New to the market is this superb allotment of 4.4 Hectares (approx 11 acres) just on the outskirts of Penola. Perfect for the family wanting extra space for a pony, room to ride a motor bike, or an area for an orchard and large veggie patch! Perfect for the horse enthusiast. This property has a fenced hayshed, with a small horse yard, bore equipped with windmill, tank and trough.
Building of a dwelling is non-complying and will require a non complying application process (please refer to Wattle Range Council for further information).
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 1,246 properties. Over the last 5 years, Houses in Penola have seen a 126.22% increase in median value, while Units have seen a 117.06% increase. As at 31 May 2026:
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