6 Gibson St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 761m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
First homeowners and investors will not be disappointed with this market starter representing excellent value at only $179,000.
Situated at the end of the street on a 750m2 corner allotment this block is surprisingly private. There are no neighbours to Northern side or to the rear, with an attractive outlook into grazing paddocks. Feel a world away while being only a short walk to the primary school and town centre.
This property has all the basics, done well, and maintained to a good standard. A modest home with a well-equipped kitchen and adjoining dining / living area. From here, glass sliding doors open onto the huge covered outdoor entertaining area The perfect spot to unwind at the end of the day and also store those items you want out of the weather. Also with direct access to the undercover space is the laundry, with adjoining toilet.
Off a central hall, there are 3 bedrooms, all carpeted and a nicely updated bathroom.
What else we love about this property;
- Fully fenced and secure yard - perfect for kids and pets.
- Single car pergola
- Garden shed
- Reverse cycle air conditioning
- Rainwater available.
Whether you are looking to invest (currently tenanted) or taking advantage of the governments generous housing grants currently available, there is lots to love about this property. Call Meg 0407 740 034 to arrange your private inspection now.
Property Code: 777
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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