8 Lizzie St, Penola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 1185m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Attention first home buyers or smart investors......this quality stone home set on a large allotment is located in a quiet and central location - close to the main street. Be quick to inspect this well positioned family home. The home features - 3 carpeted bedrooms, off the main bedroom is a large store room which would make a great walk-in-robe or ensuite : the carpeted lounge has a s/c heater, r/c airconditioner and an archway leading into the kitchen : beautiful spacious eat-in kitchen featuring Tasmanian oak cupboards with leadlight, wall oven and pantry cupboard : bathroom has large corner bath and separate shower : 10,000 gallons of rainwater which is connected to the whole house except toilet : single stone garage with roller door, concrete floor and power connected : pergola : cubby house : huge allotment which may have sub-division potential (STCC).
GREAT FAMILY HOME IN A GREAT LOCATION WITH LOADS OF POTENTIAL TO BUILD UP OR OUT IF YOU WISH (STCC).
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 1,238 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:
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