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 › Chinamans Ln
$668,000
Last sold
14 June 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
19,424.911 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
$668,000
14 June 2024 · 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
+47.6%
Median sale
Suburb $452,500
-1.16 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 & ClarksonTDC Livestock and Property is proud to present 59 Chinamans Lane – a rare opportunity to secure a beautiful large family home on 4.7 acres on the outskirts of Penola.
The beautiful solid stone four-bedroom home has been meticulously maintained and renovated into a roomy and stylish property. Walk through the front door to be greeted by a generously sized lounge room with slow combustion fire and large windows overlooking the attractive garden. This area extends to a well-equipped kitchen offering gas top cooking, slow combustion stove, dishwasher, corner pantry and ample storage. The kitchen integrates with a spacious dining area complete with floor to ceiling storage and stunning jarrah floors. A brand-new outdoor decking area is accessed via the dining area providing the perfect area to sit, enjoy your morning cuppa and take in the scenic and tranquil garden views.
The master bedroom offers built in robes and a newly completed ensuite with beautiful jarrah vanity.
At the rear of the home you will find a huge second living area, the ideal children’s retreat. This space provides so much possibility with the main bathroom (with separate shower and bath) and three bedrooms (two with BIRS) all accessed from this area.
The smart design of the home allows a couple to only require the front half of the house, and then open-up the rear area for when guests visit.
The home also features a large laundry with toilet, a good-sized office space and multiple linen storage cupboards and a new septic system.
Outside, a stone double bay shed is situated to the Northern side of the home, as well as rainwater and secure fencing for your pets to roam.
The trees, garden and lawn are well established, yet low maintenance providing the perfect relaxing rural setting.
Extending from the house yard is an additional fenced 3 acre (approx.) paddock with stock water. This area is perfect for your horses, motorbikes or to enjoy your other hobbies.
Homes on small acreage this close to Penola are extremely rare. Don’t miss your opportunity to secure this amazing property today.
Please note the sale of this property is subject to the proposed subdivision being approved.
Contact Mark De Garis 0428 372 124 or Karly Honner 0438 339 729 to arrange an inspection.
Property Code: 918
Listing description written by Mark De Garis, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.