3/53-55 King Street, Penrith, NSW 2750 | Property Value & History | OnTheHouse
OFF MARKET

3/53-55 King Street
Penrith NSW 2750

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1257m2
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Property Details for 3/53-55 King St, Penrith

3/53-55 King St, Penrith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 1257m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
1990
Floor Size
60m2
Land Size
1257m2
Local Government
Penrith
Lot/Plan
3/SP36867

Last Listing description (May 2026)

An ideal opportunity for first-home buyers or investors, this well-positioned two-bedroom unit is located in the popular North Penrith precinct, just a short distance to shops, public transport and the vibrant Thornton Estate.

The floorplan features a generous open-plan living area, a separate kitchen, and an internal laundry. The standout feature is the oversized main bedroom offering more space than youd expect. Set in a small complex, the property also includes a secure lock-up garage.

This is a fantastic entry point into the Penrith property market with the bonus of immediate rental return. With major infrastructure upgrades happening across the region, the future for Penrith is brightmaking this a smart move for any buyer.

Property History for 3/53-55 King St, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$380,000
30 May 2025
Listed for Rent
$300/w
07 Nov 2020
  • 30 May 2025
    Sold for $380,000
  • 13 May 2025
    Listed for Sale $350,000 - $385,000
  • 18 Sep 2024
    Listed for Sale $399,000 - $419,000
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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 13,051 properties. Over the last 5 years, Houses in Penrith have seen a 39.58% increase in median value, while Units have seen a 35.64% increase. As at 30 June 2026:

  • The median value for Houses in Penrith is $1,111,412 while the median value for Units is $650,887.
  • Houses have a median rent of $625 while Units have a median rent of $575.
There are currently 93 properties listed for sale, and 96 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 704 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.