What is the true cost of buying an apartment in Penrith?

The median apartment in Penrith is $480,000. Including stamp duty ($16,130), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $41,624, or $3,469/month.

What does it really cost to buy a house in Penrith?

The median house in Penrith is $850,000. True first-year cost including stamp duty ($32,780), rates, insurance, maintenance, and mortgage repayments is approximately $60,926.

What is the vacancy rate in Penrith?

Penrith currently has a vacancy rate of 2.5%. Properties average 20 days on market.

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True Cost of Buying in Penrith

2750 NSW

Stable

Market Intelligence

Penrith is a major regional centre in Western Sydney, located approximately 50km from the CBD at the foot of the Blue Mountains. As the administrative and commercial heart of the Nepean region, Penrith offers a compelling blend of urban amenities and natural beauty. The suburb serves as a significant transport hub with excellent rail connections to Sydney CBD and is experiencing substantial growth driven by major infrastructure investments including the Western Sydney Airport and associated developments. With a median house price of $850,000, Penrith represents strong value compared to inner Sydney markets while offering established infrastructure, diverse housing stock, and proximity to employment centres. The area attracts a mix of first home buyers, families, and investors drawn to its affordability, transport links, and lifestyle benefits. Recent urban renewal projects and the emerging Aerotropolis development are positioning Penrith as a key beneficiary of Western Sydney's transformation into a major economic hub.

Major transport hub with direct rail links to Sydney CBD and excellent highway accessSignificant infrastructure investment including Western Sydney Airport proximityStrong rental demand from diverse tenant pool including families and professionalsEstablished commercial centre with major retail, dining and entertainment precinctsGateway location to Blue Mountains recreation and tourism

Market Snapshot

Median House

$850K

+10.5% 1yr

Median Apartment

$480K

+8.8% 1yr

Median Townhouse

—

Vacancy Rate

2.5%

20 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

66%

Population

12,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$3,469/mo

Purchase Price

$480,000

Stamp Duty

$16,130

1st Year Total

$41,624

House

$5,077/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$60,926

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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Community Profile

Median Income

$58,000

Median Age

Walkability

72/100

Public Transport

70/10

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