87 Derby St, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 574m2 and floor size of 99m2. 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.Perfectly positioned in one of Penrith's most in-demand corridors, 87 Derby Street presents a rare opportunity to secure a medium-density development site (R3 zoning) within walking distance to key amenities, transport and infrastructure.This versatile property is ideal for developers, investors or homeowners seeking long-term growth and flexibility.Development & Investment Highlights Perfect for townhouse, duplex or boutique unit projects (STCA) Option to combine with 85 Derby Street for a larger redevelopment footprint Excellent potential for both short-term rental returns and long-term capital growth Within walking distance of Nepean Hospital, Western Sydney University, and Penrith Train Station Surrounded by major infrastructure projects including the Western Sydney Airport and Metro linkContact Udaya Puttagunta (Krish) on 0468 594 122 to arrange an inspection or to discuss combined opportunities with 85 Derby Street, Penrith.Disclaimer:All information contained herein is gathered from sources we believe 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. 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 13,074 properties. Over the last 5 years, Houses in Penrith have seen a 32.99% increase in median value, while Units have seen a 33.04% increase. As at 31 July 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© 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.
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.