193 Richmond Road, Penrith, NSW 2750 sold on 25 March 2025 | OnTheHouse
 
SOLD
Sold on 25 Mar 2025 for $895,000

193 Richmond Road
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 986m2
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This property is currently on the market
3 Bedroom Home Penrith
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Property Details for 193 Richmond Rd, Penrith

193 Richmond Rd, Penrith is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 986m2.This Property is currently listed for rent with Southlands Estate Agents

Building Type
House
Land Size
986m2

Last Listing description (March 2025)

Unlock the potential of this generous 986m² block, located in a sought-after area with R2 Low Density Residential zoning. This property offers an exciting opportunity for developers, investors, or those looking to build their dream home in a growing community.

Key Features:
- Large Block: Expansive 986m² site providing ample space for residential development or a spacious family home (subject to council approval).

- R2 Zoning: R2 Low Density Residential zoning allows for flexible development options, including single dwellings, dual occupancies, and more (subject to council approval).
- Location: Ideally positioned within walking distance to local schools, parks, shops, and transport links.
- Development Potential: A rare find in a highly desirable location, with the potential for capital growth in a rapidly developing area.

Whether you're looking to build your dream home or take advantage of this prime development site, this property offers endless possibilities.

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 193 Richmond Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$895,000
25 Mar 2025
Listed for Rent
$550/w
24 Jan 2026
  • 24 Nov 2025
    Listed for Rent $590 / week
  • 18 Mar 2025
    Sold for $895,000
  • 07 Mar 2025
    Listed for Sale $895,000.00
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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 12,914 properties. Over the last 5 years, Houses in Penrith have seen a 60.82% increase in median value, while Units have seen a 35.10% increase. As at 31 December 2025:

  • The median value for Houses in Penrith is $1,111,632 while the median value for Units is $612,532.
  • Houses have a median rent of $580 while Units have a median rent of $580.
There are currently 69 properties listed for sale, and 86 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 656 properties were sold in the past 12 months in Penrith.

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© 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.

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