OFF MARKET

2/5 Robe Road
Penola SA 5277

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 305m2
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Property Details for 2/5 Robe Rd, Penola

2/5 Robe Rd, Penola is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 305m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2012
Land Size
305m2
Local Government
Wattle Range
Lot/Plan
F2/C40281

Last Listing description (April 2018)

Looking to invest, downsize or make a start on your property journey? Malseed's has the pleasure of presenting this wonderful 2 bedroom unit in the picturesque township of Penola, the heart of the Coonawarra wine region.
Built in 2009, this neat and tidy stone property is in a group of three, all on separate titles, offering affordable and low maintenance living. It is a perfect opportunity for a retiring couple or young professional working nearby.
Greeted upon entry by a large open plan living, dining and kitchen space, this property is surprisingly spacious. The tiled kitchen comes with electric cooking and a huge amount of storage, with quality carpets and r/c heating and cooling in the ample lounge room - keep extra warm during the cold winter months with in-floor heating included.

Both bedrooms are carpeted with built in robes in the master, and a large built in bookcase in bedroom two which is currently used as a home office.
A fantastic use of space in the wet areas with combined bathroom and laundry, offering plenty of storage, a large vanity and built in shelf for the washer/dryer. The property is serviced by an instant gas hot water system.
Outside features low maintenance yards with a concreted sitting area at the rear, single carport and garden shed storage.
For the investor, units 1 & 3 are currently tenanted and also available to purchase - to arrange your inspection or for further information, give Alistair a call today.

Property History for 2/5 Robe Rd, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$165,000
19 Aug 2022
  • 19 Aug 2022
    Sold for $165,000
  • 05 Jul 2019
    Listed for Sale Not Disclosed
  • 05 Apr 2019
    Listed 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 1,237 properties. Over the last 5 years, Houses in Penola have seen a 103.96% increase in median value, while Units have seen a 46.66% increase. As at 30 September 2024:

  • The median value for Houses in Penola is $378,781 while the median value for Units is $253,138.
  • Houses have a median rent of $260.
There are currently 4 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 59 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.