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.
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.
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:
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