921 Penrose RoadPenrose NSW 2579
Property Details for 921 Penrose Rd, Penrose
Last Listing description (May 2019)
Centrally located in the charming village of Penrose is this large level parcel of land offered to the market for the first time in many years and open to various purchase options. The land is currently subdivided into two parcels, one being 5 acres and the other larger lot sitting at 23 acres.
The 5 acre parcel comes with street frontage, a rather run down clad home and various outbuildings in various stages of repair. The land is level and heavily treed but able to be cleared with minimal fuss. Zoned E3 this parcel is asking $395,000. The 23 acre parcel also offers street frontage and is zoned both E3 and R2 low density with subdivision a real possibility. Again a level block, whilst heavily treed there are some lovely sun filled open areas of land with some good stands of trees. Various outbuildings are dotted over this property also. This larger parcel is asking $495,000.
The third option in this sale is to buy the property as a whole, vendor will negotiate on this.
Great bike riding, walking trails located in Penrose State Forest and village on the cusp of great things.
Property History for 921 Penrose Rd, Penrose, NSW 2579
- 30 May 2019Sold for $749,999
- 10 May 2019Listed for Sale Sold - $750,000
- 02 Jan 2018Sold
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0About Penrose 2579
The size of Penrose is approximately 46.3 square kilometres. There are 3 parks, covering nearly 36.3% of the total area. The population of Penrose in 2016 was 247 people. By 2021 the population was 263 showing a population growth of 6.5% in the area during that time. The predominant age group in Penrose is 60-69 years. Households in Penrose are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrose work in a professional occupation.In 2021, 86.90% of the homes in Penrose were owner-occupied compared with 78.40% in 2016.
Penrose has 192 properties. Over the last 5 years, Houses in Penrose have seen a 73.55% increase in median value, while Units have seen a 74.58% increase. As at 31 May 2026:
- The median value for Houses in Penrose is $1,867,874 while the median value for Units is $1,007,099.
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