13,011 properties. Over the last 5 years, Houses in Penrith have seen a 48.58% increase in median value, while Units have seen a 32.73% increase. As at 30 April 2026:
- The median value for Houses in Penrith is $1,142,672 while the median value for Units is $643,330.
- Houses have a median rent of $620 while Units have a median rent of $575.
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