Penola at a glance
1,674
People
$452,500
Median sale
$312/wk
Median rent
3.59%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
2
Bathrooms
2
Car spaces
399 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Penola (last 5 years) with land size have a median of $346/m² of land (n=41). Districts calculation from recorded sales — not a valuation.
Penola at a glance
1,674
People
$452,500
Median sale
$312/wk
Median rent
3.59%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Planning and Design Code
Zone
Neighbourhood
N
Jurisdiction
Wattle Range
Wattle Range, SA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAZoned Neighbourhood (Planning and Design Code). Official parcel area about 382 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $312/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Neighbourhood (Planning and Design Code). Official parcel area about 382 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Penola at a glance
1,674
People
$452,500
Median sale
$312/wk
Median rent
3.59%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mt GambierEXPRESSIONS OF INTEREST BY 4PM 19TH DECEMBER 2022 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to present 11 Young Street, Penola, for sale. This exquisite modern home has three lovely bedrooms and is located next door to Penola Primary School and the McKay Children's Centre. It is within walking distance of the town centre, Foodland, Penola High School, and the football and netball club, making it the perfect location for an Airbnb. When it comes to a young family lifestyle, this quality David Pike-built home ticks all the boxes in this rural setting.
A stunning modern timber façade paired with plants obscures the front portico for a private and secure entry. A stylish roller door garage sits underneath the main roof, accommodating two cars. It is accessed via a concrete driveway and offers internal access for convenience.
Inside, a vibrant entry hall with floating floorboards accesses the main bedroom to the left. This master suite is tastefully decorated, offering a panelled feature wall, on-trend paintwork and built-in robes. It is comforted with carpet, a modern timber ceiling fan and overlooks the front garden via a trio of windows. It benefits from a stunning ensuite bathroom with a walk-in glass frame rain shower, a toilet and a vanity with a large mirror and under-sink storage.
A gorgeous and airy open plan kitchen, dining room, and family room sit centrally, overlooking a beautiful outdoor entertaining and alfresco area.
The immaculate kitchen boasts a large island breakfast bar with feature timber cladding, solid stone benchtops with a double sink and a dishwasher. It offers a wonderful pendant lighting feature that is again - bang-on trend. The back wall accommodates a large stainless steel electric oven, cooktop and range, surrounded by a lovely white tile splashback and an abundance of storage cabinets. A Samsung fridge sits snugly in the recess. This appliance comes with the kitchen, as does a fantastic walk-in pantry with storage.
A large laundry room sits adjacent to the pantry, offering a trough, storage and outdoor access for convenience. The dining room overlooks the alfresco space via glass windows, with glass doors from a stylish family room accessing this space. This beautiful open living area is comforted with reverse cycle air-conditioning and a slow-combustion fireplace - perfect for chilly winters in the stunning wine country.
A home study with a built-in desk sits on the opposite side of the dining room, offering views of the garden/pergola beyond - for inspiration when you need it most.
A medium-sized bedroom overlooks the opposite side of the property. It is comforted with carpets and a ceiling fan: the perfect nursery, kids' room, or guest room.
The third, beautifully appointed bedroom sits at the rear of the home. It benefits from large windows letting in lots of natural light, built-in robes, carpets and a ceiling fan.
A stunning, neutrally decorated and tiled family bathroom sits between the rear bedrooms. It offers a glass-framed rain shower, a separate bath, a toilet and a vanity with an abundance of storage. Fittings, fixtures and design will please all tastes, increasing the longevity and re-sale value of this beautiful home.
Outside, the tranquil, covered pergola is a real feature of this property. It is surrounded by lovely plants and flower beds that sit within timber beds and offers a succulent wall for something special. A side gate also accesses the backyard for added convenience.
The garden is fed by a dripper system and a 5000L rainwater tank. A 1000L rainwater tank adequately supplies the home with rainwater year-round. The theme of this home is a functional style, ideal for a young family, a professional couple with Mount Gambier and Naracoorte a short 30 minute commute away or retirees looking to downsize. There is nothing to do but move in and enjoy your beautiful, quality-built home. Contact Tahlia at Ray White Mt Gambier today to book a viewing and avoid disappointment. Get in quick to secure your new home in time for Christmas! RLA 291953
Additional Property Information:
Rental Appraisal: A rental appraisal has been conducted of approximately $450 to $470 per week.
Short Stay Appraisal: A short stay appraisal has been conducted of approximately $300 per night, plus cleaning.
Age/ Built: Approx. 2009.
Land Size: Approx. 399m2.
Council Rates: Approx. $2,257 Per Annum.
Listing description written by Tahlia Gabrielli, Ray White Mt Gambier — reproduced as published, not verified by Districts.