Penola SA 5277

Here you can find what you need to know about Penola, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$180k Median Sale Price (National Average $485k) 453rd In SA
-2.70% Median Price Change (1 yr) (National Average 4.30%) 1389th In SA
$230pw Median Rent (National Average $395) 420th In SA
6.6% Median Gross Yield (National Average 4.24%) 33rd In SA
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Properties sold 22
Average discounting -6.74%
Average Days on Market 159
Stock on Market 12 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Penola, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Penola, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Penola, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Penola


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State Auction Clearance Rates - June 2019

Auctions Clearance rate
SA 103 55%
ACT 40 55%
NSW 551 67%
NT 7 0%
QLD 114 35%
TAS 3 50%
VIC 644 70%
WA 25 17%

Local Schools


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Suburb Information

Penola, SA 5277

Part of: Wattle Range Council No data available

The size of Penola is approximately 252.5 square kilometres. It has 1 park. The population of Penola in 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 years. Households in Penola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penola work in a labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Penola

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Penola   for Houses in last 12 months


There have been 26 Houses sold in Penola in the past 12 months with a median sale price of $178K, up -1.39% annually. It takes on average 163 days to sell with vendor discounting of -7.14%.

Streets in Penola


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