Back 191 Richmond Road
Off Market

191 Richmond Road

Penrith NSW 2750

3
1
1
991 m²
House
Last sold for $820,000
Joey LustriJoey Lustri, last sold this property on 02 September 2025 after 179 days on market.

Overview

SOLD PRIOR TO AUCTION

Nestled on a generous 991m² block, this property presents a fantastic opportunity for developers, investors or families seeking a spacious home with the potential for future growth. Featuring a 3-bedroom, 1-bathroom residence and R2 Low Density Residential zoning, this is a rare find in a desirable location. Key Features: Large Block: Expansive 999m² site offering plenty of room for future development or creating your ideal family home. 3-Bedroom Home: Comfortable 3-bedroom, 1-bathroom property, perfect for immediate occupancy or rental while you plan your next move. R2 Zoning: R2 Low Density Residential zoning opens the door for a variety of development possibilities, including single dwellings, dual occupancies or even townhouse projects (subject to council approval). Location: Conveniently located close to local schools, parks, shops and public transport, offering excellent connectivity and lifestyle amenities. Development Potential: With R2 zoning and a large land size, this property presents significant potential for capital growth in a rapidly developing area. Whether you're looking to secure a spacious home with room to grow or have development plans in mind, this property offers great value and versatility. Don't miss out on this prime opportunity! DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
991 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Penrith over the last 12 months, the estimated median property value of 191 Richmond Road is $1.04m.

Median value
$1.04m
Estimated value range
$810k - $3.1m
Median days on market
23
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penrith. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 191 Richmond Road

2025
Sold
$820,000
Sold Before Auction on 02 Sep 2025 by Joey Lustri, of Aitken RE

Happy sellers in Penrith

90%
90% of sellers in Penrith reported that their sale price either exceeded or met their price expectations.

Penrith stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 77 reviews in Penrith over the last 12 months.

Local market activity for 3 bedroom houses in Penrith

In the last 12 months, 63 three-bedroom houses similar to 191 Richmond Road, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

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