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Property Value Estimate

A current estimated value of your Penola property, before talking to the experts.

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List of Top Penola Real Estate Agents

There is a huge difference between good and bad agents.

The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Penola below, so you can see what kind of difference an experienced agent makes.

In the past 12 months, Penola real estate agents have sold 35 properties. Houses in Penola spent 65 days on the market before selling. Most properties sold were houses.

We have prepared a shortlist of agents operating in Penola, but the agents on this list may not suit your style of property. Individual agent performance can vary significantly, even if the agents share the same agencies or office.

Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.

Which Real Estate Agent's Best Penola Agents

Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.

To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.

Properties Sold

35

(12 Months to Mar 2024)
Different Agents Used

21

(Mar 2024)
Different Agencies Used

4

(Mar 2024)

A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. units within a certain area, price bracket, and a ranking within their agency. We do everything we can to identify these agents for you.

We've crunched the numbers on properties sold in Penola and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.

Penola Agents That Sell For Higher Prices

Suburb Avg.
$342,000
Top 3 Agents
$363,167

Top agents achieved 1.1x higher prices than the suburb average.

Agents with good negotiation skills and strong contacts in the local real estate industry can often bump your property values, covering their fees and getting more in your pocket.

Penola Agents That Sell Faster

Suburb Avg.
118 Days
Top 3 Agents
60 Days

The top 3 agents in Penola sell 2.0x faster than the suburb average.

Find an agent that can create an advertising strategy specially crafted for your Penola property. Additionally, the agent with a strong list of potential buyers can prospect and negotiate a sale early in the campaign.

Why Use Us

Our service is 100% free and no obligation to you.

We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.

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What To Pay Your Penola Agent

The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.

An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Penola area from our agent comparison tool to sell confidently.

Penola is one of the more expensive suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Penola average around 2.8%.

Compared to other areas in Australia, the commission rate in Penola is higher - remember that you can negotiate with your real estate agent about their fees and commissions, as well as inclusions on marketing fees.

2.8%
Penola Average Commission Rate
~2.1%
National Average Commission Rate

Use the real estate agent fee calculator below to determine how much it may cost to sell your property in South Australia. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.

$0.00

Estimated Agent Commission

More Information

The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.

Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.

The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.

Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.

There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.

However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.

Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.

Frequently Asked Questions

SHOULD I SELL MY HOUSE IN Penola IN 2024?

According to our data, you may want to consider selling your Penola property in 2024.

The average houses growth in Penola has risen to 0.8% over the past 10 years. The increase in property values has led to an appreciating market where selling your property is generally easier and buyers are generally more competitive.

Price growth for Penola houses over the last year has been below the ten year annual growth rate, coming in at -3.3% for houses (compared to the 10 year average, 0.8%).

To find out how to sell your house and to find the best agent, click here.

WHAT IS MY HOUSE PRICE ESTIMATE?

There are several variables that can affect property values in Penola. To accurately estimate the value of your Penola property, these variables need to be taken into account.

One of the most significant, but surprising, contributors to your property price is proximity to loud areas or industry.

Several nearby types of infrastructure may drive your house value estimation down. Public infrastructure such as busy roads or flight paths could generate a lot of noise pollution which may deter some buyers, leading to your property selling at a lower price.

With so many potential factors affecting a property’s price, it’s best to do some research before talking to agents.

Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.

WHAT ARE THE STEPS TO SELLING MY Penola HOUSE?

There’s a lot to think about when selling your Penola property, and a lot of it happens before signing up with an agent.

It’s a good idea to start with some independent research, before committing to selling your Penola property. Start by looking at property market statistics which will give you an idea of property values and price trends. Speak with a few agents to see what they think of your property, and how to best market and sell your home.

Make sure you are sure about selling, and are realistic about your property’s value when talking to agents. A mistake here could cost you. The best way to avoid costly missteps and get a good price is to sign up with a strong local real estate agent that can walk you through the whole selling process in an honest way.

If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.

HOW DO I FIND THE BEST REAL ESTATE AGENT IN Penola?

To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.

Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.

Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in Penola by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.

HOW COULD THIS SERVICE BE FREE?

If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.

This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.

IS YOUR AGENT ANALYSIS BIASED IN ANY WAY?

No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.

Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.

In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.

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Penola Suburb Overview

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.

The town has an Australian Rules football team competing in the Kowree-Naracoorte-Tatiara Football League.

Penola is also the name of a high school in Melbourne, named after the South Australian town due to its link to its patron saint Mary MacKillop.

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