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19 Hillcrest Avenue, Penrith NSW 2750

Tue 24th Nov At 6:30pm

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$1M - $1.1M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 1 Car 815 m²

Listed: 34 days ago

Updated: 6 hours ago

Overview

This expansive corner property at 19 Hillcrest Avenue in Penrith presents a unique opportunity for homeowners, investors, and renovators alike. Sitting on a generous 815 square metre parcel zoned R2, the site holds significant potential for future development subject to council approval, including possibilities for duplex or granny flat additions.

The existing three-bedroom residence provides a substantial base for renovation or rebuilding, allowing buyers to tailor the home to contemporary living standards while capitalising on the prized corner position and excellent street frontage. Its location, well-connected to schools, shopping, and transport, ensures convenience for families and professionals, while the significant land size offers space for outdoor living, redevelopment, or enhancement.

With uncovered parking available and proximity to essential amenities, the property appeals to a broad spectrum of buyers looking for a project with promising upside in a sought-after suburb. This versatile offering combines location, land size, and redevelopment potential, making it a noteworthy consideration for those seeking to create value in Penrith's dynamic market.

Local Market Insights

In Penrith, Quiet Listings observed 28 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $1,067,250. The property type mix of listed properties is predominantly Houses at 48%, followed by apartments (29%), and units (14%). The most active agency for houses in the Penrith area is currently Ray White, representing 25% of new listings, followed by PRD Nationwide with 21%. 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.