5 Davey Cres, Penrice is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Penrice in the last 12 months.
Situated in a quiet street this appealing double brick maisonette is the perfect opportunity to enter the housing market or to secure an affordable property to add to your investment property portfolio.
The home features 3 good size bedrooms, a lovely open plan kitchen/living area and 9ft ceilings throughout. The bathroom has been upgraded in neutral tones and with a separate toilet and laundry off the back lobby the floor plan makes efficient use of the space. The property has a new roof, fresh appearance and there is a convenient reverse cycle air-conditioner for all year round climate control.
The large block of 818sqm with great paved entertainment area, rainwater tank, double car carport + large shed with concrete floor caters for all outdoor basics with still plenty of space for kids to play, cubbies, pets, and tending to your own veggie patch.
Currently tenanted at $255 pw until Jan 2022. Close to the Angaston shops, the property meets the important considerations for property investors.
To respect the Tenants privacy no interior photographs have been taken.
The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2016 was 434 people. By 2021 the population was 486 showing a population growth of 12.0% in the area during that time. The predominant age group in Penrice is 40-49 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a managers occupation.In 2021, 82.40% of the homes in Penrice were owner-occupied compared with 84.30% in 2016.
Penrice has 272 properties. Over the last 5 years, Houses in Penrice have seen a 92.14% increase in median value, while Units have seen a 554.00% increase. As at 30 November 2025:
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