OFF MARKET

71 Ritchie Street
Penshurst VIC 3289

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Land area: 8004m2
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Property Details for 71 Ritchie St, Penshurst

Building Type
Unknown
Land Size
8004m2
Local Government
Southern Grampians
Lot/Plan
1/TP221618

Last Listing description (October 2022)

The RSL Hall is a small weatherboard hall located on 8000m2 at the base of Mount Rouse. It has a north facing aspect with views of the Grampians to the North and Mt Rouse to the South. It has potential as a great location to build a home ( STCA) in a premium location in Penshurst.
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, education and health services 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.

Auction on site Saturday October 22 at 11 am.

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Property History for 71 Ritchie St, Penshurst, VIC 3289

A timeline of how this property has performed in the market
Last Sold
$275,000
22 Oct 2022
  • 22 Oct 2022
    Sold for $275,000
  • 09 Sep 2022
    Listed for Sale Auction on site Oct 22,onsite at 11 am

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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 534 properties. Over the last 5 years, Houses in Penshurst have seen a 53.44% increase in median value, while Units have seen a -26.75% decrease. As at 30 September 2024:

  • The median value for Houses in Penshurst is $255,225 while the median value for Units is $276,559.
  • 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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