10 South Terrace, Penola, SA 5277 | House for sale | OnTheHouse
 
FOR SALE
$850,000 - $890,000

10 South Terrace
Penola SA 5277

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 250m2
Land area: 5520m2
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Superb Home and Acreage on the Outskirts of Penola SA

Expressions Of Interest by 12pm Thursday 25th June 2026 (Unless Sold Prior)
Set in one of the most admired pockets of Penola, 10 South Terrace presents a rare opportunity to secure a substantial lifestyle property where space, privacy and timeless quality come together in perfect harmony. Renowned for its rich history, welcoming community and close proximity to the world-famous Coonawarra Wine Region, Penola continues to attract buyers seeking an enviable country lifestyle with all the conveniences of a thriving regional township. Framed by uninterrupted vineyard and rural outlooks that will never be built out, this exceptional property offers peace, prestige and a truly picturesque setting.
Beautifully maintained and lovingly cared for over many years, this brick residence is surrounded by award-winning established gardens once showcased as part of local open garden events. Freshly painted throughout and offering an abundance of living space, the home has been thoughtfully designed for comfortable family living, entertaining and working from home. With extensive shedding, immaculate grounds, outstanding storage and self-sufficient infrastructure, this is a property unlike anything else currently available on the market.
Property Features
• Brick construction with maintained tiled roof
• 3 spacious bedrooms plus dedicated study/nursery with external access
• Expansive master suite with huge walk-in wardrobe and ensuite
• Open plan kitchen, dining and living area
• Additional formal lounge room which lends perfectly to the creation of an additional bedroom
• Kitchen and bathrooms in excellent original condition
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Property Details for 10 South Tce, Penola

10 South Tce, Penola is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 5520m2 and floor size of 250m2. The place is currently for sale with Ray White Mt Gambier.

Building Type
House
Floor Size
250m2
Land Size
5520m2
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About Penola 5277

The size of Penola is approximately 252.5 square kilometres. There are 14 parks, covering nearly 11.5% of the total area. The population of Penola in 2016 was 1592 people. By 2021 the population was 1622 showing a population growth of 1.9% in the area during that time. The predominant age group in Penola is 50-59 years. Households in Penola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Penola work in a managers occupation.In 2021, 72.60% of the homes in Penola were owner-occupied compared with 67.40% in 2016.

Penola has 1,249 properties. Over the last 5 years, Houses in Penola have seen a 116.24% increase in median value, while Units have seen a 86.98% increase. As at 31 August 2026:

  • The median value for Houses in Penola is $461,198 while the median value for Units is $356,381.
  • Houses have a median rent of $260.
There are currently 13 properties listed for sale, and no properties listed for rent in Penola on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Penola.

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Karyn Prelc
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Ray White Mt Gambier
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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