Penrith
Property profile for Penrith, Sydney. Median prices and property calculators.
Median Prices
Median House Price
$900,000
Approximate median for Penrith, Sydney
Median Unit Price
$480,000
Approximate median for Penrith, Sydney
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Estimated Stamp Duty
$39,500
On median house price of $900,000
Estimated Monthly Mortgage
$4,410
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$180,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Penrith
Penrith is a major regional centre in western Sydney, situated at the foot of the Blue Mountains approximately 50 kilometres west of the CBD. The suburb serves as the commercial and service hub for the rapidly growing outer-western suburbs, anchored by Westfield Penrith and a revitalised High Street retail precinct. Property in Penrith is predominantly freestanding houses on generous blocks, with newer townhouse and apartment developments emerging near the station. The Nepean River running through the area provides outstanding recreational opportunities including rowing, kayaking, and riverside walking trails. Penrith Panthers entertainment precinct offers dining, cinema, and leisure facilities. Transport connections include the T1 Western train line with services to the CBD in about an hour, plus major road access via the M4 Western Motorway and Great Western Highway. The suburb has benefited from significant infrastructure investment and will gain further connectivity from the Western Sydney Airport at nearby Badgerys Creek. Penrith appeals strongly to first home buyers and young families seeking affordable housing with good amenities, as well as investors attracted by population growth and infrastructure spending.