OFF MARKET

8 Salem Road
Penrice SA 5353

Bedrooms: 4
Bathrooms: 2
Car spaces: 7
Floor area: 182m2
Land area: 1515m2
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Property Details for 8 Salem Rd, Penrice

8 Salem Rd, Penrice is a 4 bedroom, 2 bathroom House with 7 parking spaces and was built in 1989. The property has a land size of 1515m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
1989
Floor Size
182m2
Land Size
1515m2
Local Government
Barossa
Lot/Plan
A2/D14247

Last Listing description (May 2016)

Splash into summer with a pool and outdoor entertaining area. Park the boat in either the 2 bay shed, or ample room elsewhere on the 1500 sqm block. The whole family will enjoy this 4 bedroom, two bathroom and two living area home. Featuring ensuite, walk in robe, new kitchen appliances, hot water service, carpets, separate laundry and rain water tanks. The second three way bathroom is in the kids wing of the home. Tiled high traffic areas, RC/AC, spacious floor plan, formal lounge and dining room, with open plan kitchen and casual lounge/meals area. The brick home is slightly elevated, and has a carport under main roof. Sliding door access to the pergolas, paved BBQ outdoor entertaining are that looks to the chlorinated pool. Rear lawn, front landscaping. Side lane-way access to the 2 bay shed with power. Chook shed and garden shed. Located in Penrice, a few minutes to Angaston. Excellent schooling and shopping nearby. Hard to find large sized block in country town setting. A well presented package that will appeal to all the wish lists, and highly desirable rental property for the investors.
Contact: David Cook 0419 837 361

Property History for 8 Salem Rd, Penrice, SA 5353

A timeline of how this property has performed in the market
Last Sold
$365,000
12 May 2016
Listed for Rent
$380/w
10 Dec 2014
  • 12 May 2016
    Sold for $365,000
  • 20 Oct 2015
    Listed for Sale Not Disclosed
  • 26 Sep 2014
    Listed for Sale $399,950 - $419,950
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About Penrice 5353

The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2011 was 338 people. By 2016 the population was 455 showing a population growth of 34.6% in the area during that time. The predominant age group in Penrice is 50-59 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a labourer occupation. In 2011, 83.2% of the homes in Penrice were owner-occupied compared with 84.3% in 2016.

Penrice has 280 properties. Over the last 5 years, Houses in Penrice have seen a 98.56% increase in median value, while Units have seen a 554.00% increase. As at 31 October 2024:

  • The median value for Houses in Penrice is $780,227 while the median value for Units is $393,244.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Penrice on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Penrice.

Suburb Insights for Penrice 5353

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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.