532 Kareela Rd, Penrose is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1113m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Perfectly positioned in the sought after village of Penrose this weatherboard cottage is comfortably set back and surrounded by an abundance of native flora and fauna.
Nestled amongst Australian natives on level low maintenance grounds the property enjoys a wonderful private feel while still being within a comfortable walk of the village general store and railway station.
- Elevated front verandah/entry
- Large open plan living area with an attractive aspect and garden outlook
- Spacious modern gas kitchen with rangehood and good cupboard space
- Above average double bedrooms with a peaceful garden outlook
- Well maintained fully tiled bathroom plus separate toilet
- Functional laundry/mudroom with rear entry
- Detached lock up garage/workshop plus attached carport
Prime location situated under 10 minutes from the Hume Highway, with Sydney and Canberra both less than a 2 hour drive away. Plus, you're just approximately 40 minutes from the bustling towns of Mittagong, Bowral, Moss Vale & Goulburn. Create your village lifestyle in the Southern Highlands best kept secret.
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:
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