SOLD
Sold on 27 Sep 2024 for $610,000

532 Kareela Road
Penrose NSW 2579

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1113m2
Sold By
First National Real Estate Moss Vale
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Property Details for 532 Kareela Rd, Penrose

532 Kareela Rd, Penrose is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1113m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Penrose in the last 12 months.

Building Type
House
Land Size
1113m2
Local Government
Wingecarribee
Lot/Plan
3/2/DP758838

Last Listing description (September 2024)

Perfectly positioned in the sought after village of Penrose this weatherboard cottage is comfortably set back and surrounded by an abundance of native flora and fauna.

Nestled amongst Australian natives on level low maintenance grounds the property enjoys a wonderful private feel while still being within a comfortable walk of the village general store and railway station.

- Elevated front verandah/entry

- Large open plan living area with an attractive aspect and garden outlook

- Spacious modern gas kitchen with rangehood and good cupboard space

- Above average double bedrooms with a peaceful garden outlook

- Well maintained fully tiled bathroom plus separate toilet

- Functional laundry/mudroom with rear entry

- Detached lock up garage/workshop plus attached carport

Prime location situated under 10 minutes from the Hume Highway, with Sydney and Canberra both less than a 2 hour drive away. Plus, you're just approximately 40 minutes from the bustling towns of Mittagong, Bowral, Moss Vale & Goulburn. Create your village lifestyle in the Southern Highlands best kept secret.

Property History for 532 Kareela Rd, Penrose, NSW 2579

A timeline of how this property has performed in the market
Last Sold
$610,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $610,000
  • 15 Aug 2024
    Listed for Sale Not Disclosed
  • 21 Sep 2006
    Sold for $80,000
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About Penrose 2579

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 105.87% increase in median value, while Units have seen a -3.91% decrease. As at 30 November 2024:

  • The median value for Houses in Penrose is $1,682,648 while the median value for Units is $554,309.
There are currently no properties listed for sale, and no properties listed for rent in Penrose on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Penrose.

Suburb Insights for Penrose 2579

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.