12/72-76 Union Road, Penrith NSW 2750
12/72-76 Union Road, Penrith NSW 2750
3-bed 2-bath 2-car apartment | CBD walkability | Double garage rare for unit stock | Family-sized layout in Penrith core | Built 1998, solid strata age
This unit stands out for its configuration rather than its age. A three-bedroom, two-bathroom apartment with a double garage is uncommon in Penrith’s CBD-edge market, where most complexes offer one or two-bedroom layouts with single parking. The extra space and secure parking make it genuinely functional for a small family or downsizers who want to keep a car—or two—without the maintenance of a house. Its central position near the station, Westfield, and dining means daily errands are walkable, which suits owner-occupiers prioritising convenience over quiet. The 1998 build is neither new nor tired; it sits comfortably between older stock and recent towers, offering a practical middle ground. This property serves buyers who want urban amenity without sacrificing room to move.
Value may be shaped by how the unit sits within the building—floor level, aspect, and natural light are not confirmed, and these often influence buyer willingness to pay more than the layout alone. The double garage adds tangible appeal, but its worth depends on how easily it is accessed and whether parking demand in the area is high. Rental potential near $635 per week suggests steady investor interest, though the final price will hinge on the unit’s internal condition and any strata levies tied to the complex’s age. A buyer should weigh the benefit of a larger footprint against the possibility that finishes or outlook are less polished than newer competitors nearby.
|| Comparable Sales: 16/72-76 Union Road sold $748,000 in Feb 2026; 7/72-76 Union Road estimated near $560,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Double garage, unit condition, floor level and aspect
Detailed Independent Property Report prepared by PropCred Analyst team for 12/72-76 Union Road, Penrith NSW 2750
Checks found:
Value Risk
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1
Liquidity Risk
✓
Planning Risk
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1
Income Risk
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1
Execution Risk
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1
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.
PropCred Estimated Value
Comparable Sales: 16/72-76 Union Road sold $748,000 in Feb 2026; 7/72-76 Union Road estimated near $560,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Double garage, unit condition, floor level and aspect
Bedrooms
3
Bathroom
2
Parking
2
Land
150m²
Other Properties to Compare in This Area
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