124 Church StreetPenola SA 5277
Property Details for 124 Church St, Penola
Last Listing description (January 2023)
Great opportunity to own this prize piece of real estate!!! Add to your Super Fund Investment Portfolio with this double allotment measuring approximately 3157m2 in size with improvements including shedding, office/ merchandising floor space/sales area and workable fuel tanks. Plenty of parking out the front for customers and out the back for machinery or vehicles. Great lease exists until 2026. The block is huge and has potential for more infrastructure and development. For more information please contact Jo O'Connor for details 0429 854 910
Property History for 124 Church St, Penola, SA 5277
- 01 Nov 2024Transferred
- 23 Jan 2023Sold for $360,000
- 14 Nov 2022Listed for Sale Expression of Interest ending 2pm 12/12/2022
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0About 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.
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