OFF MARKET

70 Kareela Road
Penrose NSW 2579

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 20000m2
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Property Details for 70 Kareela Rd, Penrose

Building Type
Land
Floor Size
130m2
Land Size
20000m2
Local Government
Wingecarribee
Lot/Plan
3/DP633863

Last Listing description (July 2016)

-Located on a no through country lane only three kilometres from the village, this 1990's brick and tile home is centrally positioned on 5 acres.
-Fully insulated and recently renovated, bright and breezy large open plan living with slow combustion heating
-Extensive covered outdoor living area with garden vistas

-Well appointed kitchen overlooks courtyard
-Spacious bedrooms with built-ins and adjoining bathroom -Potential to easily re-instate a third bedroom
-Established gardens with mature trees, raised vegie patch, fully caged orchard & perennial borders
-70,000 ltrs tank water, good quality bore and ring main. Large 3 bay lockable shed.
-Close to school, village, railway station, equestrian centre and the state forest trails.
-Only 8 kilometers to the M5 freeway via the Penrose State Forest .

Property History for 70 Kareela Rd, Penrose, NSW 2579

A timeline of how this property has performed in the market
Last Sold
$615,000
03 May 2016
  • 03 May 2016
    Sold for $615,000
  • 11 Feb 2016
    Listed for Sale $625,000
  • 17 Oct 2001
    Sold for $295,000

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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 44.44% increase in median value, while Units have seen a -3.91% decrease. As at 31 July 2024:

  • The median value for Houses in Penrose is $1,130,498 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.