388 Kareela Road, Penrose, NSW 2579 | Property Value & History | OnTheHouse
OFF MARKET

388 Kareela Road
Penrose NSW 2579

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 18105m2
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Property Details for 388 Kareela Rd, Penrose

388 Kareela Rd, Penrose is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 18105m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Land Size
18105m2
Local Government
Wingecarribee
Lot/Plan
2/DP865233

Last Listing description (April 2016)

4.6ACRES
HITCH UP THE HORSES AND CALL THE DOGS!
THIS EARLY 1900's BUNGALOW ENJOYS A PRETTY, ESTABLISHED SETTING WITH 2 STREET FRONTAGES

IT RETAINS MANY ORIGINAL FEATURES AND WITH A LITTLE 'RE-VAMP' YOU WILL BE REWARDED WITH A COSY, CHARACTER COTTAGE
* 3 bedrooms
* bathroom with shower, bath & w.c.
* lounge & dining with timber floors
* family room with slow combustion fire & ceiling fan
* kitchen (small) with electric stove and pressed metal ceiling
* 9ft ceilings, picture rails and some rooms with decorative cornices
* laundry
* front and rear covered patios
* security alarm system
* single garage with workshop and power
* 4 X 1/4 'goldstein pens' next to garage
* 7 fenced enclosures
* 3 fenced dog runs
* large, double garage (insulated) 10.5m X 10.5m with open bay
* 3 phase power available
* outside security lighting
* excellent bore water plus 6 water tanks
* fox proof chook pen
* vegetable gardens
* orchard - apricots, apples, cherries, nectarines, raspberries and citrus
* 2 street frontages
PENROSE IS A COMMUNITY WITH AN EXCELLENT PRIMARY SCHOOL, VILLAGE STORE, RAILWAY STATION, LANDSCAPING AND RURAL SUPPLIES AND THE POPULAR SYLVAN GLEN COUNTRY HOUSE AND GOLF COURSE IS ONLY 10 MINUTES SOUTH OF BUNDANOON
Property Code: 116

Property History for 388 Kareela Rd, Penrose, NSW 2579

A timeline of how this property has performed in the market
Last Sold
$700,000
01 Jul 2022
  • 01 Jul 2022
    Sold for $700,000
  • 01 Mar 2016
    Sold for $555,000
  • 06 Feb 2016
    Listed for Sale $555,000
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About Penrose 2579

The size of Penrose is approximately 46.3 square kilometres. There are 3 parks, covering nearly 36.3% of the 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 192 properties. Over the last 5 years, Houses in Penrose have seen a 0.79% increase in median value, while Units have seen a 115.20% increase. As at 31 July 2026:

  • The median value for Houses in Penrose is $1,290,086 while the median value for Units is $1,241,425.
There are currently no properties listed for sale, and no properties listed for rent in Penrose on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Penrose.

Suburb Insights for Penrose 2579

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.