Back 8 Penrose St
Off Market

8 Penrose St

Nagambie VIC 3608

1001 m²
Land
Last sold for $290,000
Bonnie GaehlBonnie Gaehl, last sold this property on 31 July 2025 after 591 days on market.

Overview

Perfect Parcel In Penrose

8 Penrose Street, Nagambie, offers a fantastic 1001m² block of land, ready for its new owner to unlock its full potential. Situated just a short stroll from all of the town’s amenities, this prime location is ideal for anyone looking to build their dream home in a highly sought-after area, or you may even like to look at building 2 homes on this land (STCA). The possibilities are endless, with the perfect balance of convenience and opportunity. All town services available.

Features

1001 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Nagambie over the last 12 months, the estimated median property value of 8 Penrose St is $258k.

Median value
$258k
Estimated value range
$145k - $845k
Median days on market
184
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Nagambie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Penrose St

2025
Sold
$290,000
Private Sale/Treaty on 31 Jul 2025 by Bonnie Gaehl, of Gaehl Real Estate
2019
Sold
$162,000
Private Sale/Treaty on 21 Oct 2019 by Mark Boyer, of Ray White Nagambie
2017
Sold
$110,000
16 Dec 2017 by Bonnie Gaehl, of Janelle Puppa Real Estate

Happy sellers in Nagambie

68%
68% of sellers in Nagambie reported that their sale price either exceeded or met their price expectations.

Nagambie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Nagambie over the last 12 months.

Local market activity for land plots in Nagambie

In the last 12 months, 13 land plots similar to 8 Penrose St, have been sold.

This represents a 16% decrease in land plots sales when compared to the previous 12 months.

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