SOLD
Sold on 26 Mar 2024 for $195,000

71 Cobb Street
Penshurst VIC 3289

Bedrooms: 6
Bathrooms: 3
Car spaces: 1
Land area: 1014m2
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Groves Real Estate
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Property Details for 71 Cobb St, Penshurst

71 Cobb St, Penshurst is a 6 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 1014m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 6 bedroom House sold in Penshurst in the last 12 months.

Building Type
House
Land Size
1014m2
Local Government
Southern Grampians
Lot/Plan
1/TP128027

Last Listing description (April 2024)

Attention tradies! Here is an opportunity for you. Situated in quaint Penshurst on just over 1000m2, this substantial home is currently part way through a renovation, and is in need of somebody to complete the job.

The property has a total of six bedrooms, and therefore once complete, the residence would be suited to a large family, ideal for a owner occupier, or would have solid rental potential.

A small, functional kitchen remains at the home's rear, however a large space at the heart of the home is currently cleared ready for a new kitchen to be installed. One of the three bathrooms has been updated and while a small amount of replastering has been completed, much of the property has been stripped and is ready for replastering.

With loads of potential, this property will suit somebody with some energy and vision who wants to bring it back to life.

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Property History for 71 Cobb St, Penshurst, VIC 3289

A timeline of how this property has performed in the market
Last Sold
$195,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $195,000
  • 25 Jan 2024
    Listed for Sale $199,000
  • 10 Jan 2006
    Sold for $40,000
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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 102.24% increase in median value, while Units have seen a 69.83% increase. As at 30 November 2024:

  • The median value for Houses in Penshurst is $345,188 while the median value for Units is $284,497.
  • Houses have a median rent of $200.
There are currently 3 properties listed for sale, and no properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Penshurst.

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