481 Womma RoadPenfield SA 5121
Property Details for 481 Womma Rd, Penfield
481 Womma Rd, Penfield is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 40400m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (March 2023)
Right on the cusp of development this massive 40,800sqm of prime land boarding many residential suburbs presents a great investment opportunity and solid land holding for the future, buy today and add maximum value tomorrow.
The property already with a great rental return of approx $33,000+ per annum can quite easily be increased to $45,000+ per annum presents a great opportunity for developers and investors alike with excellent returns giving you the opportunity to land bank and enjoy the capital growth and possible zoning changes (S.T.C.C).
A beautiful 1977 neat home comprising three generous bedrooms, a large living room with recessed picture window that flows through to the meals area which overlooks the kitchen at the rear of the home.
Additional features include;
- Recycled water connection
- 4.080 ha (Approximately 10 acres)
- Prime horticulture farming land or lifestyle block
- Minutes from the major shopping centre of Elizabeth
- Easy turn off and access to the Northern Expressway
- Mains water connected
With all of the above in a rapidly increasing Adelaide Market don't miss you opportunity and call today!
Param Baidwan 0433246376
"I Care For You and Your Home"
Property History for 481 Womma Rd, Penfield, SA 5121
- 05 Jun 2023Sold for $1,700,000
- 16 Mar 2022Listed for Sale Not Disclosed
- 20 May 2015Listed for Rent - Price not available
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0About Penfield 5121
The size of Penfield is approximately 10.3 square kilometres. The population of Penfield in 2016 was 804 people. By 2021 the population was 422 showing a population decline of 47.5% in the area during that time. The predominant age group in Penfield is 70-79 years. Households in Penfield are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Penfield work in a managers occupation.In 2021, 81.50% of the homes in Penfield were owner-occupied compared with 82.90% in 2016.
Penfield has 382 properties. Over the last 5 years, Houses in Penfield have seen a 111.27% increase in median value. As at 30 November 2025:
- The median value for Houses in Penfield is $930,292 while the median value for Units is $549,974.
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