Penrith is a city of growth. Government funded $3.6 billions infrastructure to improve roads, Motorways and public transport to reduce congestion, creating more employment opportunities and building a vibrant future.
Strong annual capital growth of 14.71% for the last 12 months
High housing demand. 645 Internet visits per property
Low vacancy rate of 1 %
60,000 New jobs by 2041.
Over 1,000,000 population growth, over 50,000 new jobs in 2031. More employment opportunities, more housing needs.
Upgrade Penrith Station to provide a better commuter experience and increase capacity for future growth. Express trains take only 23 minutes to Parramatta, and 49 minutes to the Sydney CBD.
The existing Commuter Car Park provides over 1000 free parking spaces. To make it easier for the locals to use public transport, around 350 new commuter spaces will be added.
Government investment to improve roads, Motorways, buses and rails to reduce congestion, so that you can spend less time in traffic and have a better quality of life.
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