THE FOUNDATION FOR YOUR NEW LIFE IS HERE!
ON OFFER IS AN EXCELLENT OPPORTUNITY TO BUILD YOUR DREAM HOME IN AN IDEAL LOCATION NEAR THE HEART OF ELIZABETH SHOPPING CENTRE AND THE MUNNO PARA SHOPPING PRECINCT. THIS 406SQM BLOCK IS EASEMENT FREE WITH 11.5M WIDTH AND APPROXIMATELY 30M IN DEPTH GIVING YOU THE SPACE TO CREATE YOUR PERFECT PLACE! THE LAND HAS BEEN CLEARED AND LEVELLED AND IS READY TO BUILD ON AT ANYTIME AND YOU ARE FREE TO CHOOSE YOUR OWN BUILDER AND DREAM HOME DESIGN. TAKE ADVANTAGE OF THE GENEROUS $8,500 GOVERNMENT CONSTRUCTION GRANT AVAILABLE TIL JUNE 30TH 2013 OR $23,500 FIRST HOME OWNERS GRANTS ON OFFER AND RECORD LOW INTEREST RATES. NOW IS AN EXCELLENT TIME TO BUY, BUILD AND SECURE YOUR FUTURE. PERFECTLY POSITIONED MERELY MINUTES TO BOTH THE ELIZABETH AND MUNNO PARA SHOPPING CENTRES AND WITHIN EASY WALKING DISTANCE TO LOCAL YORKTOWN SHOPS, BUS STOPS AS WELL AS ARGANA PARK AND SPORTING CLUB ON A QUIET STREET, THIS IS THE LOCATION YOU HAVE BEEN LOOKING FOR! IT''S A SENSATIONAL START FOR FIRST HOME BUYERS, IDEAL INVESTMENT OR FABULOUS EASY LIVING LIFESTYLE FOR DOWNSIZERS. DRIVE BY AND INSPECT TODAY AND CALL MIKE LAO!
The size of Penfield is approximately 10.3 square kilometres. The population of Penfield in 2016 was 804 people. By 2021 the population was 422 showing a population decline of 47.5% in the area during that time. The predominant age group in Penfield is 70-79 years. Households in Penfield are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Penfield work in a managers occupation.In 2021, 81.50% of the homes in Penfield were owner-occupied compared with 82.90% in 2016.
Penfield has 382 properties. Over the last 5 years, Houses in Penfield have seen a 111.27% increase in median value. As at 30 November 2025:
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