1/5 Robe RoadPenola SA 5277
Property Details for 1/5 Robe Rd, Penola
1/5 Robe Rd, Penola is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 368m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (May 2019)
An exceptional investment opportunity with these executive units in a great location.
The units are of solid construction & are immaculately presented & superbly designed.
Unit 3 (the back unit) has 2 bedrooms - main bedroom has b.i.r s, open plan kitchen/dining/lounge area, the modern kitchen has elec. oven & gas hot plates, r/c air con., large 2 way bathroom, carport/breezeway or entertaining area, garage with concrete floor & lights & paved backyard. The unit is currently tenanted at $170 per week.
The units are of solid stone construction and have own Strata Title. So many options with these fabulous units! You can live in one enjoying the low maintenance living and rent out the others or you can buy just one for $185,000 and enjoy all of the hard work or you can buy all three for $540,000 and sit back and collect the rent!!
Property History for 1/5 Robe Rd, Penola, SA 5277
- 23 Nov 2020Sold for $170,000
- 02 Sep 2016Listed for Rent - Price not available
- 21 Mar 2016Listed for Sale Not Disclosed
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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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