4 Shanks StreetPenola SA 5277
Property Details for 4 Shanks St, Penola
Last Listing description (October 2019)
Arguably the cheapest blocks in town!!! Two great level allotments ready for someone to break the renting cycle and build your own home. Allotment 3 is a blank canvas ready for a house to be built and has a garden shed and a bore. Allotment 4 has stone stables that can still be used for stabling horses if required or would make a fabulous shed and storage area. Buy them both and have the best of both worlds!
Property History for 4 Shanks St, Penola, SA 5277
- 02 Aug 2019Listed for Rent - Price not available
- 24 Oct 2018Listed for Sale $35,000 $35,000
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0About Penola 5277
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 136.28% increase in median value, while Units have seen a 120.37% increase. As at 31 December 2025:
- The median value for Houses in Penola is $403,623 while the median value for Units is $413,679.
- Houses have a median rent of $260.
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