51 Clarke Street, Penola, SA 5277 | Land for sale | OnTheHouse
 
FOR SALE
$120,000

51 Clarke Street
Penola SA 5277

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1011m2
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Prime Penola Opportunity - Build, Invest or Secure Your Future

Ray White are pleased to present this fantastic parcel of land at 51 Clarke Street, Penola -ideally sized, well-shaped, level, and affordable, making it perfect for investment or the build you've been planning.
Opportunities like this don't last -especially in a tightly held town like Penola, where quality land is increasingly hard to secure.
Positioned in a quiet, well-established street, this generous allotment provides the ideal foundation for your next move. Whether you're building your dream home, investing for the future, or securing land in a thriving regional community, this property delivers on location, lifestyle, and long-term value.
Penola is one of those rare towns where people don't just visit -they stay. With strong community ties and limited properties coming to market, demand continues to outweigh supply.
• Local hospital and aged care facilities
• Primary schools and a high school centrally located
• Strong sporting clubs and community groups
• Generous allotment in a quiet, established location
• Residential zoning allowing flexibility for a range of builds (STCC)
• Ideal for owner-builders, investors, or future planning
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Property Details for 51 Clarke St, Penola

Building Type
Land
Land Size
1011m2
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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 1,247 properties. Over the last 5 years, Houses in Penola have seen a 123.03% increase in median value, while Units have seen a 103.20% increase. As at 31 July 2026:

  • The median value for Houses in Penola is $453,765 while the median value for Units is $360,269.
  • Houses have a median rent of $260.
There are currently 12 properties listed for sale, and 1 property listed for rent in Penola on OnTheHouse. According to Cotality's data, 55 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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