OFF MARKET

23 Mcarthur Street
Penola SA 5277

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 153m2
Land area: 1496m2
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Property Details for 23 Mcarthur St, Penola

23 Mcarthur St, Penola is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1496m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1940
Floor Size
153m2
Land Size
1496m2
Local Government
Wattle Range
Lot/Plan
A302/F191674

Last Listing description (November 2024)

Karyn Prelc from Malseeds Real Estate is pleased to present for sale this fully renovated, four bedroom home in the thriving Historic town of Penola. Situated on the edge of the wonderful Coonawarra Wine District, Penola is a popular place for residential or holiday investments.

The new kitchen is truly the heart of the house, with a large "Belling" oven, gas cook top, dishwasher and walk-in pantry. This has direct access to the large open dining/living area.

Features include:

- Contemporary presentation combining the historical character of the house
- Electrical/plumbing upgrade
- R/C air conditioning & slow combustion wood heating
- Master bedroom with walk in wardrobe
- Rear rebuild, offering new structure with a 4th bedroom, modern laundry and spacious bathroom
- Huge amount of storage
- Established garden and rear orchard
- Various Shedding - see plan
- Established veggie garden
- Double car garage
- New large rainwater tank plumbed to the whole house
- Rear yard access

For price and inspection contact Karyn Prelc 0402 268 137

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Property History for 23 Mcarthur St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$370,000
09 Sep 2022
  • 09 Sep 2022
    Sold for $370,000
  • 12 Jul 2022
    Listed for Sale CONTACT AGENT
  • 20 Nov 2017
    Sold for $190,000
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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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