35 Riddoch StreetPenola SA 5277
Property Details for 35 Riddoch St, Penola
Last Listing description (December 2020)
Once you purchase this prime piece of real estate, your options are limitless! Double frontage entrance, 100 metres wide, one title, zoned Primary Production and suitable for storage/warehousing of primary production activities or other uses (subject to council and planning and building regulations.)
There are two separate buildings with a large court yard so if you had the dream of wanting to open a craft brewery and tasting rooms or some sort of accommodation facility, this property would be ideal (again, it would need council approval.)
This property is situated on approximately 2 acres of land which would be perfect for a market garden or for parking. Other features of this property include 3 phase power, 40,000 gallons of rainwater and 2 10 horse power pumps.
Property History for 35 Riddoch St, Penola, SA 5277
- 27 Aug 2019Listed for Sale $450,000
- 31 Aug 2008Listed for Sale 350000
- 24 Apr 1997Sold for $70,000
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About Penola 5277
The size of Penola is approximately 252.5 square kilometres. It has 14 parks covering nearly 11.5% of 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 $1000 - $1399 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 1,238 properties. Over the last 5 years, Houses in Penola have seen a 136.28% increase in median value, while Units have seen a 120.37% increase. As at 31 December 2025:
- The median value for Houses in Penola is $403,623 while the median value for Units is $413,679.
- Houses have a median rent of $260.
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