128 Kareela Avenue, Penrith NSW 2750
Technical details
How this sale compares
Sold for $700,000 in Jan 2025, up $200,000 (40%) on the $500,000 paid in May 2015. That is about 3.5% a year over 9.7 years.
Over the same period the median house price in Penrith rose 69%, from $650,500 in 2015 to $1,100,000 in 2025.
The 2025 sale was 36% below the Penrith median house price for that year ($1,100,000 across 139 sales).
Since then the median house price in Penrith has risen 1%, from $1,100,000 in 2025 to $1,115,500 over the last 12 months (106 sales).
Penrith medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Penrith sold prices by year.
Rent and yield
Houses in postcode 2750 rented for a median $650 a week, from 1,191 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $700,000 on 13 Jan 2025, that rent is a gross yield of 4.8% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Penrith.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 13 Jan 2025 | 14 Mar 2025 | $700,000 | - | - | - | 1/530972 |
| 11 May 2015 | 26 Jun 2015 | $500,000 | - | - | - | 1/530972 |
Title reference: 1/530972
Title reference: 1/530972
Recent sales on Kareela Avenue
Sold in the last two years.
- 117 Kareela Ave, Penrith 2750 $870,000 sold 25 May 2026, 658 m²
- 84 Kareela Avenue, Penrith 2750 $1,050,000 sold 5 Jun 2025, 645 m²
- 62 Kareela Avenue, Penrith 2750 $700,000 sold 9 Apr 2025, 771 m²
- 26 Kareela Avenue, Penrith 2750 $830,000 sold 19 Dec 2024, 771 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 6 Karuah Rd, Penrith 2750 $900,000 sold 4 Aug 2026, 696 m²
- 28 Cooper St, Penrith 2750 $1,060,000 sold 25 Jul 2026, 658 m²
- 8 Cudgee Rd, Penrith 2750 $802,000 sold 22 Jul 2026, 1,101 m²
- 36 Pelsart Ave, Penrith 2750 $1,050,000 sold 27 Jun 2026, 633 m²
- 77 Illawong Ave, Penrith 2750 $985,000 sold 20 May 2026, 727 m²
- 46 Pelsart Ave, Penrith 2750 $1,000,000 sold 28 Apr 2026, 625 m²
- 10 D Landy Ave, Penrith 2750 $900,000 sold 11 Apr 2026, 347 m²
- 47 Ceres St, Penrith 2750 $980,000 sold 4 Mar 2026, 626 m²