Apartment & Unit

John Tipping Grove, Penrith NSW

John Tipping Grove is a modern two‑bedroom, two‑bathroom apartment located within the Solis by Astina development in Penrith. Positioned to deliver a premium lifestyle with sweeping views and quality finishes, the apartment offers an ideal blend of amenity, convenience, and growth potential.

purchase Price
$599,999
Purchase Date
August 2023
Sale type
Off the Plan
Client Type
Owner Occupier
Deposit
$59,999
Beds, Baths, Cars
2, 2, 1
$230,001
Equity Increase
33%
Total Capital Growth
1.66%
Monthly Capital Growth
5.20%
Rental Yield

Why This Property

This apartment ticks many of the boxes that discerning investors look for. It offers a desirable floorplan with two full bathrooms, a valuable feature for renters, and dedicated secure parking, features that elevate a unit above the average rental offering. The Solis development is marketed as aspirational, with high-end finishes and design intent, which helps attract quality tenants and maintain higher rental yields over time. According to data, similar 2-bedroom units in this complex have estimated values around $515,000 and show appreciation trends of approximately 3%. Moreover, the Penrith unit market median sits around $568,300, showing that this property is competitive and well positioned within the local landscape. The strong infrastructure, proximity to the Penrith CBD, access to shopping, transport, and views toward the Blue Mountains also contribute to both tenant appeal and long-term capital growth. With those fundamentals, this purchase provides both reliable income potential and upside exposure in a growth corridor.

About Penrith

Penrith, located in New South Wales, Australia, is a vibrant city nestled at the foot of the Blue Mountains, offering a picturesque environment with a blend of urban and natural landscapes. The area is known for its outdoor recreational opportunities, including the Nepean River and numerous parks, making it an attractive destination for nature enthusiasts. Penrith's strategic location and ongoing infrastructure developments present significant investment opportunities, particularly in real estate and commercial ventures. With a growing population and a focus on sustainable development, Penrith is poised for continued economic growth and offers a promising environment for investors.

Local Government Area

Todd Waugh

Buyers Agent
Director

Todd Waugh is a highly experienced and trusted Buyers Agent, known for his unwavering commitment to delivering smart, strategic property outcomes. With a calm and considered approach, Todd empowers his clients to make confident decisions across all stages of their property journey.

"Opal Property Advisory did a really good job at backing it up with research every time."

Nicky
Sydney Buyer

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Hayden
Sydney Buyer

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Hugh
Sydney Buyer

"They were there to bridge the gap between me, and the people I was working with."

Hamish Le Compte
Sydney Buyer

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