The city of Penrith is located in New South Wales, Australia, 55 kilometers (31 miles) west of Sydney. It is situated on the banks of the Nepean River, on the edge of Cumberland Plain.
There are numerous suburbs surrounding Penrith. Penrith itself is generally a built-up area. There are units on both sides of the rail line, both north and south of the city. In addition to these areas, the Kingswood area is a great investment because of its high yield and proximity to the university, hospital and CBD.
You can choose from a variety of suburbs for owner-occupiers depending on your budget and lifestyle preferences. If you are looking for acreage, you have many choices. Castlereagh, Mulgoa, Orchard Hills, and North Cranebrook are all cheaper but still fine. Llandilo, Wallacia and Silverdale are also good options. Popular residential picks include riverfront properties on Nepean avenue in Penrith, or anywhere in the Ladbury/Nepean pocket. River road Emu Plains also has some prime properties.
Emu Plains, Leonay, Laustone, Glenbrook, Mulgoa, South Penrith, Jamisontown, have a nice village feel and have a good variety of housing.