Suburb Profile Report for Penola SA (5277)

Penola House: Median price $212,500, Annual capital growth 4.27%, Number of sales 33, Weekly median advertised rent $220

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a an unimpressive capital gain of -1.62% for the last year, Penola, 5277 is the 3064th highest performer in Australia in this respect.

Comparing Penola,5277 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Penola is giving property investors an average Vendor Discount of around -9.21%. This puts suburb at number 41th in SA when ranking the most discounted suburbs.

At number 3399 in a list of fastest selling suburbs, Penola is in the bottom 20% of suburbs in Australia with an average of days on market 131.55 for properties listed there.

Property investors should expect to get $220 weekly from the median priced house in this suburb.

HOUSE UNIT
$212,500 N/A
1.67% N/A
-1.62% N/A
4.27% N/A
$220 N/A
33 N/A
5.38% N/A
131.55 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
Find a mortgage broker in Penola SA
Demographics
Total population 1706
Median household income ($/weekly) 998
Median age of persons 41
Median housing loan repayment ($/monthly) 1192
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 224 13.1
    25-34 years 199 11.7
    35-44 years 252 14.8
    45-54 years 220 12.9
    55-64 years 245 14.4
    Others 567 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 656 54.2
    Not Married 416 34.4
    Defacto Relationship 139 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1541 93.2
    New Zealand 8 0.5
    Papua New Guinea 23 1.4
    United Kingdom 48 2.9
    Other 7 0.4
    Others 26 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1111 71.1
    No Religion 435 27.8
    Other Religious Groups 7 0.4
    Buddhism 6 0.4
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 66 10.6
    $400-$599 64 10.3
    $600-$799 79 12.7
    $800-$999 70 11.3
    $1,500-$1,999 80 12.9
    Others 263 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 592 45.6
    Not in the labour force 347 26.7
    Employed, worked part-time 271 20.9
    Employed, away from work 64 4.9
    Unemployed, looking for work 25 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 228 24.5
    Professionals 114 12.3
    Technicians & trades workers 92 9.9
    Sales 96 10.3
    Labourers 186 20.0
    Others 213 22.9
    Occupation
    Census Count Percent(%)
    Pre-school 24 6.9
    Infants/Primary 158 45.4
    Secondary 94 27.0
    Technical or Further Educational Institution 36 10.3
    University or other Tertiary Institutions 24 6.9
    Others 12 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1456 92.9
    Semi-detached, row or terrace house, townhouse 77 4.9
    Flat, unit or apartment 21 1.3
    House or flat attached to a shop, office 9 0.6
    Caravan, cabin, houseboat 4 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 253 38.1
    Being purchased 227 34.2
    Rented 179 27.0
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals