OFF MARKET

16 Riddoch Street
Penola SA 5277

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 207m2
Land area: 988m2
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Last updated 11 Nov 2024
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Property Details for 16 Riddoch St, Penola

16 Riddoch St, Penola is a 4 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 988m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2022
Floor Size
207m2
Land Size
988m2
Local Government
Wattle Range
Lot/Plan
A23/D4929

Last Listing description (June 2022)

Centrally located in a quiet residential area, just a short stroll to the first class amenities in Penola, is this super, level allotment of approximately 996m2.
You can build your dream home and never need to drive your caar again if you buy this quality block. This would also be ideal to build an investment property or two (STCC). The block has a concrete slab suitable for a shed and power is available, as is water. Start drawing those house plans up now!!

Property History for 16 Riddoch St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$80,000
24 Feb 2021
  • 24 Feb 2021
    Sold for $80,000
  • 28 Jan 2021
    Listed for Sale $80,000
  • 16 Aug 2019
    Listed for Sale $85,000
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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.

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