OFF MARKET

29 Portland Street
Penola SA 5277

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 206m2
Land area: 1897m2
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Property Details for 29 Portland St, Penola

29 Portland St, Penola is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 1897m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in July 2008.

Building Type
House
Year Built
1900
Floor Size
206m2
Land Size
1897m2
Local Government
Wattle Range
Lot/Plan
A241/F191613

Last Listing description (June 2008)

INVESTOR POTENTIAL
POTENTIAL - LOCATION - OPPORTUNITY
A FANTASTIC BLOCK THAT MEASURES APPROXIMATELY 1897M2 AND IS READY TO BE DEVELOPED. THE PROPERTY IS PERFECTLY LOCATED ON A SOUGHT AFTER STREET IN THE CENTRE OF TOWN - CLOSE TO EVERYTHING THAT PENOLA HAS TO OFFER.

WHILST YOU ARE DRAWING UP PLANS FOR YOUR UNITS OR TOWN HOUSES (STCC) YOU CAN BE COLLECTING RENT FROM THE EXISTING 3 BEDROOM COTTAGE.
SO, EITHER LIVE IN THE COTTAGE OR RESIDE THEIR WHILST ADDING TO YOUR PORTFOLIO OUT THE BACK!!!!
THE TIMBER FRAME COTTAGE CONSISTS OF 3 BEDROOMS - 2 OF GOOD SIZE & THE 3RD HAS TIMBER FLOORS & COULD BE USED AS AN OFFICE, OPEN PLAN KITCHEN / DINING / LOUNGE AREA, THE KITCHEN HAS TIMBER CUPBOARDS & NEAR NEW BENCH TOPS & ELECTRIC STOVE, THE LOUNGE HAS REVERSE CYCLE AIR CON. & S/C HEATING, TILED BATHROOM WITH SEPARATE SHOWER & BATH, GOOD SIZED LAUNDRY, GABLED CARPORT COVERED IN SHADE CLOTH - ALSO GREAT FOR ENTERTAINING AND NUMEROUS SHEDS.
INSPECT TODAY TO SEE THE POTENTIAL OF THIS PROPERTY.

Property History for 29 Portland St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$181,000
31 Jul 2008
  • 31 Jul 2008
    Sold for $181,000
  • 05 Jun 2008
    Listed for Sale 180000
  • 19 Jul 2006
    Sold for $90,000

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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.

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.