42 Gascoigne Street, Penrith NSW 2750

3 bed, 1 bath, north-facing | renovated single level | flat 395m² block | family pocket near schools and hospital This property presents a rare configuration edge in Penrith’s current market: a fully renovated, north-facing single-level house on a flat 395m² block with no flood, bushfire, or heritage overlays. The fresh paint and new timber-look flooring reduce immediate capital outlay for a buyer, while the separate toilet and two split-system air conditioners add practical comfort. It serves first home buyers seeking a move-in-ready home, investors targeting a 3.24% rental yield with high suburb growth of 5.3%, and downsizers wanting low-maintenance living. The proximity to St Dominics College (400m) and Penrith Selective High School (1.2km) strengthens family appeal, and the fully fenced backyard with rear garage access improves security and usability. The key risk is the single bathroom, which may limit resale appeal for families seeking multiple bathrooms, and the 1995 purchase price of $60.5k offers no recent transaction benchmark for pricing confidence. The Domain midpoint of $970k sits within a wide range ($830k–$1.11m), so a buyer should negotiate below midpoint given the bathroom constraint and 31-year ownership gap. The flat block and standard residential zoning allow future extension or granny flat potential, adding commercial logic for a buyer with longer hold horizon. Hold for capital growth or add a second bathroom to lift exit value.