191 Richmond Road, Penrith, NSW 2750 | Property Value & History | OnTheHouse
 
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191 Richmond Road
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 999m2
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Property Details for 191 Richmond Rd, Penrith

191 Richmond Rd, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 999m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2025.

Building Type
House
Year Built
1960
Floor Size
120m2
Land Size
999m2
Local Government
Penrith
Lot/Plan
267/DP31824

Last Listing description (November 2025)

Nestled on a generous 991m block, this property presents a fantastic opportunity for developers, investors or families seeking a spacious home with the potential for future growth. Featuring a 3-bedroom, 1-bathroom residence and R2 Low Density Residential zoning, this is a rare find in a desirable location.

Key Features:
Large Block: Expansive 999m site offering plenty of room for future development or creating your ideal family home.

3-Bedroom Home: Comfortable 3-bedroom, 1-bathroom property, perfect for immediate occupancy or rental while you plan your next move.

R2 Zoning: R2 Low Density Residential zoning opens the door for a variety of development possibilities, including single dwellings, dual occupancies or even townhouse projects (subject to council approval).

Location: Conveniently located close to local schools, parks, shops and public transport, offering excellent connectivity and lifestyle amenities.

Development Potential: With R2 zoning and a large land size, this property presents significant potential for capital growth in a rapidly developing area.

Whether you're looking to secure a spacious home with room to grow or have development plans in mind, this property offers great value and versatility. Don't miss out on this prime opportunity!

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.

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Property History for 191 Richmond Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$820,000
03 Sep 2025
  • 03 Sep 2025
    Sold for $820,000
  • 07 Mar 2025
    Listed for Sale $929,000 - $979,000
  • 21 May 1990
    Sold for $90,000
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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 13,089 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 93 properties listed for sale, and 116 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 673 properties were sold in the past 12 months in Penrith.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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