Penrith
Suburb profile, market snapshot and recent listings for Penrith, NSW 2750.
About Penrith
Welcome to Penrith
Penrith sits at the foot of the Blue Mountains, roughly 50 kilometres west of the Sydney CBD, on the banks of the Nepean River. It's long been the commercial and civic heart of Sydney's west, with a compact city centre, a big regional shopping base and easy access to both the mountains and the river foreshore. For a suburb of just under 18,000 people, it punches well above its weight in terms of amenity.
With a median age of 36, Penrith attracts a mix of first-home buyers, downsizers and renters drawn to its relative affordability compared with Sydney's inner and eastern suburbs. It suits people who want city-adjacent conveniences — a train line straight into the CBD, a busy retail and dining strip, established schools — without inner-city prices, and who don't mind a longer commute in exchange for space and lifestyle.
Lifestyle & dining
The Nepean River is Penrith's biggest lifestyle asset, with riverside parks, walking and cycling paths, and spots for kayaking and rowing that give the suburb a genuinely outdoorsy feel not always associated with western Sydney. The town centre itself has a solid spread of cafes, pubs and restaurants, and Penrith Panthers' home turf brings a strong local sporting culture, along with the club's own dining and entertainment facilities.
It's a suburb that works equally well for a quiet coffee and river walk or a bigger night out, and its proximity to the Blue Mountains means weekend bushwalks and mountain villages are a short drive away.
Shopping
Penrith functions as a genuine regional shopping hub, anchored by Westfield Penrith and the surrounding Riley Street and High Street retail strips, which together cover everyday grocery needs, fashion, homewares and services. This scale of retail is unusual for a suburb of this size and is a big part of why Penrith draws shoppers from surrounding areas like Cambridge Park, Cambridge Gardens and Kingswood as well as its own residents.
Getting around
Penrith railway station sits on the Sydney Trains Western Line, giving direct services into the CBD and making the suburb a realistic option for commuters willing to trade travel time for space and price. The M4 Motorway also runs through the area, providing a fast road link east toward Sydney and west toward the mountains.
Locally, Penrith is well served by bus routes connecting to neighbouring suburbs including South Penrith, Werrington Downs and Kingswood, and the compact town centre means many shops, services and the station are within easy walking distance of each other.
Schools & families
Families have a good choice of local primary schooling, with Penrith Public School, Penrith South Public School, St Nicholas of Myra Primary School and Wadangali Public School all in or near the suburb. This spread of public and Catholic options, combined with the suburb's parks and river frontage, makes Penrith a practical base for families wanting established infrastructure without inner-city costs.
The property market
Penrith's current listings lean heavily toward apartments and units, which make up 57% of stock, against 33% houses and 9% townhouses. That mix is reflected in the price gap between dwelling types: the median house price sits at $976,000, while units and apartments have a median of $625,000, giving buyers a meaningfully lower entry point if they're prepared to consider higher-density living.
House prices have grown 9.1% recently, a solid result that points to sustained demand for the suburb's mix of affordability, transport links and amenity. For renters, the median rent across the suburb is $600 a week, which, combined with the price growth, suggests Penrith continues to attract both owner-occupiers and investors keen on western Sydney's growth corridor.
Market snapshot
Penrith property market
Median sale price
$976k
House · 3 bed
Median rent
$600
per week
Gross rental yield
3.2%
annual rent ÷ sale price
Typical price range
Entry
$736k
Median
$976k
Premium
$1.40m
Days on market
17
Auction clearance
71%
Sold this year
116
Median sold price trend · House 3 bed
Compound growth +6.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Penrith by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Penrith, NSW 2750.
Population
17,966
residents (2021)
Median age
36
years
Household income
$1,397
median, per week
Median rent
$380
per week
Median mortgage
$1,783
per month
Mortgage / income
29%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Penrith
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Penrith
$603k
215/25-31 Hope Street
Sold ~July 2026
$550k
9/72-76 Union Road
Sold ~July 2026
$630k
6/90 Lethbridge Street
Sold ~July 2026
$529k
3/5 Hemmings Street
Sold ~July 2026
$970k
77 Illawong Avenue
Sold ~July 2026
$720k
301/60 Lord Sheffield Circuit
Sold ~July 2026
$831k
3/147 Stafford Street
Sold ~July 2026
$1.02m
43 Robert Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Penrith
Compare the area
Price map around Penrith
Every listing for sale near Penrith, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Penrith suburb FAQ
What is the median property price in Penrith?
The median unit price in Penrith, NSW is $625k for a 2-bedroom home. Over the past year, median sold prices have risen about 8.1%.
How much is rent in Penrith?
The median weekly rent in Penrith is around $600 per week.
Is Penrith a good place to live?
Penrith is a suburb in Outer Western Sydney, New South Wales, Australia. Penrith is an established residential suburb in NSW, with a population of around 17,966 and 4 schools in the area.
What is the population of Penrith?
Penrith has a population of 17,966 (ABS 2021 Census), with a median age of 36.
What schools are in Penrith?
There are 4 schools in or near Penrith, including Penrith Public School, Penrith South Public School and St Nicholas of Myra Primary School.
How long do homes take to sell in Penrith?
Properties in Penrith take around 28 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Penrith?
Entry-level properties in Penrith start around $430k, while premium homes reach $860k.
What suburbs are near Penrith?
Suburbs near Penrith include Cambridge Park, Cambridge Gardens, Kingswood, Werrington Downs and South Penrith.
Fresh to market
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