53 Penelope Dr, Cornubia is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 6798m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
This sounds like an incredible opportunity for those seeking a retreat-style living experience with the convenience of urban amenities nearby. The expansive land area offers both privacy and the potential for development, making it quite a unique find.
With four bedrooms, two bathrooms, and multiple living areas, the multi-level family pole home provides ample space for comfortable living. The kitchen's quality appliances and Caesarstone benchtops add a touch of luxury to the home.
The fact that sewerage, water, and electricity are already connected to the property is a significant advantage, simplifying the process for potential buyers.
The mention of treetop living suggests a tranquil environment surrounded by nature, perfect for those who appreciate a serene lifestyle.
However, potential buyers must conduct their due diligence regarding the subdivision's potential and any other relevant factors before deciding. Overall, this property seems like a rare and promising opportunity for those looking for a unique blend of privacy, nature, and convenience.
Currently, the property is tenanted at $630 pw. The Lease ends on July 22, 2024. The rent is conservative and ready to be increased. Tenants have been notified to leave, and the property will be vacant at the end of the current lease.
The size of Cornubia is approximately 14.9 square kilometres. It has 17 parks covering nearly 21.9% of total area. The population of Cornubia in 2016 was 7317 people. By 2021 the population was 7810 showing a population growth of 6.7% in the area during that time. The predominant age group in Cornubia is 10-19 years. Households in Cornubia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cornubia work in a professional occupation.In 2021, 85.30% of the homes in Cornubia were owner-occupied compared with 83.80% in 2016.
Cornubia has 2,989 properties. Over the last 5 years, Houses in Cornubia have seen a 111.38% increase in median value, while Units have seen a 157.52% increase. As at 31 January 2026:
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