OFF MARKET

5-7 Hamilton Highway
Penshurst VIC 3289

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 98m2
Land area: 1952m2
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Property Details for 5-7 Hamilton Hwy, Penshurst

5-7 Hamilton Hwy, Penshurst is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 1952m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1920
Floor Size
98m2
Land Size
1952m2
Local Government
Southern Grampians
Lot/Plan
1/TP534688

Last Listing description (November 2024)

Built in the early 1900's, this is a tastefully renovated home, but retains the period features of the era. Comprising two good size bedrooms, an open living and dining area adjacent to the kitchen, This home features polished Baltic pine floors, wood heating as well as reverse cycle cooling/heating. There is new carpet in the bedrooms, the property has been re-roofed, rewired, re-plumbed and re-fenced, so all the heavy lifting has been done.
Outside you can enjoy a Mediterranean garden and a large yard.
Currently operating as a B & B so a ready income stream is available.

Inspections will impress
Penshurst is situated on the Hamilton Highway 31km south-east of Hamilton, 200km west of Geelong and 274km Melbourne, and approximately midway between the Grampians - Dunkeld 29km and the sea - Warrnambool 70km & Port Fairy 63km.

Penshurst is an historic rural service centre situated at the foot of Mt Rouse in South West Victoria. It has a population of around 500 people and offers basic retail, health services and education including 2 primary schools (State & Catholic), aged care facility, hotel, bakery, post office, police station and general retail shops. It has a range of sporting facilities including football, netball, bowls and the Racing Club continuously celebrating its Cup meeting since 1866.

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Property History for 5-7 Hamilton Hwy, Penshurst, VIC 3289

A timeline of how this property has performed in the market
Last Sold
$425,000
20 Jun 2022
  • 14 Nov 2024
    Listed for Sale $489,000
  • 20 Jun 2022
    Sold for $425,000
  • 25 May 2022
    Listed for Sale $395,000- $425,000
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About Penshurst 3289

The size of Penshurst is approximately 316.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Penshurst in 2011 was 733 people. By 2016 the population was 632 showing a population decline of 13.8% in the area during that time. The predominant age group in Penshurst is 60-69 years. Households in Penshurst are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Penshurst work in a managers occupation. In 2011, 76.4% of the homes in Penshurst were owner-occupied compared with 81.1% in 2016.

Penshurst has 535 properties. Over the last 5 years, Houses in Penshurst have seen a 58.74% increase in median value, while Units have seen a 64.56% increase. As at 31 October 2024:

  • The median value for Houses in Penshurst is $260,437 while the median value for Units is $312,760.
  • Houses have a median rent of $200.
There are currently 2 properties listed for sale, and no properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Penshurst.

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