85-87 Bell Street, Penshurst, VIC 3289 | Property Value & History | OnTheHouse
OFF MARKET

85-87 Bell Street
Penshurst VIC 3289

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 182m2
Land area: 1031m2
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Property Details for 85-87 Bell St, Penshurst

85-87 Bell St, Penshurst is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1031m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Floor Size
182m2
Land Size
1031m2
Local Government
Southern Grampians
Lot/Plan
2/TP614750

Last Listing description (February 2019)

This property is a circa 1865 predominantly bluestone building which was originally the National Australia Bank, with an attached Managers residence. When the bank closed in the late 1990 s it has become a private residence only.
The bluestone home on a large 2000 m2 block feature 14 ceilings, polished Baltic pine as well some hardwood floorboards, 4 generous sized double bedrooms, 3 in the original residence plus an additional bedroom which has been converted from old bank managers office. The old banking area is now a large open plan living space and includes the original bank vault and safe. It has potential for a range of commercial ventures ( STCA). There is a separate north facing sitting/lounge room with an open fire place and marble mantelpiece. The kitchen is fully functional with plenty of storage and bench space, includes a dishwasher electric oven and hotplates, the dining area is adjacent as is the walk in pantry.The main bathroom is located conveniently to the bedrooms, whilst the second bathroom is adjacent to the laundry at the rear of the house .There is a large fully enclosed backyard with establish trees and garden beds and ample lawn. This provides an ideally space for young children and pets. A large drive thru shed with attached workshop and carport provides a secure undercover area to store vehicles and tools.
This property is an integral part of Penshurst history. It is a structural sound building which offers an outstanding opportunity for retail and hospitality pursuits or just a lovely family home. Genuinely for sale due to family reasons.

Property History for 85-87 Bell St, Penshurst, VIC 3289

A timeline of how this property has performed in the market
Last Sold
$235,000
29 Jan 2019
  • 29 Jan 2019
    Sold for $235,000
  • 17 Dec 2018
    Listed for Sale $250,000
  • 24 Nov 2000
    Sold for $90,000
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About Penshurst 3289

The size of Penshurst is approximately 316.8 square kilometres. It has 1 park covering nearly 0.1% of 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 528 properties. Over the last 5 years, Houses in Penshurst have seen a 73.72% increase in median value, while Units have seen a -26.75% decrease. As at 31 January 2026:

  • The median value for Houses in Penshurst is $290,990 while the median value for Units is $256,772.
  • Houses have a median rent of $200.
There are currently 3 properties listed for sale, and no properties listed for rent in Penshurst on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 3289

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.