9/21 Castlereagh St, Penrith is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 1344m2. While the property is not currently for sale or for rent, it was last sold in August 2011.
Sensational Position and Investment
Set on a picturesque street just moments from the CBD of Penrith, this Large modern vibrant unit provides a wonderful opportunity. With a little vision it could be recreated as a awesome owner occupied property or a excellent investment. Accommodation includes, 2 bedrooms main with built ins, generous open plan living and dining space which flows on to a good size balcony. Modern kitchen, Large bathroom and large internal laundry, this unit would make a great investment or first entry into the real estate market. Close to schools, shops and all public transport facilities. Located in a security complex with car accommodation. Expected rental yield $280 + per week.
First to see will buy.
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 12,926 properties. Over the last 5 years, Houses in Penrith have seen a 63.14% increase in median value, while Units have seen a 36.03% increase. As at 31 January 2026:
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