7 Portland StreetPenola SA 5277
Property Details for 7 Portland St, Penola
7 Portland St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 943m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2022)
A one off opportunity to purchase this historic cottage situated in a prime position on the corner of the equally historic Petticoat Lane and Portland Street within walking distance to the Penola CBD with great shopping and quality restaurants. Meticulously restored by a perfectionist whose interest in the area dates back to his childhood the cottage was first built back in the 1880's from local Red Gum timber and was later on extended in 1902, the cottage exudes character and history.
The cottage has three bedrooms and a large light filled lounge room in the heart of the home which offers the warmth from the slow combustion heating. The Philippe Starck freestanding bath on the Otway Stone flooring footing is the star of the bathroom renovation, inviting you to fill it to the bream and enjoy a soak after a busy day. Although the cottage is central to the town and close to everything Penola has to offer, it also quite peaceful here , especially wandering around the well established garden and beautiful trees, which has a lovely feel about it and is easy to maintain. The enclosed yard is fabulous for children and pets. Only minutes from the Coonawarra wineries this cottage would make a sensational B&B and has been run as a successful B&B previously .
The best thing you could do would to book your private inspection with Jo today and see for yourself what this gorgeous cottage has to offer.
Property History for 7 Portland St, Penola, SA 5277
- 21 Jun 2022Sold for $420,000
- 25 Mar 2022Listed for Sale $395,000
- 05 Feb 2021Sold for $295,000
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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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