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.
$645,000
Last sold
2 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,007 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
$645,000
2 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Penola (last 5 years) with land size have a median of $334/m² of land (n=40). 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
+42.5%
Median sale
Suburb $452,500
-1.07 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 & ClarksonPositioned in one of Penola’s most convenient and family-friendly locations, this spacious contemporary home—built in 2011—has everything your growing family needs and more. Just two minutes from Penola Primary School and McKay Children’s Centre, with the Penola walking trail literally at your back fence, it offers lifestyle, space, and unbeatable access to the town’s health, education, retail, and hospitality options. The rendered stone and brick home provides a modern, attractive street presence, while inside, the thoughtful layout is both practical and stylish.
The heart of the home is the expansive open-plan kitchen, living, and dining area. Finished with neutral tones and tiled flooring, this space is flooded with natural light and anchored by a large island bench, 90cm oven, walk-in pantry and ample cabinetry. A slow combustion fire adds warmth and charm, while a split system ensures year-round comfort. Just off the main living space is a second lounge or media room - perfect for movie nights or kids' playtime. This area seamlessly connects to a double bay garage with remote roller door.
The master suite is a true retreat, featuring a spacious bedroom, his and hers walk-in robes, and a beautiful ensuite with luxurious electric underfloor heating which is a particular asset in the winter time. Three additional bedrooms are generously sized with built-in robes, including one already fitted with office cabinetry. The main bathroom is equally impressive, offering a large spa bath, separate shower, and modern vanity. A separate toilet and a generously sized laundry add everyday practicality, along with excellent linen storage throughout the home.
Step outside to enjoy the private, fully fenced yard - perfect for kids and pets. A large alfresco area overlooks the garden and mature trees, creating a relaxing outdoor haven. Other fantastic features include;
- Solar power
- Rainwater
- Garden shed plus plenty of space to build your dream shed
- Chook shelter
- Wifi controlled automatic watering system
- Bore
This is a move-in-ready family home offering space, lifestyle, and a prime location. Don’t miss this rare opportunity to secure a modern home with room to grow, right in the heart of Penola. Contact Karly Honner 0438 339 729 or Mark De Garis 0428 372 124 to arrange an inspection today.
OPEN INSPECTION - Saturday 19th July, 10:15am- 10:45am.
Property Code: 997
Listing description written by Karly Honner, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.