OFF MARKET

6 Neilson Street
Penola SA 5277

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 103m2
Land area: 770m2
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Property Details for 6 Neilson St, Penola

6 Neilson St, Penola is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 770m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1975
Floor Size
103m2
Land Size
770m2
Local Government
Wattle Range
Lot/Plan
A11/D7910

Last Listing description (October 2024)

Situated in quiet Neilson Street only a short stroll to all of Penola's fantastic amenities, this is the affordable opportunity you've been waiting for.

Currently tenanted for $330 per week, this is a fantastic investment opportunity but also ideal for a first home buyer or downsizer.

The home offers three carpeted good sized bedrooms, with built in robes in the master. The raked ceilings in the large lounge provide a welcoming feeling, further complemented by the neutral tones and slow combustion heating and air conditioning, providing comfort all year round. The combined kitchen and dining area have been recently revamped offering contemporary timber look flooring, white cabinetry and electric cooking.

The bathroom offers a bath and separate shower, and the toilet can be accessed off the laundry.

Outside, the property offers a double bay shed with concrete floor, large carport and a good sized yard with established trees all on a spacious 761m2 allotment.

Don't miss this opportunity to secure a neat investment property in the heart of Penola.

Call Karly Honner 0438 339 729 or Mark De Garis 0428 372 124 to arrange your private inspection

Property Code: 936

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Property History for 6 Neilson St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$185,000
08 Dec 2021
Listed for Rent
$250/w
14 Aug 2020
  • 24 Oct 2024
    Listed for Sale $310,000
  • 20 May 2024
    Listed for Sale $310,000
  • 08 Dec 2021
    Sold for $185,000
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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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