23 Young St, Penola is a 3 bedroom, 1 bathroom House and was built in 1857. The property has a land size of 1020m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Penola in the last 12 months.
Steeped in history is this quaint Circa 1857 cottage which is screaming to become a BnB! Situated on a large allotment measuring approximately1018.35 m2 (and can be subdivided STCC) right in the centre of the town and Central Business District, this is prime real estate!!!!
This gorgeous cottage has had a couple of alterations and additions, making it 3 bedrooms, kitchen, bathroom and lounge with back sunroom.
The cottage gardens look amazing and are a great place to sit and reflect after a busy day.
The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of total area. The population of Penola in 2016 was 1592 people. By 2021 the population was 1622 showing a population growth of 1.9% in the area during that time. The predominant age group in Penola is 50-59 years. Households in Penola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penola work in a managers occupation.In 2021, 72.60% of the homes in Penola were owner-occupied compared with 67.40% in 2016.
Penola has 1,242 properties. Over the last 5 years, Houses in Penola have seen a 117.71% increase in median value, while Units have seen a 71.19% increase. As at 30 April 2026:
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