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.
$360,000
Last sold
27 Aug 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
1,033 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
$360,000
27 Aug 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
-20.4%
Median sale
Suburb $452,500
+0.92 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 & ClarksonCharacter home | Contemporary living
Straight from the pages of a magazine, 61 Church Street must be seen to be believed.
View the property at https://www.youtube.com/watch?v=kardCA0Sasg
Four or five bedrooms (you choose), two living spaces, two bathrooms, shedding, space, and location. Properties of this calibre are extremely rare in Penola. But this property is next level; A recent overhaul by a talented team of designers makes this home unrivaled, especially in this thriving property market.
The entire home has recently undergone an extensive renovation and the results are truly breathtaking. The scene is well and truly set at the entrance; An attractive front porch finished with character tiles under foot. Through the front door; A generous entrance with both width and high ceilings. Here, in the original part of the house the character is evident in the tall skirtings, panelled doors and timber detailing.
Somehow, the design has cleverly blended the old, together with a new addition - A contemporary open plan living, dining and kitchen. A light & bright space that has a warm and inviting atmosphere and of course a slow combustion fire (essential for winters like these). The new kitchen is the star of the show, and no expense has been spared. With a plethora of bench space, marble tiles, high quality cabinetry and stainless-steel appliances. This area extends seamlessly through double doors to a paved outdoor entertaining area and the lawn beyond.
The solid stone home is huge. Perfect for families it offers three large bedrooms at the front of the property, with a large master at the rear. In addition, a loft can be found upstairs which would be ideal as a fifth bedroom, office or storage area.
A second living area at the front of the home is full of cosy character, and both bathrooms are in good condition.
Outside continues to impress; A huge three car garage (individual roller doors), a workshop and additional storage shed. The property also boasts a newly installed 6.6kw solar system as well as rainwater, ample parking (+ ability to turn the car around), and plenty of space for children to play.
Leave the car in the garage - the location couldn't be more central or convenient; Literally one door down from the Penola park, playground, pool and one minute away from the many cafes, retail outlets and amenities that Penola has to offer. You're also within walking distance to all three schools, supermarket, and sporting complex.
This property ticks all the boxes - space, comfort, style, location, and flexibility with a huge four or five bedrooms. Despite this size, the home would also lend itself to a retiree or executive couple with the ability to simply live in the rear of the home or convert a bedroom or two to home offices now that remote working is becoming more prevalent. The property would make an ideal high-end accommodation option for the busy Penola / Coonawarra tourist trade.
Contact Meg Redman 0407 740 034 or Karly Honner 0438 339 729 today to arrange an inspection before this one is snapped up.
Property Code: 771
Listing description written by Karly Honner, Thomas DeGaris & Clarkson — reproduced as published, not verified by Districts.