48 South Tce, Penola is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 4504m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Executive living in a fantastic quiet location - a sought after area!! This really is a great family property with the spacious 4 bedrooms & situated on a huge block measuring approx. 4,500m2. The superb home has many quality features:- 4 good sized bedrooms, the main bedroom has a w.i.r, office & large ensuite with spa bath. The other 3 bedrooms are of a double size & are carpeted with b.i.r's : open plan kitchen / meals / living area with sliding doors that lead out to the large pergola : the modern kitchen is equipped with lots of cupboards & bench space, dishwasher, wall oven & a w.i. pantry : large formal lounge / 2nd living area : year round comfort is provided with ducted r/c a/c in the main rooms & there is a s/c heater in the living area : the whole house is connected to rain water : double garage with auto roller doors, concrete floor & a 3rd toilet & huge backyard. Inspect today!!
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 1,244 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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