If you compare the increase in value of investment property in Penola, 5277 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -5.00%.
Across a shorter period, Penola, 5277 has seen a median price increase of -1.18% over the last quarter.
Our latest figures would indicate that property sellers in Penola are currently offering property investors an average price cut of -9.60% below the asking price at the moment.
Often selling an investment property can take time, and in Penola the average time real estate has been on the market is 148.64 days.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.