31 Reddan Avenue, Penrith, NSW 2750 | Property Value & History | OnTheHouse
OFF MARKET

31 Reddan Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 118m2
Land area: 727m2
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Property Details for 31 Reddan Ave, Penrith

31 Reddan Ave, Penrith is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 727m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1950
Floor Size
118m2
Land Size
727m2
Local Government
Penrith
Lot/Plan
4/DP29486

Last Listing description (October 2022)

Located on the fringes of the Penrith CBD is this perfect opportunity for any buyer with aspirations in developing or looking to landbank in a rapidly growing area. Situated on a 728sqm block and zoned R3 the home also benefits from slopping towards the street.

Standout features include:

The home itself has been well maintained and offers 3 great sized bedrooms, multiple living spaces. Given the neat home, any savvy buyer will be able to capitalise on a generous rental return whilst waiting for approvals

The substantial block benefits from being zoned R3 (medium density) which allows for developments such as Boarding Houses, Duplex, Medical practice, Childcare centres, and a range of other options. The amount of these developments that have been built in this pocket alone is evidence that you're investing in the right location
The property also features high ceilings throughout and plenty of natural light

The true value of this home is in the location, being only 300m from Nepean Hospital and surrounding medical facilities, 300m from Penrith Selective High School, 1.4km from Centro Nepean shopping centre and only 1.5km from Penrith Westfields and train station. Not to mention being around the corner from a medical centre, a range of local shops including various eateries and a convenience store.

Sitting on the fringes of the Penrith CBD as well as the Kingswood Health precinct, the location will forever benefit from the future growth of Penrith and the surrounding infrastructure for years to come.

Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property History for 31 Reddan Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$920,000
05 Sep 2022
  • 05 Sep 2022
    Sold for $920,000
  • 29 Jun 2022
    Listed for Sale $899,000 - $969,000
  • 03 May 1993
    Sold for $127,200
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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 12,895 properties. Over the last 5 years, Houses in Penrith have seen a 55.29% increase in median value, while Units have seen a 34.48% increase. As at 30 November 2025:

  • The median value for Houses in Penrith is $1,079,354 while the median value for Units is $600,019.
  • Houses have a median rent of $580 while Units have a median rent of $580.
There are currently 81 properties listed for sale, and 73 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 631 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.