1/18 Queen StreetPenola SA 5277
Property Details for 1/18 Queen St, Penola
1/18 Queen St, Penola is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 934m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (December 2020)
This is an excellent opportunity to purchase a real investment in the heart of Penola.
The complex is situated on the quiet Queen street, and offer four, two bedroom units - All have recently been renovated.
Each unit features a small kitchenette, lounge, laundry/bathroom and rear area with clothes line. The front also has a small undercover area with plenty of on and off street parking available.
This property offers the potential of great income either as a permanent rental space or holiday accommodation.
Contact Meg or Karly to arrange an inspection.
Property Code: 572
Property History for 1/18 Queen St, Penola, SA 5277
- 30 Dec 2020Sold for $300,000
- 03 Jul 2019Listed for Sale $340,000
- 11 Feb 2019Listed for Rent $200 / week
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About Penola 5277
The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of total area. The population of Penola in 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 years. Households in Penola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penola work in a labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016.
Penola has 1,240 properties. Over the last 5 years, Houses in Penola have seen a 93.48% increase in median value, while Units have seen a 46.50% increase. As at 31 October 2024:
- The median value for Houses in Penola is $376,499 while the median value for Units is $262,412.
- Houses have a median rent of $260.
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