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.
SA › Penola › Portland St
$305,000
Last sold
11 June 2021
5
Bedrooms
2
Bathrooms
2
Car spaces
1,003 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$305,000
11 June 2021 · derived via latest_sale
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.
Vs Penola
-32.6%
Median sale
Suburb $452,500
+1.73 pp
Gross yield
Suburb 3.59%
Suburb median $452,500 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Thomas DeGaris & ClarksonThis character cottage has been smartly extended and transformed into a large country residence incorporating 5 bedrooms, 2 bathrooms and multiple living & dining spaces.
Situated on a spacious 1,003m2 corner allotment fronting the wide Oak tree lined Portland Street, the location could not be better. Here you have the benefit of a quiet residential location, all be it only minutes’ walk to schools, sporting and recreational fields and the boutique shops and cafes the township of Penola has to offer.
This home would be perfect as a family home, holiday accommodation or a combination of both; The sale includes sketch design plans from sought after South East architect David Pike; His vision incorporates an improved main residence featuring master suite with ensuite and walk in robe as well as a revived kitchen and living room extension. The secondary driveway access off Robe Street provides another interesting opportunity; With clever renovations, you could maintain a main residence at the front, and a secondary residence at the rear – providing a single or dual income residence. The opportunities are endless with this very spacious and flexible floor plan.
The home can be broken down into 3 areas;
- The original cottage with attractive gable roof, stone pillars and raked full width veranda. Inside, a wide central hallway with 4 large bedrooms; 3 are carpeted with the main having polished timber floors and an adjoining ensuite. From the hallway, step up into;
- The middle section of the house – bridging together the original cottage and the rear stone section of the home. This is the informal entry from the parking spaces – the part of the house you linger in and interact with the rest of the family. Here, an elongated kitchen with gas cooktop and dishwasher, dining space with built in seating and slow combustion fireplace.
- Double doors connect to the final section – a solid stone structure comprising of 2 spaces perfect for living / formal dining / rumpus (including second slow combustion fireplace), office, additional bedroom, bathroom, separate toilet, laundry, and storage.
Outside offers a timber framed deck double shed and graveled driveway / off street parking.
Call Karly 0438 339 729 or Meg 0407 740 034 today to arrange your private inspection.
_
Property Code: 755
Listing description written by Karly Honner, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.
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