1 Gibson St, Penola is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 935m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Situated on a 958 square metre allotment 1 Gibson Street is a solid stone house ready to add your touch to make it your dream home. The location is ideal - situated on a quiet street, yet within minutes to the Penola Primary School, Childcare centre and all off Penola's main street amenities. The solid stone property has so many features to love. The current owners have made this a true home with many upgrades and additions. The property consists of 3 bedrooms all with built-in robes, a lounge, and single bathroom. The kitchen is well appointed with top-of-the-line appliances and this leads through to the laundry.
The kitchen looks out over the spacious outside entertaining area which features all weather blinds and great views of the expansive backyard. The yard offers ample rainwater storage, established fruit trees and a timber workshop which has been only recently completed. There is also a large carport area off the side of the house. Added to the property is a large 4kw solar system and the added cost saving of a solar hot water service. Overall the added extras that this property has makes it good value.
Contact Mark De Garis for an inspection today.
Property Code: 834
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 1,241 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:
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