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
$340,000
Last sold
7 Apr 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
2,446 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
$340,000
7 Apr 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
-24.9%
Median sale
Suburb $452,500
+1.18 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 & ClarksonAre you seeking the convenience of town living without the constraints of the average size town block? Don’t like the idea of feeling boxed in? Would you like space for your family to run around, plant that orchard and have some chooks or even a sheep?
27 Portland Street, Penola; a renovated family home sitting on an absolute gold mine – land; Some 2,446m2 in the heart of Penola. All that space yet you are only a two-minute walk from the main street cafes, shops and amenities. This is a rare opportunity not to be missed.
The 1975 double brick home has been tastefully renovated to bring it into the modern era. The showpiece really is the kitchen – all brand new, and all stunning. This is a space that the family will want to come together – this is where you will want to entertain – this is going to be the heart of this home. The provincial style kitchen features all the extras; stone benchtops, 2pac cupboards, 900mm oven, twin drawer dishwasher, reverse cycle air conditioner, undermounted double sink and ample bench and storage space. From here, enjoy the outlook over the large rear yard, or seamlessly connect to the modwood decked outdoor entertaining area via the glass sliding doors. Here you will do all your outdoor entertaining.
Two spacious living areas connect off the kitchen – one for the kids and one for the adults perhaps. The northern living area has direct access to the carport and offers combined dining and living, complete with slow combustion heating and tiled floor. Timber floorboards have been restored and tie all three spaces together; extending from the kitchen into the second living area. Here, a second slow combustion fire, ceiling fan and large windows taking in the street views.
Off the central passage way - three spacious, carpeted bedrooms all with built in robes. With outside access, the third bedroom also has potential for an ensuite addition – a project for another time.
The practical bathroom is spacious and has both bath and separate shower. A separate toilet and laundry (with outside access) reside next door.
It is clear this home has been lovingly maintained. It is meticulous and there is nothing to be done. The property has been recently painted and attractive day/night roller blinds have been installed throughout.
Now to the outside and here we truly have saved the best for last. The carport comfortably fits 4 cars, with vehicle access to the rear yard for your convenience. The expansive secure yard also offers;
- 6x12m shed with concrete floor and power
- 6x4m shed with concrete floor and power
- Chook shed and wood shed
- Established shady trees and fruit trees including an amazing walnut tree.
- More than 35,000L of rainwater
- Bore and sprinkler system
This is a must to inspect – and in this market it will not last long! Contact Meg 0407 740 034 or Karly 0438 339 729 to arrange an inspection.
Property Code: 731
Listing description written by Karly Honner, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.