Question 1

Is Castlereagh a nice place to live?

Accepted Answer

Castlereagh is a semi-rural suburb in the Penrith region, defined by open paddocks, pockets of bushland and an agricultural character a world away from denser outer suburbs. Housing is low density, with acreage blocks, hobby farms, stables and a scattering of older cottages, so the pace is quiet and family-oriented. Couple families with children are the largest group at 50.6%, and about 82.2% of homes are owner-occupied.

Local services are limited, so residents typically travel to nearby centres for major shopping, schools and work and most households are car dependent. Community facilities include Castlereagh Hall, now repaired and restored, and Smith Park with the suburb’s war memorial and heritage markers. Planning is under way for design work on the local Rural Fire Service facility and for the Castlereagh Connection, a proposed north–south arterial link. Whether Castlereagh suits you depends on how much you value space, privacy and a rural outlook within reach of regional amenities.

Question 2

Is it expensive to live in Castlereagh?

Accepted Answer

For Castlereagh there haven't been enough recent sales or rentals to publish reliable house or unit price or rent figures. Without those figures, it isn't possible to describe how expensive it is to live here compared with local household incomes as recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Castlereagh a good place to invest?

Accepted Answer

Castlereagh hasn't had enough recent sales to put reliable figures on how prices or rents have moved over the past year. Without that, there isn't a clear picture of how it has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

Get a property report and suburb profile for any property in Castlereagh

Castlereagh suburb profile

Castlereagh property market performance

Castlereagh demographics

Suburbs near Castlereagh

Get a head start and compare top local agents in Castlereagh

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market