11/282 High Street, Penrith NSW 2750
11/282 High Street, Penrith NSW 2750
2-bed CBD unit | solid rental demand | mid-density complex | investor-friendly format
This apartment sits squarely within Penrith’s core apartment market, where 2-bedroom, 1-bathroom, 1-car configurations are the most liquid and widely sought format. The building is established, not new, which means the layout and floor plan are likely practical and proven rather than experimental. For an investor, the rental history and yield signals point to consistent occupancy and manageable turnover. For a first-home buyer or downsizer, the configuration offers low maintenance and strong walkability to transport, retail, and employment hubs. It is not premium or scarce product, but it is dependable and marketable.
Value may be influenced by the unit’s floor level, aspect, and condition, none of which are confirmed. A higher floor with better light or reduced street noise could justify a premium, while a lower floor facing High Street might trade at a discount. The building’s mixed-use surroundings add convenience but also bring traffic and less privacy. Renovation potential is limited to cosmetic updates, and any capital growth is likely tied to broader Penrith CBD demand rather than unique property features.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/282 High Street, Penrith NSW 2750
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Penrith, a key Western Sydney residential and commercial hub draws families, first-home buyers, and investors. Families target houses at a $1.1M median, while first-home buyers and downsizers favour units near $590K, supported by a 41.4% strata share. House prices rose 13.9-15.6% annually to $1.075-1.1M; units grew 4.3-5.7% to $595-600K. Houses sell in 22 days indicating tight supply. Rents for houses reach $620 weekly, units $580, with unit yields up to 4.9%. Future infrastructure and connectivity investments underpin growth, while a 10-year CAGR of 2.2% suggests stable long-term appreciation.
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PropCred Estimated Value
Comparable Sales: Unit 13/282 High Street sold $480,000; Unit 30/282 High Street sold $420,000 | Property Price Band: $420,000–$520,000 | Value Drivers: floor level, condition, aspect, rental yield
Bedrooms
2
Bathroom
1
Parking
1
Land
100m²
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