There are 90 real estate agents servicing Penrith and surrounds. In 2014 they sold 344 properties. We have analysed all these Penrith agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents
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Which Real Estat Agent is an Australian company (ACN 092 013 931) established in 2011. We provide professional, free services to property sellers Australia wide, with operations in Sydney & Melbourne.
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Real Estate Agents Penrith – 2012/13 Performance
Penrith Real Estate Agents sold 344 properties over the last 12 months (135 houses and 209 units). On average these 135 Penrith houses took 67 days to sell and were sold at an average discount of -7% from their initial listing price. Penrith units on average took 75 days to sell and were sold at an average discount of -5% from their initial listing price.
The best Penrith Real Estate Agents sell properties considerably better than these average figures. We detail who these Penrith agents are in our free report
Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 90 agents operating in the Penrith – West council area servicing the Penrith market and 34 agencies, vendors should only use those Penrith agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Penrith property.
With total house growth of 9% over the last five years Penrith agents have had a reasonably difficult market to contend with. Selling properties well in a slow market is much more difficult. Units have fared not as well growing at 8%. Growth in Penrith houses over the last year has been below the five year annual growth rate, coming in at -1% for houses (5yr average 2%) and below for units -2% (5yr average 2%).
Request your free report for the individual performance details of real estate agents in Penrith and the properties they have sold over the last couple of years.
With Penrith houses only selling on average every 10 years and units every 8 years, securing the best Penrith real estate agent to manage this infrequent transaction is crucial.
At the end of the day choosing the best Penrith real estate agent to sell your property can make years of difference to your personal financial situation.
Penrith is a suburb in Greater Western Sydney, in the state of New South Wales, Australia. Penrith is located 50 kilometres west of the Sydney central business district and is the administrative centre for the local government area of the City of Penrith. It lies east of the Nepean River.
Penrith is a commercial centre, designated a regional city under the NSW Metropolitan Strategy.
Penrith was named after the town of Penrith, England. However, Penrith comes from "Penrhyd" which is the Welsh Language for "Chief Ford / Hill Ford". How it got the name is unclear. One theory is that in the early days, development in Penrith was entirely on one road, like the English Penrith, and someone familiar with both spotted the similarity and suggested the name. The earliest known written reference to the name Penrith dates back to 1819.
Prior to the arrival of the Europeans, the Penrith area was home to the Mulgoa tribe of the Darug people. They lived in makeshift huts called gunyahs, hunted native animals such as kangaroos, fished in the Nepean River, and gathered local fruits and vegetables such as yams. They lived under an elaborate system of Law which had its origins in the Dreamtime. Most of the Mulgoa were killed by smallpox or galgala shortly after the arrival of the First Fleet in 1788. Early British explorers such as Watkin Tench described them as friendly, saying, "they bade us adieu, in unabated friendship and good humour".
Watkin Tench was the first British explorer to visit the area in 1789 and named the Nepean River after Lord Evan Nepean, under-secretary to the home department. Governor King began granting land in the area to settlers in 1804 with Captain Daniel Woodriff 's 1,000 acres on the banks of the river the first land grant in the area. In 1814, William Cox constructed a road across the Blue Mountains which passed through Woodriff's land at Penrith. Initial settlement in the area was unplanned but substantial enough for a courthouse to be established in 1817.
The post office was established in 1828, the Anglican church, St Stephens, was built in 1844 followed by the Catholic Church, St Nicholas of Myra, in 1850. Two other prominent Penrith pioneers were Irish-born Thomas Jamison , a member of the First Fleet and surgeon-general of New South Wales , and his son, the landowner, physician and constitutional reformer Sir John Jamison . In 1824, Sir John erected the colony's finest Georgian mansion, Regentville House, near Penrith, on a ridge overlooking the Nepean River. Sir John established an impressive agricultural estate at Regentville and became a Member of the New South Wales Legislative Council. His grave can be seen in St Stephen's graveyard. Regentville House burned down in 1868 but most of its stonework was salvaged and used for building projects in and around Penrith.
Another well-known early settler was Thomas Frost who arrived from Buckinghamshire in 1810. His wife Sarah had been baptised by Samuel Marsden and her brother, Robert Rope, was reputed to be the first European born in Australia. In a Petition to the governor of the colony, Sir Thomas Brisbane, on 13 October 1822, Thomas Frost declares that he is a Free Man and cultivates a farm on the Nepean River where he has a herd of 125 cattle. He mentions that the previous Governor, General Macquarie, was pleased to grant him, Thomas, a further 50 acres of land at Bathurst and he now craves the Governor's consent to drive cattle across the mountains to that property for pasturage. Frost's gravestone still stands in good condition in St. Stephen's Churchyard, Penrith.
The first bridge was opened over the Nepean in 1856 and was washed away the following year in a flood. The railway line was extended to Penrith in 1863, a school was established in 1865 and in 1871 the area became a municipality. It officially became a city in 1959.
Penrith is one of the major commercial centres in Greater Western Sydney. Penrith hosts a number of shopping complexes, the largest being Westfield Penrith, formerly known as Penrith Plaza. The shopping centre features over 300 stores ranging from department stores to specialty shops.
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