OFF MARKET

34 Riddoch Street
Penola SA 5277

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 218m2
Land area: 559m2
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Last updated 18 Nov 2024
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Property Details for 34 Riddoch St, Penola

34 Riddoch St, Penola is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1883. The property has a land size of 559m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
House
Year Built
1883
Floor Size
218m2
Land Size
559m2
Local Government
Wattle Range
Lot/Plan
A6/D233

Last Listing description (August 2018)

Situated on Riddoch street, only one minute walk from the Church street retail outlets, this is a rare property which could be transformed into a large family home or dual investment opportunity.
The building is a character-filled white weatherboard period style building which has been split to provide two separate accommodation offerings.
One area is a neat one bedroom unit with bathroom/laundry, kitchenette, dining/lounge and one large bedroom.

The other area is a large four bedroom unit with renovated kitchen and bathroom.
Live in one, and lease the other? Turn both spaces into holiday accommodation? The possibilities are endless!
Contact Mark or Tom today to arrange an inspection.
Property Code: 571

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Property History for 34 Riddoch St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$55,000
03 May 2002
  • 13 Mar 2018
    Listed for Sale $160,000
  • 03 May 2002
    Sold for $55,000
  • 20 Apr 1994
    Sold for $27,500

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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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