Penrith
Margaret Drive · D03 · Rest of central region · Apartment
The median sale at Penrith was $2,295,000 — $2,794 psf — across 459 transactions between Oct 2025 and Oct 2026. 99-year lease from 2024.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
The median moved up 5 per cent a square foot between 2025 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2025448 sales$2792
- 202611 sales$2927
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2025 | $2,316,000 | $2,792 psf | 448 |
| 2026 | $1,796,000 | $2,927 psf | 11 |
Other developments in D03
- Stirling Residences · $2,315 psf
- Promenade Peak · $2,948 psf
- Zyon Grand · $3,052 psf
- Avenue South Residence · $2,306 psf
- Commonwealth Towers · $2,131 psf
- Queens Peak · $2,179 psf
- Echelon · $2,143 psf
- The Crest · $1,962 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.