56 Portland St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 710m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Investors!!! Do we have a great property to add to your portfolio! Currently rented at $160 per week. And first home buyers, this one may interest you too. Solid 3 bedroom duplex which has a generous eat-in kitchen with new lino and stove. Separate lounge room with a gas heater. Great bonus of a fourth bedroom or office. Other features include large garden shed, enclosed yard with rear access to back yard and gas hot water system.
This is a great little starter and at this price why would you still pay rent when you could be paying off your own or investors let it pay itself off! Phone Jo for your private inspection.
The size of Penola is approximately 252.5 square kilometres. There are 14 parks, covering nearly 11.5% of the 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 $800 - $999 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 1,247 properties. Over the last 5 years, Houses in Penola have seen a 119.72% increase in median value, while Units have seen a 110.41% increase. As at 30 June 2026:
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