NSW Registered Law Firm, LEAD Conveyancing

s149 / s10.7s + Lawyer included in fixed fee
Get a FREE quote prepared by Trinh Thai LLB

Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

1. Send us a copy of the contract & when you’ll make an offer
2. Tell us when you’d like to settle on the property
3. We’ll achieve a satisfactory outcome for you

1. Send us a copy of the contract or instruct us to draft it
2. Tell us more about the property you’re selling
3. We’ll achieve an on-time settlement for you

1. Let us know what you are proposing to do
2. We'll review the contract & s10.7 looking for red-flags
3. We’ll suggest changes & special conditions in the contract to protect your interest

Penrith is a middle-income community located in Greater Western Sydney. About 47.2% of houses here are private dwellings. 28.5% are semi-detached, while 23.8% are flats, units, or apartments. As of the time of publishing this review, Penrith has 87 properties that are available for rent. It also has 118 properties for sale. Rental houses range in price from $350 per week for 2 bedroom houses and  $420 per week for 3 bedroom houses on average. A 4 bedroom house in this city costs $525 per week on average.

The price range of rental units is quite different. 1 bedroom unit in Penrith costs $370 per week. 2 bedroom units have a rent price of $400 per week, while 3 bedroom units cost $420 per week. Houses in Penrith sell at a different price range. 2 bedroom houses cost $550,000, while 3 bedroom houses may cost as much as $702,500. As for 4 bedroom houses, be prepared to pay as much as $787,499. When it comes to the price for housing units, they are much lower. A single bedroom unit costs an average of $400,000. 2 bedroom units average $440,000, while 3 bedroom units may hit the $565,000 range. The average discount rate for sold properties in this city is -3.37%. 

Also note that about 27.33% of people in Penrith live in rental properties. This is against the 40.7% of owner-occupied homes. The average household in Penrith are couples with children and likely to pay a median mortgage payment of $1,733 per month. The predominant age range in this city is 30 – 39 years. People in the age range of 65 years and older constitute 17.5% of the population. 

The median rent price of houses in the last 12 months in Penrith is $420 per week. For rental houses, the median gross yield per annum stands at 2.9%. For units, the median rent price is $390 per week, and the median gross yield is 4.2%. 

The median sale price for units in Penrith is $425,000. For the last 12 months, the median price change for units stands at 3.65%. Furthermore, the median sale price is $735,000, but the median price change for last year was 7.29% and 3.71% for the last quarter. 

• The median household weekly income is $1,142 as compared to the national median of $1,438
• Properties in Penrith are of average up to 419 visits per year
• The average number of days to sell a house in Penrith is 69 days

Conveyancing is very important when buying a property in Penrith. This is to ensure that all the i's are dotted and all the t's are crossed. Conveyancing is simply the process in which the ownership of a property is transferred from the seller to the new owner. This process usually requires a lot of paperwork and can be tiring for an average buyer with limited experience in real estate deals. If you do not know how to navigate the entire process, it can take you several weeks to complete.

Moreover, mistakes may be made, which will cost you more time and resources. To save yourself the stress, ensure that you only hire experienced conveyance experts to handle the process for you. You can save time by hiring the services of conveyancers.

Penrith is located in Western Sydney, New South Wales. This city is 55 kilometers (31 miles) west of Sydney's central business district and 50 kilometers (31 miles) east of Katoomba. According to the Census of Population and Housing, Penrith has a land area of 4.8 square miles and a population of 13,295. Being a commercial centre in Greater Western Sydney, Penrith has two large shopping centers. 

The city of Penrith was established in 1815 and situated on the banks of the Nepean River. Before  European occupation, Penrith was inhabited by the Darug people who lived in makeshift huts and gathered yams, fruit, and vegetables as food. Records also show that they hunted kangaroos and fished in the Nepean River. However, a lot has changed over the last 100 years.

Penrith has a campus of the University of Western Sydney and also many public primary and high schools. The major form of transport is by train and is served by a bus interchange. In terms of population, 5% of the people living in Penrith are Aboriginal and Torres Strait Islander people. 68% of people residing in this city were born in Australia, while 3.8% were born in England. People born in India and New Zealand make up 2.5% and 1.9% of the inhabitants of this city.

• Penrith sits at an elevation of 105ft above sea level
• This city has a few heritage-listed sites, including the Victoria Bridge and Craithes House
• The Elite Fight Gym established by UFC fighter James Te-Huna is located in Penrith.

Penrith is a wonderful city to live in or visit. There are several top attractions and numerous things to spend your time doing. One of such places is the Museum of Fire. This is Australia's leading Fire Museum & Fire Collectibles Shop. A visit to this place is best for people who aspire to be firemen or appreciate the remarkable sacrifices of firefighters. At the museum, there is so much to learn about fires, the machineries used, and the history of Penrith's famous firefighters. 

The Rock Lookout is another fun spot to visit. Located in the historic Mulgoa Valley, this place offers amazing views of the Nepean River and the Blue mountains. You can also explore the Nepean River in Penrith and spend some time walking along the well-constructed pathway that offers you a great view of the river. There are also resting places along the path.

For the shopaholics, there are a variety of shops at the Westfield Penrith. If you love to eat out, you are at liberty to make your choice from among the numerous restaurants close to Westfield. There are Japanese, Italian, and German restaurants at Westfield. Other local attractions in Penrith include: 

• Muru Mittigar Aboriginal Cultural & Education Centre where you can have an authentic Australian Indigenous cultural experience
• Sydney International Regatta Centre
• Penrith Museum of Printing
• Nepean Naval & Maritime Museum