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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Penola has 52 houses available for sale. The median property price for a house is currently 440,000 with annual capital growth of 31.84 . There were 39 house sales in the past 12 months. On average, houses spend 72 days on market.

Houses have seen 12.82 growth in the past quarter, and 31.84 growth in the past 12 months.

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 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 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 labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016.

Penola has 3 units available for sale. There were 3 unit sales in the past 12 months.

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 2011 was 1,706 people. By 2016 the population was 1,571 showing a population decline of 7.9% in the area during that time. The predominant age group in Penola is 60-69 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 labourer occupation. In 2011, 70.7% of the homes in Penola were owner-occupied compared with 67.4% in 2016.

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Key Market Data House Unit
Median price 440,000
Quarterly growth +12.82
12-month growth +31.84
Average annual growth +18.60
Weekly median rent
Gross rental yield 4.38 5.72
Number of Sales (12m) 39 3
Avg. Days on Market (12m) 72
Jump to Market Trends
Key Demographics 2011 2016
Total population 1,706 1,571
Population change (5y) +12.53 -7.90
Median household income (p/w) 996 1,177
Household income change (5y) +13.44 +18.17
Median age of persons 41 44
Jump to Demographics Trends
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