33 Riddoch St, Penola is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1850. The property has a land size of 934m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
This beautiful and historic stone property is situated in the heart of Penola. It is currently a lovely home - but could also lend itself to a bed and breakfast opportunity for the astute business person.
The original stone cottage was built in the 1860's for Donald McDonald, who was the local publican, to separate his private life from his business life. In the 1930's - after undergoing extensive renovations - the home became a private hospital and was named "St Heliers" - before eventually being divided into flats to accommodate emigrant Catholic families.
The present owner purchased the home in 1985, but now believes it is time for a new owner to breath new life into this historic property.
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:
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