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.
4
Bedrooms
2
Bathrooms
4
Car spaces
2,725 m²
Land
260 m²
Building
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 2,753 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 2,753 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?
KnownmediumOfficial parcel about 2,753 m² — land size can look like optionality. No 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 Thomas DeGaris & ClarksonThis is the one you've been waiting for. A large, family home on a spacious 2725m2, in the heart of Penola packed full of charm, practicality and indulgence. Built in approx 1913 this historic home is one of Penola's rare treasures.
The location speaks for itself. Only a stone's throw away from all of Penola's fantastic amenities and overlooking the beautiful Penola Hospital Gardens.
From the front of the home the classic white weatherboards, bullnose verandah and heritage coloured roof ooze charm. Inside you'll find the perfect blend of original character complemented with high quality modern updates to bring the home into the modern era.
The home offers an open plan kitchen and dining area with island bench, 80cm oven, dishwasher, wine rack, pressed tin splashback and reverse cycle heating and cooling. In those cooler months, enjoy eating your breakfast at the dining table with southern views out over the garden and a warm fire burning in one of the many beautiful open fires and mantles prominent throughout the property. This area extends to an expansive living area and generous passage finished with stunning baltic floors and pressed tin feature ceilings and walls.
The master bedroom offers woollen carpet, French double doors (to the garden area), WIR and new ensuite with shower and toilet. The main bathroom (with large bath, separate shower, double vanity and floor to ceiling tiles), separate toilet and laundry (packed full of storage) have all also been renovated with no expense spared.
The other three bedrooms are all very generous in size especially one bedroom offering 22m2 of luxury complete with bay window (would also make a fantastic second living area). An additional office can also be found near the bedrooms and the rear entrance of the home offers a convenient mud room space.
If you thought the inside was exciting, wait until you wander outside! Every box has been ticked. Key features include:
- 15m x 9m timber lined shed with 4 roller doors, power, concrete floor and adjoining toilet
- A 9m x 6m timber lined room ideal to be used as a studio, office, retreat or gym. The space also offers power and air con.
- A 6m x 6m outdoor entertaining area which boasts a wood fired pizza oven.
- A basketball/play area complete with artificial turf.
- Established trees and garden, fruit trees, veggie boxes and wood shed.
- Over 40,000L of rainwater, Equipped bore operating garden waters and toilets and the addition of mains water when or if needed.
Other things to note:
- External painting completed in 2020.
- New gas hot water system.
- Ceiling fans in all bedrooms.
- The home has been completely rewired.
- Council rates $663 per quarter.
This property truly is a rare find in the wonderful Penola community.
Price guide for the property is $700,000
21 Church St will be offered by Auction on Friday the 5th of May at 4pm, on site. Contact Karly Honner 0438 339 729 or Tom Pearce 0427 642 138 to arrange an inspection or to find out more.
Property Code: 864
Listing description written by Karly Honner, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.