OFF MARKET

6 Mcpherson Street
Penola SA 5277

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 103m2
Land area: 609m2
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Property Details for 6 Mcpherson St, Penola

6 Mcpherson St, Penola is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 609m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1950
Floor Size
103m2
Land Size
609m2
Local Government
Wattle Range
Lot/Plan
A3/F33020

Last Listing description (September 2022)

This solid Mount Gambier stone duplex situated on an easy to maintain 600m2 is the ultimate investment opportunity.
The property has been recently refreshed with brand new kitchen and flooring throughout - making it an easy set and forget investment. The home offers three spacious bedrooms, a modern bathroom (with bath) and linen cupboard in the hallway. The North facing living room features reverse cycle air con and wood heating and extends to the brand new kitchen. The kitchen offers ample bench space, overhead cupboards, electric cooking and large pantry. A separate toilet and laundry can be found at the rear of the home.
Outside the property is fully fenced (ideal for pets) and features a double bay shed with concrete floor and power. A lean-to comes off the side of the shed to provide extra shelter and there is a rainwater tank fitted.

With a rental appraisal of $250 per week, get in quick before this one is snapped up!
This is an outstanding opportunity for someone wanting to break into the thriving property market. Whether you are an investor, first homeowner or retiree, call Mark on 0428 372 124 today to arrange your private inspection or for more information.

Property Code: 827

Property History for 6 Mcpherson St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$180,000
13 Sep 2022
Listed for Rent
$180/w
03 Nov 2017
  • 13 Sep 2022
    Sold for $180,000
  • 08 Jul 2022
    Listed for Sale $180,000
  • 26 Apr 2019
    Listed for Sale Not Disclosed
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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.