44 Riddoch StreetPenola SA 5277
Property Details for 44 Riddoch St, Penola
44 Riddoch St, Penola is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1868. The property has a land size of 1593m2 and floor size of 420m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (March 2016)
We welcome to the market this very unique piece of real estate that boasts so much character and forms part of Penolas rich heritage.
In 1867 this beautiful building was constructed for the National Bank of Australia to serve as the first bank branch in town with an attached 2 story residence for the manager.
This property has been extensively renovated and transformed into a large home restoring a long list of original features that will most certainly impress anyone, particularly those with taste in fine architecture.
Up the red cedar staircase are the 3 bedrooms, bathroom, study and ballroom.
There are timber floors throughout most of the home, stunning cornice, several open fire places with either timber or marbled slate mantles.
Enjoy the luxury of an outdoor living area with curved pergola and timber decking and a games room or teenage retreat.
The original stable, wagon shed and tack room still stands and are a real feature of this property and there is a carport and caravan shelter.
This property is truly unique and provides an opportunity to secure such a rare parcel of real estate with historic value.
To arrange a private inspection, please contact Luke Duncan on 0418 853 021
Property Code: 404213043
Property History for 44 Riddoch St, Penola, SA 5277
- 09 Mar 2016Sold for $524,000
- 09 Sep 2015Listed for Sale UNDER CONTRACT
- 31 Mar 2009Transferred
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0About 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.
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