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40 Greenway Drive, South Penrith NSW 2750

BUYERS' GUIDE $1,080,000 - $1,150,000

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$1.08M - $1.13M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 3 Cars 645 m²

Listed: 14th Jul 2026

Updated: 31st Jul 2026

Overview

Situated on an expansive 645sqm block, this well-positioned house offers a unique combination of immediate comfort and future development potential. Its generous 18.28m frontage coupled with double side access allows for versatile use, including the possibility to add a granny flat, subject to council approval.

The property rests peacefully opposite a quiet reserve, providing a tranquil environment while maintaining proximity to local conveniences such as Smith Street shopping village, Southlands Shopping Centre, and several reputable schools including York Public and Jamison High School. This location within a sought-after and growing neighbourhood makes it attractive for a variety of buyers.

Three spacious bedrooms featuring built-in wardrobes in the master bedroom
A formal living area equipped with split system air conditioning for year-round comfort
A renovated kitchen that enjoys views over the north-facing backyard, ideal for family gatherings and outdoor activities
An updated bathroom fitted with a bathtub and a separate toilet—offering practical family usability
A sizable north-facing backyard free from drainage easements, enhancing the usability and potential for further development
A detached garage complemented by ample off-street parking for multiple vehicles, including boats or caravans via the double side access

This home presents excellent opportunities for first-home buyers, investors, and developers looking to capitalize on its flexible layout and growth potential. The combination of a large block, desirable location, and functional living spaces offers a sound investment and a comfortable lifestyle option in South Penrith.

Local Market Insights

In South Penrith, Quiet Listings observed 26 new houses entering the market over the last 30 days, unchanged from 26 in the prior period, with an average advertised asking price of $1,165,846. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (25%), and units (14%). The most active agency for houses in the South Penrith area is currently Aitken RE, representing 27% of new listings, followed by Ray White with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.