Beautifully presented 4 bedroom farmhouse with high ceilings throughout that has recently been renovated to a high standard, on a picturesque 23 acres within walking distance to the general store, school and station. Featuring great combination of both formal and informal living areas including lounge, dining and family/rumpus, as new Tassie Oak Kitchen with granite bench tops, island bench and both gas and slow combustion stoves, all bedrooms are double with BIW's, quality bathroom, slow combustion heating, mains and solar power, laundry/mud room, extra outside toilet, plus numerous outdoor improvements including detached triple garage with remote, fully screen outdoor BBQ room, 100,000 litre drinking water tank, two bores including one previously used for irrigation, stock yards with loading ramp, lock-up workshop and machinery sheds, operating cool room, chock and dog runs plus approximately 18 acres of very attractive level to gently undulating pasture improved grazing country, that is fully fenced and ready for stock.
The size of Penrose is approximately 46.3 square kilometres. It has 3 parks covering nearly 36.3% of total area. The population of Penrose in 2011 was 284 people. By 2016 the population was 262 showing a population decline of 7.7% in the area during that time. The predominant age group in Penrose is 60-69 years. Households in Penrose are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrose work in a professional occupation. In 2011, 76.5% of the homes in Penrose were owner-occupied compared with 78.4% in 2016.
Penrose has 189 properties. Over the last 5 years, Houses in Penrose have seen a 44.44% increase in median value, while Units have seen a -3.91% decrease. As at 31 July 2024:
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