Back 54 Penrose Crescent
Off Market

54 Penrose Crescent

South Penrith NSW 2750

4
1
3
584 m²
House
Last sold for $1,200,000
David LipmanDavid Lipman, last sold this property on 25 October 2025 after 71 days on market.

Overview

Corner Block, Dual Income Potential

This property has been in the family for 65 years and never before sold. There is so much potential for developers and investors, being a corner block on 584sqm land, R2 zoning, suitable for dual income from a granny flat (STCA). There is a partially renovated 3 bed house with 3 living areas plus a studio and workshop, with a carport and driveway for 3 cars, not to mention being able to fit 10 cars on the street! Located in the blue ribbon suburb of South Penrith, close to schools, shops, parks and transport, in a quiet, tree-lined street, not to mention 20km from the new 2nd airport. - The whole single storey house is partially renovated, fully fenced and ready to move in, freshly painted throughout, restored roof, new plush carpet throughout, ducted air con and ceiling fans throughout and new LED lighting - Three generously proportioned bedrooms, each with brand new built-in wardrobes, freshly painted, new carpet, ceiling fans, ducted air con, some rooms with plantation shutters - Timber kitchen with ample bench space, electric cooktop, oven, serving window to the sunroom flowing to the sunlit backyard - Original bathroom with separate bathtub and shower with period stain glass skylight - Separate dining area and formal lounge room with gas heater, both with wall units included - Landscaped gardens and covered outdoor entertaining area, perfect for hosting gatherings of friends and family - External laundry with 2nd toilet. NBN to both the house and studio - Large workshop and studio with new flooring, perfect for a teenager's retreat, tinkering with collectibles, perfecting your crafts or install a kitchen and bathroom to generate dual income (STCA) - Tandem carport for 2 cars plus additional driveway parking Located moments away from Penrith South Public School (350m), down the road from Jamison High School (2.1km) and with Southlands Shopping Centre and Nepean Village just 1.8km away, makes this property central to all the amenities you could need. What's more is Penrith Train Station and Westfield are only 2.3km away, with Nepean Hospital (1.3km) away and Western Sydney International Airport only 20km away with the bus stop just 95m from the property. Outgoings: Water Rates: $170 p/q approx. Council Rates: $405 p/q approx.

Features

4 bedrooms
1 bathroom
3 carspaces
2 carport spaces
1 open car space
584 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in South Penrith over the last 12 months, the estimated median property value of 54 Penrose Crescent is $1.18m.

Median value
$1.18m
Estimated value range
$807k - $1.5m
Median days on market
20
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South 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 54 Penrose Crescent

2026
Rented
Undisclosed
Leased on 31 Jan 2026 by Morton | Penrith
2025
Sold
$1,200,000
25 Oct 2025 by David Lipman, of Morton | Penrith

Happy sellers in South Penrith

92%
92% of sellers in South Penrith reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in South Penrith over the last 12 months.

Local market activity for 4 bedroom houses in South Penrith

In the last 12 months, 37 four-bedroom houses similar to 54 Penrose Crescent, have been sold.

This represents a 34% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Penrith

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent