FOR SALE

7 Gibson Street
Penola SA 5277

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 104m2
Land area: 1014m2
This property is currently on the market
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Property Details for 7 Gibson St, Penola

7 Gibson St, Penola is a 4 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1014m2 and floor size of 104m2.This Property is currently listed for sale with Malseeds Real Estate

Building Type
House
Year Built
1950
Floor Size
104m2
Land Size
1014m2
Local Government
Wattle Range
Lot/Plan
A10/D4929

Last Listing description (February 2025)

Jason Malseed is pleased to present for sale 7 Gibson Street, Penola.
This inviting 4-bedroom, 1-bathroom home offers comfort and convenience for growing families or those seeking a peaceful retreat. The spacious layout features four well-sized bedrooms, with ceiling fans in three of the rooms to ensure year-round comfort. Each bedroom offers ample space for relaxation and personalisation.

The heart of the home is the open-plan kitchen, dining, and living area, perfect for family gatherings or quiet nights in. The dining and living areas flow seamlessly, providing a perfect setting for entertaining or everyday living. A cosy wood fire adds to the home's charm, providing warmth and comfort during cooler months.

For those who love to entertain, a large deck provides the perfect spot to enjoy outdoor meals or relax with family and friends, no matter the season. The alfresco area is easily accessible from the living space, creating an ideal extension to your indoor living area.

The bathroom is neatly presented, with plenty of potential for future upgrades to suit your style.

A generous 9x3.6m (approx.) shed offers plenty of space for tools, equipment, or a workshop, while an attached small shed (6x3m approx.) adjacent to the alfresco area provides additional storage or utility space. In addition, a 6.9x2.4m (approx.) wood shed is perfect for storing firewood or other outdoor essentials.

The low-maintenance yard offers a blank canvas for gardening enthusiasts or those looking to add their personal touch.

Located in a serene neighbourhood with easy access to local amenities, schools, and parks, this property is ideal for families seeking a quiet lifestyle with close proximity to everything Penola has to offer.

Whether you're a first-time buyer, a growing family or an investor, this home offers both value and potential. Don't miss out on this wonderful opportunity to secure your place in Penola!

Contact Jason or Olivia to organise an inspection or for more information.

Particulars:
Currently tenanted till 08/07/2025 on a fixed-term lease.
Council: Wattle Range
Water Supply Charge: $78 (approx.)

Property History for 7 Gibson St, Penola, SA 5277

A timeline of how this property has performed in the market
Last Sold
$200,000
09 Jun 2022
  • 06 Feb 2025
    Listed for Sale $330,000 - $345,000
  • 09 Jun 2022
    Sold for $200,000
  • 28 Apr 1997
    Sold for $40,000

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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 1,247 properties. Over the last 5 years, Houses in Penola have seen a 104.87% increase in median value, while Units have seen a 36.68% increase. As at 31 January 2025:

  • The median value for Houses in Penola is $364,745 while the median value for Units is $264,467.
  • Houses have a median rent of $270.
There are currently 6 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Penola.

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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.