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NSW › Penrith › Nepean Ave

2/77 Nepean Ave, Penrith NSW 2750

For saleSemi-detached

$3,250,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

933 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,250,000(Listing record · 19 May 2026)
  • FactLand 933 m²; no building size recorded.(Property record)
  • CalculationAsk is 207% above the Penrith median recorded sale ($1,060,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Penrith's advertised median rent ($585/wk), implied gross yield would be 0.94% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$3,250,000

Asking · $3,483/m² of land

No recorded sale for this property.

Penrith at a glance

20,687

People

$1,060,000

Median sale

$585/wk

Median rent

2.87%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Penrith report →

Vs Penrith

+206.6%

Median sale

Suburb $1,060,000

-1.93 pp

Gross yield

Suburb 2.87%

Suburb median $1,060,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$3,250,000
Stamp Duty (New South Wales)
$160,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,414,629

$164,629 on top of the price (5.1% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Penrith's advertised median rent — not a rent for this listing.

Net yield
-0.56%
Annual cashflow (pre-tax)
$-187,330
Interest cover (DSCR)
-0.11
Annual rent
$30,420
Operating expenses
$48,750
Loan amount
$2,600,000
Annual interest
$169,000
Gross yield
0.94%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$3,250,000available19 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $585/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Penrith in one glance

Penrith at a glance

20,687

People

$1,060,000

Median sale

$585/wk

Median rent

2.87%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Penrith report →

Keep researching

  • Why Penrith? Read the area thesis →
  • What else is on the market in Penrith →
  • Other records on Nepean Ave →

Listing material

Listed by PRD Penrith

Deep Water Frontage. Three Levels of Considered Living.

Deep water frontage of this calibre rarely comes to market - and rarer still on Nepean Avenue, Penrith's most coveted address. This considered, three-level residence occupies one of the street's finest positions, with frontage to the Nepean River and an unhurried ten-minute walk into the heart of Penrith.

Set on 933sqm, the home reveals itself gradually, in the manner of a residence designed to be lived in rather than merely viewed. A private entry opens through a covered porch, flowing through to an open-plan kitchen and dining zone - before the home reveals its true showpiece at the northern end: a lounge of genuine scale, 9.8 by 4.2 metres, opening directly onto a covered deck and the river beyond. A fourth bedroom with its own ensuite and spa sits privately to one side of this level, ideal for extended family, live-in staff, or guests who value their independence. A double garage with internal access, remote panel-lift door and adjoining workshop completes the ground floor.

Upstairs, a light-filled gallery - 6.2 by 4.0 metres - serves as the home's second living zone, complete with its own kitchenette and opening onto a private balcony framed by river views. Three further bedrooms are arranged around it, including a main suite with its own ensuite and robe, serviced by a central bathroom finished with the same quiet attention to detail found throughout the home.

Read the full description

Below ground, a substantial cellar level extends the home's footprint further still. Currently a blank canvas, it is the kind of space recent renovation trends have made highly sought-after - a home theatre, a private gym, a work-from-home studio, or a temperature-controlled wine cellar built for serious collectors. Few homes in this pocket of Penrith offer a genuine third level, and fewer still offer one with this degree of flexibility.

Throughout, the home is fitted for comfort as much as presentation, with reverse-cycle ducted air conditioning, ducted vacuum and a full alarm system - the kind of considered inclusions that quietly separate a well-built home from an architecturally impressive one.

Outside, established gardens frame an in-ground pool and a series of deck and entertaining zones that step down toward true deep water - the kind of frontage that offers genuine river access, not merely a view of it. It is a rare, private vantage point to watch the river change light through the evening. From here, it is a short stroll to the growing dining and small bar precinct at Eastbank, direct access to the Great River Walk, and only minutes by car to Westfield Penrith, Nepean Hospital and Panthers.

This is a home built for a particular kind of buyer - one who understands that genuine deep water frontage on a substantial, established block, in this location, does not come to market often. Inspection is by private appointment.

At a Glance

• True deep water frontage to the Nepean River, on a substantial 933sqm block

• Three considered levels of living, including a versatile cellar level

• Formal entrance flowing to open-plan kitchen and dining, with a showpiece lounge (9.8m x 4.2m) opening onto the deck and river

• Five bedrooms including two with ensuites; ground-floor guest suite with private spa

• Upper-level gallery living zone (6.2m x 4.0m) with kitchenette/wet bar, opening to a private river-view balcony

• Expansive lower-level cellar suited to a home theatre, gym, studio or wine cellar

• Reverse-cycle ducted air conditioning, ducted vacuum and alarm system

• In-ground pool, established gardens and multiple entertaining decks

• Double garage with internal access, remote panel-lift door and adjoining workshop

• Walk to the Eastbank dining precinct and the Great River Walk; minutes to Westfield Penrith, Nepean Hospital and Panthers

Disclaimer: We have been furnished with the above information however, PRD Penrith, PRD Blue Mountains & PRD Glenmore Park gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Listing description written by Joe Masters, PRD Penrith — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Toilets: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.