7 Shanks St, Penola is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 689m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Located in a quiet section of popular Penola, this unique family home is bound to impress.
Built in an appealing octagonal design, the central kitchen looks over the open entrance, living, and dining areas. Exposed beams set off the unique appeal of the roof and the shape of the home.
The open ceiling and clever walling separated the kitchen from the rear passageway. allow good airflow from reverse cycle airconditioning at both the front and rear of the home, servicing it well. A wood fire in the lounge also easily heats this cleverly designed home.
The passageway running around behind the kitchen conveniently leads to 3 bedrooms, the laundry, the separate toilet, and the spa bathroom area. The main room boasts a walk-in wardrobe.
The lounge section opens out to an established outdoor entertaining area, garden, and cubby house. A large shed houses vehicles and a maintenance area at the front. A separate side section of the shed, an optional 4th living space currently used as a teen retreat with a bedroom and lounge.
This property is attractively priced for families, investors, or those new to the market.
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 1,246 properties. Over the last 5 years, Houses in Penola have seen a 126.22% increase in median value, while Units have seen a 117.06% increase. As at 31 May 2026:
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