56/40-50 Union RoadPenrith NSW 2750
Property Details for 56/40-50 Union Rd, Penrith
56/40-50 Union Rd, Penrith is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4149m2 and floor size of 82m2.
Last Listing description (February 2020)
Situated in a highly sought-after location, right in the centre of Penrith's CBD, this apartments will offer its residents excellent access to all local amenities including Westfield shopping plaza across the road, and a multitude of dining, entertainment and transport options.
This architecturally designed apartment offers a spacious open plan design with living area opening onto the outdoor entertainment space. For the first home buyer, buying this brand new apartment entitles you to stamp duty exemptions & government grants. For the investor, this brand new apartment offers full depreciation & great yield!
Features include;
-Situated on the first floor of security stairwell with elevator & intercom system
-Modern kitchen with gas cooking, brand new appliances & ceasarstone bench tops
-Pristine bathrooms tiled from floor to ceiling
-Open plan living & dining area overlooking south facing balcony
-Spacious bedrooms with mirrored built in wardrobes & ensuite to main bedroom
-Basement parking with storage cage
For further information, contact Jack Turner on 0434 554 430
Property History for 56/40-50 Union Rd, Penrith, NSW 2750
- 09 Apr 2019Listed for Sale $489,000
Recent sales nearby
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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 13,030 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.
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