Estimate from records
$1.23M
Likely range $872k – $1.81M · model suburb-records
Penrose rarely goes to auction, so the main model has never seen it. This estimate comes from the suburb's own sales instead: the median of 14 sales over the last 24 months, brought up to date, and blended with its own last sale ($1.31M in Dec 2023, worth about $1.19M today). Bedrooms play no part in it. Measured on 5,979 such homes sold March to August 2026, this method misses by 15% typically for a house, and the range below held the sale price 80% of the time.
How this estimate was made
- Method: Suburb sales estimator · data through 2026-09-05
- Inputs used for this home: previous sale
- Comparable support: 14 suburb sales inform the local price level.
- When to be more cautious: Condition, aspect, renovation and the contract are not model inputs and can move the sale price.
What is on record
TypeHouse
Bedroomsnot on record; not used by this method
Last sale on record$1.31M (Dec 2023)