247 Richmond Road, Penrith, NSW 2750 | Property Value & History | OnTheHouse
OFF MARKET

247 Richmond Road
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 89m2
Land area: 915m2
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Property Details for 247 Richmond Rd, Penrith

247 Richmond Rd, Penrith is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 915m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1960
Floor Size
89m2
Land Size
915m2
Local Government
Penrith
Lot/Plan
388/DP31824

Last Listing description (July 2021)

This 911m2 corner block has frontages to Richmond Road and Cooper Street in the heart of blossoming Penrith.

Enjoying maximum exposure this is the perfect spot to open a business such as child care (STCA). Or create dual income under strata subdivisions or resale one or both.


Knock down and rebuild attached or detached homes with decent backyards for each dwelling. Or keep current house full of original features and rent it out and build another house at the back. Enjoy the positive returns.

The existing 3 bedroom house is a retro gem with 2 bathrooms, a roomy lounge with air con, large kitchen and dining, and laundry.

Features: - Polished hard timber floors - High ceilings - Timber window frames - Loads of natural light - Renovated main bathroom - Built-in robe to master bedroom - 2 sheds

There's plenty of space to park your cars, trucks or boat in the securely fenced backyard. Set up the trampoline for the kids or build a pool for the upcoming summer. The potential really is unlimited with a block this size.

Call your friendly Cutcliffe agent today.

Property History for 247 Richmond Rd, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$780,000
28 Jun 2021
Listed for Rent
$330/w
21 Dec 2019
  • 28 Jun 2021
    Sold for $780,000
  • 25 Jun 2021
    Listed for Sale Upcoming Auction
  • 23 Oct 2019
    Listed for Rent $330 / week
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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 88 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 657 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Cotality Copyright and Legal Disclaimers about Property Data
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.