106-108 Watton StreetPenshurst VIC 3289
Property Details for 106-108 Watton St, Penshurst
106-108 Watton St, Penshurst is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1860. The property has a land size of 2439m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (February 2021)
This house is steeped in history, it was the former Prince of Wales Hotel ( circa 1860) and the bluestone construction has stood the test of time. It is now a unique home with 2 living areas and 2 bedrooms in the main house. The studio is adjacent to main building, providing an ideal spot to let the creative juices flow. There is a separate self contained cottage which has B & B potential ( STCA). The bluestone provides natural insulation remaining cool in the summer and retains warmth in the winter. The kitchen features an Arga dual fuel stove, with gas hotplates and electric fan forced oven.
Once outside the house you are surrounded by an established garden of mature trees and low maintenance garden beds with an in-ground sprinkler system. Centrally located in the garden is a rotunda, ideally situated to enjoy the garden and bird life. There is also a shelter courtyard which capture the morning sun.
Adding to the character is the original bluestone stables complete with cobbled floor. All this on a land size of over 2400m2. This is truly a unique property, centrally located but at the same time it has a great feeling of serenity.
Penshurst is an historic rural service centre situated at the foot of Mt Rouse in South West Victoria. It has a population of around 500 people and offers basic retail, education and health services including 2 primary schools (State & Catholic), aged care facility, hotel, post office, police station and general retail shops. It has a range of sporting facilities including football, netball, bowls and the Racing Club continuously celebrating its Cup meeting on Boxing day since 1866.
Property History for 106-108 Watton St, Penshurst, VIC 3289
- 21 Jan 2021Sold for $495,000
- 15 Dec 2020Listed for Sale EOI, closing Feb 5th (if not sold prior)
- 01 Dec 2011Sold for $260,000
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About Penshurst 3289
The size of Penshurst is approximately 316.8 square kilometres. There is 1 park, covering nearly 0.1% of the total area. The population of Penshurst in 2016 was 622 people. By 2021 the population was 677 showing a population growth of 8.8% in the area during that time. The predominant age group in Penshurst is 60-69 years. Households in Penshurst are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Penshurst work in a managers occupation.In 2021, 76.60% of the homes in Penshurst were owner-occupied compared with 81.10% in 2016.
Penshurst has 530 properties. Over the last 5 years, Houses in Penshurst have seen a 54.73% increase in median value, while Units have seen a -26.75% decrease. As at 30 April 2026:
- The median value for Houses in Penshurst is $340,531 while the median value for Units is $178,286.
- Houses have a median rent of $200.
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