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.
2
Bedrooms
1
Bathrooms
3
Car spaces
1,150 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
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 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 Elders Real Estate South EastThis custom-built premiere turn-key home in the heart of wine country, will suit the discerning buyer.
Completed this year by independent builder J Wimshurst, the quality and craftsmanship are evident as soon as you step onto the property through the manicured formal front garden.
Nothing has been left to chance in this well-thought-out 6-star energy rated home. As you walk through the front door you are greeted with three-metre-high shadow line ceilings and Calcutta marble tiled floors throughout the open plan kitchen, dining and living room.
Entertaining family and friends will be a dream in your kitchen which features LED strip lighting, engineered stone bench tops and an expansive breakfast bar with waterfall ends, custom designed cabinetry with built-in appliances and an open space for a generous dining table with uninterrupted views of Penola's heritage-listed St Andrew's Church.
Adjoining the kitchen is a wonderful covered outdoor entertaining area with zip-track blinds for year-round comfort and additional privacy.
The lounge room, as with the rest of the house, is heated and cooled with ducted air conditioning, eliminating the need for messy and expensive fire wood. The ducted heating & cooling are also zoned to each room for efficient & clever usage.
You'll sleep in comfort in the generous master bedroom with plush carpet, built-in floor to ceiling custom designed robes and block-out blinds behind the sheer curtains. The ensuite features underfloor heating, a double vanity with power points concealed in the draws for your convenience and a double shower head, a heated towel rail and designer tap-ware.
The main bathroom won't disappoint either with an LED back-light mirror, separate shower, bath, towel rail and separate toilet.
All bedrooms are located off the central hallway and the remaining two bedrooms feature plush carpet, built-in robes and desks.
The laundry has custom cabinetry with built-in appliances including a front loading washing machine, a drum dryer and ironing board, all of which are included in the sale. There is direct access to a small private deck, suitable for drying washing out of the weather.
At the rear of the property you'll find a fully lined 3-bay 12m x 6m shed with three automatic roller doors and high-clearance, perfect for your caravan, boat or camper trailer. Ideal for storing your car off the street, which you won't need, as you can walk easily down the main street just around the corner to enjoy the many cafes, art galleries and restaurants.
The historic town of Penola is in the heart of one of South Australia's most productive wine growing areas, with 30 Coonawarra wineries, art galleries, gift stores and a State Heritage area at your doorstep.
Just over a 30-minute drive from Penola you'll find the city of Mount Gambier, which offers all the convenience of city living with major retail stores, a large regional hospital and an airport serviced by REX and Qantas Link with daily flights to Adelaide and Melbourne.
You won't find another turn-key property of this exceptional quality in such an ideal location. With builders currently having a wait time of up to two years for new construction and no blocks of land located so close to town, you could just move in and start living without having to worry about construction delays and the stress of building.
If you're thinking of 'downsizing' or a 'tree change' this property is not to be missed!
Listing description written by Katie Allen, Elders Real Estate South East — reproduced as published, not verified by Districts.