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.
$358,000
Last sold
25 Oct 2021
3
Bedrooms
2
Bathrooms
6
Car spaces
1,214 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
$358,000
25 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Penola (last 5 years) with land size have a median of $347/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
-20.9%
Median sale
Suburb $452,500
+0.94 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 & ClarksonCountry living has never looked so good! The Penola property market has gone from strength to strength as the regional movement continues to grow.
TDC are proud to present to the market 4 Lizzie Street, Penola. A large home, with shedding, on a huge 1,214m2 allotment close to Penola’s schools, busy shops and eateries. Built locally, and lovingly maintained, this one absolutely ticks all the boxes.
A generous double entry leads you through to a spacious open plan living, kitchen and dining area. The kitchen is well equipped with in wall oven, dishwasher, walk in pantry and a large flexible fridge space – big enough for two. This open place space will undoubtedly be the heart of the home, where the family will come together after a busy day. Here, the large windows bring in the winter sun and offer views out to the established garden. A sliding glass door connects through to the generous alfresco dining area, positioned perfectly to enjoy the vast backyard.
Take the edge off when you need to using the reverse cycle A/C. If you simply must have a fire to get you through the South East winter – there is plenty of options to accommodate one of those too.
All three bedrooms are carpeted, the main with large spa ensuite, walk in robe, reverse cycle A/C and an large North facing window taking in views of your private garden. Bedrooms 2 & 3 have floor to ceiling built in robes and easy access to the main bathroom with separate toilet. Storage is a-plenty with a huge amount of linen space in the generously sized laundry.
For the shed lovers, we have you covered. Not only is there a double shed with adjoining double pergola located at the rear of the block, but also a double garage under the main roof with inside access.
Outside, enjoy the attractive backyard in privacy as offered by mature plantings and hedges. Veggie boxes are ready to go for the spring.
Other things to note;
- Solar power connected.
- The house is connected to rainwater, with SA water connection to both toilets and the garden.
Don’t let this one be the one that got away; Call Meg 0407 740 034 today to arrange your private inspection.
Property Code: 788
Listing description written by Meg Redman, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.