85 Derby St, Penrith is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 601m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Penrith in the last 12 months.
Proudly presented by your trusted local expert, Udaya Puttagunta (Krish), and the team at Ray White United Group.Positioned in a sought-after pocket close to Penrith CBD, this exceptional property at 85 Derby Street offers both immediate appeal and long-term development potential. Whether you're an investor seeking a land-bank opportunity, a developer exploring multi-dwelling potential (STCA), or a homeowner looking for space and location, this property delivers on all fronts.Development & Investment Highlights Ideal for townhouse, duplex or unit development (STCA) Combine with neighbouring properties for larger redevelopment footprint Strong rental demand and capital growth history in Penrith Easy access to Nepean Hospital, Western Sydney University, TAFE, and Penrith Station Only minutes from Westfield Penrith, M4 Motorway and the upcoming Western Sydney Airport corridorContact Udaya Puttagunta (Krish) on 0468 594 122 for more information or to discuss amalgamation options with adjoining properties.Disclaimer:All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy, and interested parties should rely on their own enquiries. Development potential subject to council approval (STCA).
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 12,999 properties. Over the last 5 years, Houses in Penrith have seen a 48.70% increase in median value, while Units have seen a 35.40% increase. As at 31 March 2026:
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