There are 5 real estate agents servicing Penola and surrounds. In 2014 they sold 17 properties. We have analysed all these Penola agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents
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Which Real Estat Agent is an Australian company (ACN 092 013 931) established in 2011. We provide professional, free services to property sellers Australia wide, with operations in Sydney & Melbourne.
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Real Estate Agents Penola – 2012/13 Performance
Penola Real Estate Agents sold 17 houses over the last 12 months. On average these 17 Penola houses took 155 days to sell and were sold at an average discount of -13% from their initial listing price.
The best Penola Real Estate Agents sell properties considerably better than these average figures. We detail who these Penola agents are in our free report.
Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 5 agents operating in the Wattle Range – East council area servicing the Penola market and 2 agencies, vendors should only use those Penola agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Penola property.
With total house price growth of 41% over the last five years Penola agents have had it reasonably easy selling into an appreciating market. Growth in Penola houses over the last year has been below the five year annual growth rate, coming in at 5% (5yr average 8%).
Request your free report for the individual performance details of real estate agents in Penola and the properties they have sold over the last couple of years.
With Penola property transactions only occurring on average every 7 years, securing the best Penola real estate agent to manage this infrequent transaction is crucial.
At the end of the day choosing the best Penola real estate agent to sell your property can make years of difference to your personal financial situation.
Penola is located 388 km south east of Adelaide and is in the heart of one of South Australia 's most productive wine growing areas. Coonawarra lies just to the north and is renowned for the quality of its red wines. At the 2006 census, Penola had a population of 1,317.
The town is also known as the central location in the life of Mary MacKillop, the first Australian to gain Roman Catholic sainthood, who alongside with Julian Tenison Woods in 1866 established the first free Catholic school using the Woods/MacKillop Catholic education system in Australia, St. Joseph's School. Woods and MacKillop also established in Penola 'her' order of nuns, the Congregation of the Sisters of St Joseph of the Sacred Heart. The order, otherwise known as the 'Josephites' or 'Brown Joeys' continue to work with the poor and needy communities throughout the world today.
The first Europeans to the area were the Austin brothers who arrived in 1840 and established a run of 109 square miles. The first settlers were Scottish -born Alexander Cameron and his wife Margaret in January 1844 after obtaining an occupation licence. In April 1850 Cameron obtained 80 acres of freehold land, his station was on a pastoral lease, and established the private town of Panoola, later known as Penola.
By 1850, Brad had built the Royal Oak Hotel and was doing extremely well financially supplying liquor to the many travellers passing through to the Victorian goldfields. Penola Post Office opened around 1852.
John Riddoch purchased Yallum in 1861. Riddoch grew up in poverty in the highlands of Scotland and in 1851 emigrated to try his luck on the Victorian goldfields. Within a few years he was a successful shopkeeper and wine merchant on the Geelong goldfields. He acquired 35,000 acres on which he ran 50,000 head of sheep.
It was Riddoch who planted the first grape vines and helped to diversify the pastoral economy of the area with an agricultural industry. In 1890 he established the Penola Fruit Growing Colony which was renamed Coonawarra in 1897.
In 2010, a tornado ripped through the township destroying at least four buildings and damaging many more.
The Mary MacKillop Interpretive Centre is located in Penola. It is within close proximity to the two State Heritage sites of Petticoat Lane and the original stone schoolhouse developed by Mary MacKillop in conjunction with Father Julian Tenison Woods in the 1800s.
Penola is in the local government area of the Wattle Range Council. It is in the state electorate of MacKillop and the federal Division of Barker.
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