24 Young St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1978. The property has a land size of 1027m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
Investors / retirees / first home owners This is a must see.
There is a lot to like about this solid brick veneer, 3-bedroom home. The large (1020m2 approx.), low maintenance block with bore, is located in one of Penola s most attractive streets, lined with trees and only a stones throw from the main street.
The home itself presents well and lends itself to various scenarios; Ready to move in as is, renovate or even extend with plenty of space to the rear of the house. Currently tenanted Investors looking to start / increase their investment portfolios should definitely add this to their property hit list.
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 1,237 properties. Over the last 5 years, Houses in Penola have seen a 122.03% increase in median value, while Units have seen a 119.65% increase. As at 30 November 2025:
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