39 Clarke St, Penola is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 866m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Townhouse sold in Penola in the last 12 months.
Ruby's Cottage - A Little Legend with a Big Backyard and Even Bigger VibesWelcome to Ruby's Cottage - aka the coziest little money-maker in the heart of the Coonawarra wine region. She's a well-loved, highly-reviewed, perfectly located slice of Penola life. We're only selling because our little family is packing up the caravan and heading off to do the big lap - chasing sunshine, slow mornings, and too many bakery stops.Now it's your turn.Run it as a thriving B&B (it basically books itself), move in and chill out, or go hybrid and do both. It's pet-friendly, people-approved, and comes with a seriously comfy bed that's received more praise than some five-star hotels.What do guests say?"Great location, easy walk to town and wineries""Loved the thoughtful breakfast goodies" "Charming, cozy and clean" Guests love its retro charm, generous inclusions, and spot-on location. One called it "adorable." Another said, "We'll be back." It's a humble cottage with a cult following.Features: Two bedrooms and a spa-equipped bathroom Newly updated kitchen with modern appliances Open-plan living/dining/kitchen for relaxed stays Huge, secure backyard Split system air conditioning BBQ, pergola and plenty of outdoor space for sunny afternoons Generous 866m blockFinancials & Opportunity: Earning $270-$360 per night as a short-stay Strong occupancy and repeat guest base Long-term rental estimate: $300-$330 per week Council rates approx. $487.75 per quarter Built in 1970 - full of character Full financials available on requestWhether you're looking to keep the income flowing or settle into a slower-paced life in a wine lover's paradise, Ruby's Cottage delivers the goods.Call Tahlia and the Ray White Mt Gambier team today to make Ruby's yours.RLA 291953
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 1,235 properties. Over the last 5 years, Houses in Penola have seen a 122.03% increase in median value, while Units have seen a 119.65% increase. As at 30 November 2025:
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