SOLD
Sold on 23 May 2024 for $725,000

118 Church Street
Penola SA 5277

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2108m2
Sold By
Ottoson Partners Real Estate Pty Ltd
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Property Details for 118 Church St, Penola

Building Type
Commercial
Year Built
1900
Land Size
2108m2
Local Government
Wattle Range
Lot/Plan
A6/F112753

Last Listing description (November 2021)

Take advantage of this substantial allotment, right in the heart of Penola. Available as a whole or can be purchased separately by negotiation.

Approximately 3161m2 of prime land.


The land comprises a historical building, built in 1870, with separate bathroom/laundry room. The rest is vacant land, with a vision to build your dream home.

Motivated vendor!

Property History for 118 Church St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$725,000
23 May 2024
  • 23 May 2024
    Sold for $725,000
  • 26 Oct 2021
    Listed for Sale $150,000
  • 02 Aug 2021
    Sold for $625,000

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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 1,241 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:

  • 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.
There are currently 5 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Penola.

Suburb Insights for Penola 5277

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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.