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Agent Fees & Marketing Costs

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Property Value Estimate

A current estimated value of your Penrith property, before talking to the experts.

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List of Top Penrith Real Estate Agents

There is a huge difference between good and bad agents.

The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Penrith below, so you can see what kind of difference an experienced agent makes.

In the past 12 months, Penrith real estate agents have sold 370 properties. Houses in Penrith spent 21 days on the market before selling and apartments 26 days. Most properties sold were units.

We have prepared a shortlist of agents operating in Penrith, but the agents on this list may not suit your style of property. Individual agent performance can vary significantly, even if the agents share the same agencies or office.

Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.

Which Real Estate Agent's Best Penrith Agents

Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.

To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.

Properties Sold

370

(12 Months to Apr 2024)
Different Agents Used

51

(Apr 2024)
Different Agencies Used

22

(Apr 2024)

A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. houses within a certain area, price bracket, and a ranking within their agency. We do everything we can to identify these agents for you.

We've crunched the numbers on properties sold in Penrith and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.

Penrith Agents That Sell For Higher Prices

Suburb Avg.
$621,789
Top 3 Agents
$832,111

Top agents achieved 1.3x higher prices than the suburb average.

Skilled real estate agents can increase the value of your Penrith property through negotiation and driving competition among buyers. With strong negotiation skills and connections within the Penrith real estate field, they often deliver more than other real estate agents can.

Penrith Agents That Sell Faster

Suburb Avg.
50 Days
Top 3 Agents
43 Days

The top 3 agents in Penrith sell 1.2x faster than the suburb average.

Find an agent that can create an advertising strategy specially crafted for your Penrith property. Additionally, the agent with a strong list of potential buyers can prospect and negotiate a sale early in the campaign.

Penrith Agents With The Most Experience

Suburb Avg.
1
Top 3 Agents
3

Top agents achieved 3.0x more sales than the suburb average.

Top real estate agents in Penrith do not usually handle properties in just Penrith but also nearby suburbs that might not have similar property markets to Penrith. You need a top agent who has a core focus on selling property similar to yours in Penrith. Doing this will ensure that your property will sell for a better price and faster.

Why Use Us

Our service is 100% free and no obligation to you.

We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.

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What To Pay Your Penrith Agent

The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.

An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Penrith area from our agent comparison tool to sell confidently.

Penrith is one of the more affordable suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Penrith average around 2%.

The commission rate in Penrith is on average lower than most other suburbs in Australia, which means you get to keep some more of your profit compared to sellers in other areas. Don’t forget that you can still negotiate a better rate with your agent, or how much goes into advertising.

2%
Penrith Average Commission Rate
~2.1%
National Average Commission Rate

Use the real estate agent fee calculator below to determine how much it may cost to sell your property in New South Wales. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.

$0.00

Estimated Agent Commission

More Information

The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.

Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.

The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.

Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.

There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.

However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.

Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.

Frequently Asked Questions

SHOULD I SELL MY HOUSE IN Penrith IN 2024?

According to our data, you may want to consider selling your Penrith property in 2024.

The average apartments and units growth in Penrith has risen to 1.5% over the past 10 years. The increase in property values has led to an appreciating market where selling your property is generally easier and buyers are generally more competitive.

Price growth for Penrith houses over the last year has been above the ten year annual growth rate, coming in at 13.3% for houses (compared to the 10 year average, 5.0%).

Units/apartment values over the past 12 months in Penrith have grown higher for 8.4%, compared to the 10 year average, 1.5%.

To find out how to sell your house and to find the best agent, click here.

WHAT IS MY HOUSE PRICE ESTIMATE?

There are several variables that can affect property values in Penrith. To accurately estimate the value of your Penrith property, these variables need to be taken into account.

One example of a variable that affects your house price is proximity to local area amenities.

Proximity to Penrith local amenities is something that rarely changes. If your property is within walking/driving distance to Penrith amenities/shopping areas/schools/restaurants, your property value estimation tends to be higher.

Proximity to amenities should be taken into account when estimating property values, along with distance to city areas, property type, condition of the property and more.

Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.

WHAT ARE THE STEPS TO SELLING MY Penrith HOUSE?

There’s a lot to think about when selling your Penrith property, and a lot of it happens before signing up with an agent.

Initially, you should look at the Penrith property market and see if the conditions are right. Get an idea of how much your property is valued in the present day, starting with an independent property value report. Then you will want to contact and interview multiple agents (ideally around 3) and discuss selling methods, advertising and fees.

Make sure you are sure about selling, and are realistic about your property’s value when talking to agents. A mistake here could cost you. The best way to avoid costly missteps and get a good price is to sign up with a strong local real estate agent that can walk you through the whole selling process in an honest way.

If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.

HOW DO I FIND THE BEST REAL ESTATE AGENT IN Penrith?

To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.

Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.

Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in Penrith by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.

HOW COULD THIS SERVICE BE FREE?

If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.

This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.

IS YOUR AGENT ANALYSIS BIASED IN ANY WAY?

No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.

Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.

In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.

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Penrith Suburb Overview

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.

Penrith Railway Station is a major railway station on the Western Line of the CityRail network. It has frequent services to and from the City and is also a minor stop on the intercity Blue Mountains Line.

Penrith railway station has its own bus interchange . Penrith is also served by Nightride Bus route 70.

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