100 Kareela RoadPenrose NSW 2579
Property Details for 100 Kareela Rd, Penrose
Last Listing description (December 2017)
This beautiful 102 acre property is set down a quiet country lane in its own sheltered valley with a 900m long frontage to Paddys River and adjacent to the Penrose State Forest.
Circa 1988, the architect designed main homestead is a superb representation of a classic Australian colonial farmhouse with wrap around bullnose verandahs draped with clematis.
The recently renovated generous eat-in kitchen features Tasmanian Oak benchtops, Smeg 900mm oven, six burner gas cook-top, integrated dishwasher and ample storage including a large walk in pantry. The room is bathed in natural light with French doors to the east and picture windows to the north & west capturing wonderful views of the manicured gardens and paddocks beyond. There is a formal dining room adjacent and a separate living room featuring a Jetmaster open fire and bespoke cabinetry.
The managers / guest cottage, Circa 1984, is set across the paddocks in its own fully fenced private garden, it is a modest three bedroom, one bathroom and open plan living home with a full length front verandah, glorious rural views and potential to be updated and used as a weekend let.
The arable acreage features excellent pasture improved paddocks with hinged joint and barbed wire fencing & sturdy farm gates, substantial natural permanent water reserves, including Paddy's River and two natural spring fed dams. Ample water storage with two 22,000 litre water tanks at the sheds, a 45,000 litre house tank and 15,000 litre tank at the guest cottage. There are good stands of native timber for shelter dotted throughout the very appealing undulating topography. Currently running 13 weaners, the property could easily run 25 head of cattle.
A fenced and gated small holding paddock off the main entry drive houses a three bay open and a two bay lockable farm shed. Adjacent are good cattle yards, Ellis crush and loading ramp.
Easy direct access to the freeway 7kms via the Penrose Forestry Road (unsealed), or access via Wingello (6kms) and Bundanoon (13kms) via the Highland Way.
Zoned RU2 Rural Landscape encourages primary production and a large variety of rural pursuits. This exceptional property will appeal to the most discerning buyers.
Property History for 100 Kareela Rd, Penrose, NSW 2579
- 03 Nov 2017Sold for $2,125,000
- 05 Oct 2017Listed for Sale Price Guide $2,175,000
- 30 Jun 2004Sold for $1,300,000
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0About Penrose 2579
The size of Penrose is approximately 46.3 square kilometres. It has 3 parks covering nearly 36.3% of total area. The population of Penrose in 2016 was 247 people. By 2021 the population was 263 showing a population growth of 6.5% in the area during that time. The predominant age group in Penrose is 60-69 years. Households in Penrose are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrose work in a professional occupation.In 2021, 86.90% of the homes in Penrose were owner-occupied compared with 78.40% in 2016.
Penrose has 191 properties. Over the last 5 years, Houses in Penrose have seen a 13.90% increase in median value, while Units have seen a -3.91% decrease. As at 30 November 2025:
- The median value for Houses in Penrose is $1,147,737 while the median value for Units is $947,932.
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