76-80 Chesswas StreetPenshurst VIC 3289
Property Details for 76-80 Chesswas St, Penshurst
Last Listing description (August 2023)
This double block of 4000 square metres has road frontage to both the South and East side. It has an uninterrupted outlook to the Grampians to the North and is ideally located to the botanical wetlands and is a short walk to the main street. There is also a 99 year lease on a 4000m2 block on the west side as well as another 4000m2 of unused road. It has ample supply of natural spring water, so is ideally suited to a market garden or grazing a few livestock or pets.
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 range of sporting facilities including football, netball, bowls and the Racing Club continuously celebrating its Cup meeting on Boxing day since 1866.
Property History for 76-80 Chesswas St, Penshurst, VIC 3289
- 11 Feb 2021Sold for $79,000
- 01 Jun 2016Listed for Sale $79,000
- 21 Apr 2006Sold for $15,000
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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.
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