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
3
Car spaces
1,147 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 Thomas DeGaris & ClarksonRarely does a property as unique as this hit the market in Penola. A circa 1880s villa with street presence, character charm and the convenience of location in the heart of Penola.
This historic charmer packs a big punch, with a knockout throw immediately upon entering the front door; The hallway; Possibly Penola’s most breathtaking. It is here, in the hall that this home unveils an unexpected scale and elegance. A huge hallway, with features typical of the era in which it was built; High, ornate pressed tin ceilings, tall skirtings & decorative mouldings.
These stunning features as well as the character hardwood floors flow throughout the original portion of the home which comprises of four generously sized rooms, each with fireplaces and two with built in robes of the highest quality (and the tallest in Penola I have heard…) Use these as three bedrooms and a sitting / living / play room / parents retreat or a fourth bedroom. There is scope to punch into one of the two well maintained bathrooms and make it into a master suite – complete with a corner spa.
The more contemporary addition to the rear epitomises modern day living – An open plan kitchen, dining and vast living space; The point of coming together as a family, the heart of the home. There is much to love about this space – Bask in the sunlight via the North facing bay window or retreat to the lounge by the slow combustion fire. Here in the living room, through the bifold timber doors, you are connected to an extensive outdoor entertaining area. From here, beyond the lemon tree –Enjoy a drink, take in the garden and watch the kids play cricket – This year, Christmas is at your place…
Other things of note;
- Three bay shed with lined room.
- Third toilet in laundry.
- Walk in pantry & dishwasher to kitchen.
- Heat shifters connected to slow combustion fire in sitting room.
- External blinds to Western windows.
- Raised veggie garden/s.
- Secure yard.
- Ample rainwater.
The location couldn’t be more convenient – Only a short stroll via the park, to Penola’s eateries, shops fabulous playground, skate park and heated pool.
Specifications;
CT - 5261/705
Council – Wattle Range Council
Zoning – Residential
Note – Local heritage to original buildings
Built - 1986 (approximate)
Land – 1,147m2
Council Rates - $2,274.60pa
Property Code: 662
Listing description written by Meg Redman, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.