41 Martin Street, Penshurst, VIC 3289 | House for sale | OnTheHouse
 
FOR SALE
$250,000

41 Martin Street
Penshurst VIC 3289

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 429m2
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THE PERFECT LITTLE COUNTRY DOWNSIZER

Set on a compact and manageable 429 square-metre block in picturesque and popular Penshurst, is this renovated downsizer. For a single person or couple on a budget, retiree or even an investor/farmer looking to provide rental accommodation, or an ideal weekend retreat, this is all you need. It has a lovely feel about it, and at this price it's rare to find something that you can move into and not have to renovate.
There are 2 bedrooms (main with builit-in-robes, and quite a small 2nd bedroom), small kitchen with new benches and painted throughout, bathroom with new shower, vanity, paint and flooring. There are two storage/study nooks. New floating flooring throughout, new split system heating and cooling, heat-pump hot water service, new blinds, light fittings, and it has been painted throughout, inside and out. For a compact block of land, it still caters for the avid gardener, with vegetable garden beds, flowers and fruit trees, and even a fantastic chook pen. There is a really spacious single garage with ample workspace and another partitioned area that could readily be made into another room. Add to this rear access to a carport with door for security for another vehicle/trailer/boat/caravan.
Penshurst is a quaint rural town nestled in the Southern Grampians, sitting at the foot of the extinct Mount Rouse volcano, and known for its historic bluestone buildings, tranquil botanic gardens, and sweeping views across the volcanic plains. It has a population of around 500 people and offers basic retail, education and health services including 2 primary schools (State & Catholic), Aged Care facility, Hotel, Post Office, Police Station, Fantastic Bakery, IGA and a Mitre 10. Penshurst is situated on the Hamilton Highway 31km south-east of Hamilton, 200km West of Geelong and 274km from Melbourne, between the Grampians and the sea - Dunkeld 29km away, Warrnambool 68km & Port Fairy 63km. Town water connected, bottled gas and septic.
While some of our properties are available to inspect at open homes, ALL of our properties are available to be inspected by appointment. Get in touch to arrange a time that suits.
Disclaimer:
For Statement of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.
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Property Details for 41 Martin St, Penshurst

41 Martin St, Penshurst is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 429m2. The place is currently for sale with Wilsons Warrnambool & District Real Estate.

Building Type
House
Land Size
429m2
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About Penshurst 3289

The size of Penshurst is approximately 316.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Penshurst in 2016 was 622 people. By 2021 the population was 677 showing a population growth of 8.8% in the area during that time. The predominant age group in Penshurst is 60-69 years. Households in Penshurst are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Penshurst work in a managers occupation.In 2021, 76.60% of the homes in Penshurst were owner-occupied compared with 81.10% in 2016.

Penshurst has 528 properties. Over the last 5 years, Houses in Penshurst have seen a 35.72% increase in median value, while Units have seen a -26.75% decrease. As at 30 November 2025:

  • The median value for Houses in Penshurst is $258,816 while the median value for Units is $265,035.
  • Houses have a median rent of $200.
There are currently 4 properties listed for sale, and no properties listed for rent in Penshurst on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Penshurst.

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