50 Coreen Avenue, Penrith, NSW 2750 | Property Value & History | OnTheHouse
 
OFF MARKET

50 Coreen Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 803m2
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Property Details for 50 Coreen Ave, Penrith

50 Coreen Ave, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 803m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1980
Floor Size
122m2
Land Size
803m2
Local Government
Penrith
Lot/Plan
172/DP259119

Last Listing description (August 2024)

RWC Western Sydney is excited to present a childcare investment property at 50 Coreen Avenue, Penrith via Auction.

Situated in one of Australia's fastest-growing regions, Penrith offers exceptional amenities, including healthcare, retail, education, transportation, and affordability.

This modern facility is leased to Young Academics, a renowned childcare operator in Western Sydney with over 40 centers, providing investors with strong confidence in both the tenant's capabilities and the prime location.

Additional Highlights of the Property:

High occupancy 48-place childcare facility
Long 15-year lease until 2038 with 2x10 year options
Generating $238,464* plus GST per annum, with 3.5% increases annually
100% outgoings payable by the lessee as per the lease agreement
Recently built in 2023 with significant depreciation benefits
Land tax-free commercial investment opportunity (NSW only)
Located in the growth area of Penrith, just 17 km* from the upcoming Western Sydney Airport
Instructions are to be sold on Auction day (unless sold prior).

The property is offered for sale via in-room auction on Thursday, July 18 at 1:00 pm.

Auction venue: Level 6, 150 George Street, Parramatta NSW.

For more information, please contact the exclusive selling agents.

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Property History for 50 Coreen Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$5,000,000
13 Aug 2024
Listed for Rent
$350/w
20 Nov 2018
  • 13 Aug 2024
    Sold for $5,000,000
  • 23 Jun 2024
    Listed for Sale Auction
  • 17 Sep 2020
    Sold for $1,050,000
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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 12,918 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 70 properties listed for sale, and 95 properties listed for rent in Penrith on OnTheHouse. According to Cotality's data, 653 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
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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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